Industry requires a 3 year bridge
With the FSA planning to cap and define a bridging loan as one with a maximum term of 12 months, according to the last consultation paper of the Mortgage Market Review, will products that extend over this proposed limit still be classed as a bridge or …
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Main Business MAS to secure RM15b bridging loan from CIMB say …
KUALA LUMPUR, May 11 — Malaysia Airline System Bhd (MAS) is close to securing a RM1.5 billion bridging loan from CIMB Group Holdings Bhd (CIMB), …
www.themalaysianinsider.com/…/mas-to-secure-rm1.5b-bridgi…
Bridging lender's £337m AIP spike
More than 500 Agreements in Principle (AIPs) on loans amounting to £337 million were received in the first four months of 2012 by the short and medium term lender Dragonfly Property Finance. This spike in AIPs, from an already high level, …
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Dragonfly sees 20% spike in bridging applications in first four months of the year
| Dragonfly Property Finance has seen a 20% rise in agreements in principle by value, with £337m in applications received in the first four months of the year compared to £280m over the same period in 2011. By number, AIPs rose 28% from 390 in the first … |
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Lender cuts bridging rates to 0.75%
A commercial mortgage finance and bridging loan specialist has announced a reduction in its three month bridging loan rate to 0.75 per cent per month, for both commercial and residential properties, marking a 0.5 per cent cut on its previous rate.
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