Company Tag: West One Loans
Gross annual bridging lending hits £3.6bn
Gross annual bridging lending in the UK has risen to £3.6bn, according to the latest West One Bridging Index, up from £3.5bn at the end of 2015.
Omni boosts finance team with Candy and West One hires
Christian Candy-owned property lender Omni Capital has recruited a new Financial Director and a new Financial Controller to "bring further robustness" to the team.
Over Troubled Water: Bridging lending soars by 35% in a year
Gross bridging lending has shot up by over a third in a year, according to the latest stats from West One.
Annual bridging lending now exceeds £2.7bn, while the volume of loans is also up by 13%.
Loan Stars: West One hits £80m in Q1
Short term lender West One Loans has reported a pretty big start to the year.
Building Bridges: £50m in bridging loans issued per week as sector ‘rides to the rescue’
Nearly £50m-worth of bridging loans are being dished out each week as the sector posts annual growth of 24%, according to West One's Bridging Index.
UK’s bridging loan market triples in under four years
When provider West One started charting the scale of the UK's bridging loan market in 2011, gross annual lending of this type stood at a mere £0.8bn;
Bridging industry ‘sheds volatility’ as short term lending grows
The bridging loan industry is coming of age, overturning a pretty volatile infancy to grow at a fairly consistent 25%-ish rate since the middle of last year, claims West One Loans in its Bridging Index.