Bridging lending has continued its record-breaking growth, with data from the Bridging & Development Lenders Association (BDLA) showing increases in applications, completions and loan book values in Q3 compared to the previous quarter.
The figures, compiled by auditors from data provided by members of the BDLA, show that bridging completions grew to a new record of £1.79bn in Q3 this year, representing a 2.6% increase on the second quarter.
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