Bridging lender MTF’s latest Broker Sentiment Survey has found that property investors are increasingly turning to bridging finance to fund development projects and refurbishments.
Investors are taking advantage of vast liquidity on offer to improve new or existing portfolio properties and maximise the value of their assets.
A third of the 122 respondents in the latest MTF Broker Sentiment Survey said the most popular reason for taking out a bridging loan in the second quarter of this year was to fund a development project, up from 24% during the same period of 2017.
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