Bridging Lending in the UK Hit New Record of £10.3 Billion

Bridging lending in the UK hit new record of £10.3 billion

Bridging lending in the UK has reached an all-time high. By the end of 2024, the total value of outstanding bridging loans hit £10.3 billion, according to new data from MSCI Real Assets.

Redwood Bank’s new lending nearly doubles YOY to £136m in 2024

Specialist lender Redwood Bank’s new lending for 2024 came to £136m, which is up from £75m in 2023, its annual report says.

Redwood Bank announces a near doubling of growth in new lending

Warrington-based specialist business bank Redwood has announced new lending growth of nearly double and continued profitability in 2024. Award-winning Redwood Bank, which has supported SMEs and landlords with more than £760 million of mortgage lending since it launched, made the announcement in its newly published 2024 Annual Report and Accounts which reported new lending of £136 million, almost doubling the 2023 performance of £75 million. The …