According to latest Bridging Trends data, contributors transacted £831 million of bridging loans in 2023, making it the highest recorded annual gross lending figure since Bridging Trends launched in 2015.  Key Points for 2023: Annual contributor gross lending up 16% in 2023 Interest rates rise to highest annual average since 2015 Preventing a chain break most popular use of a bridging loan in 2023 Annual demand for second-charge lending hits record low   A record breaking £831 million of bridging loans was transacted by Bridging Trends contributors in 2023, a 16% increase on the previous year (£716.2m). The year started … Continue reading Bridging loan transactions hit all-time high in 2023