From purely a regulatory point of view, bridging loans fall into either of two categories, either they are regulated or unregulated loans, and therefore defined under the umbrella of either regulated mortgage contracts or unregulated mortgage contracts.If they are unregulated, a lender that is itself regulated can provide an unregulated bridging loan in addition…
Banking Expert Witness
From purely a regulatory point of view, bridging loans fall into either of two categories, either they are regulated or unregulated loans, and therefore defined under the umbrella of either regulated mortgage contracts or unregulated mortgage contracts.If they are unregulated, a lender that is itself regulated can provide an unregulated bridging loan in addition…
From purely a regulatory point of view, bridging loans fall into either of two categories, either they are regulated or unregulated loans, and therefore defined under the umbrella of either regulated mortgage contracts or unregulated mortgage contracts.If they are unregulated, a lender that is itself regulated can provide an unregulated bridging loan in addition…
Bridging loans are, by their very nature an expensive form of borrowing. This is due to the nature of the risk, and the short tenor of bridging loans. Lenders need to make enough of an interest return to compensate them for the risk, and as most bridging loans are for durations of up to 12…
There is a reason why consumers in the UK don’t trust the banks and it is because, time and time again, banks have been guilty of putting their own greed before that which is fair and reasonable.Fair and reasonable are words used by the Financial Conduct Authority (FCA), by the way. The word ‘Conduct’…
For some time now I have been helping borrowers that took bridging loans and ended up with problems as a result. While in theory bridging loans are fairly simple in their construction, there is plenty of opportunity for them to go wrong. Some are regulated, others are not, some aspects can become part of "Unfair…