The Rising Costs of Mortgages | The Incredible Story
The rising costs of mortgages The Bank of England (BoE) has implemented a 0.25% increase in interest rates to 5.25% during today’s monetary policy committee (MPC) meeting. This move will mark the 14th consecutive interest rate hike and will set a new record high since the global financial crisis of 2007/08. The market and […]
About Bridging Loans | A Temporary Financial Solution
Understanding Bridging Loans A bridging loan serves as a short-term financial aid designed specifically to ‘bridge the gap’ during periods when you are transitioning between major financial transactions. This typically arises when you wish to purchase an asset but are awaiting funds from the sale of another. Its utility is particularly evident in real […]