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Tag: Short-term Loans

  • Stephen Parr Leads Bridging Finance at Cambridge & Counties Bank

    Stephen Parr Leads Bridging Finance at Cambridge & Counties Bank

    Cambridge & Counties Bank has announced the promotion of Stephen Parr to the position of head of bridging finance. This strategic move aims to enhance the bank’s offerings in the bridging finance sector, which is important for property investors and landlords seeking quick access to funds.

    TL;DR: Stephen Parr has been appointed head of bridging finance at Cambridge & Counties Bank; clients can now access up to £5 million for various property types with terms of up to 24 months.

    Who is Stephen Parr?

    Stephen Parr has been with Cambridge & Counties Bank since 2020, starting as a relationship manager before advancing to senior business development manager in January 2024. His extensive experience in the banking sector positions him well to lead the bridging finance division, where he will focus on expanding the bank’s lending capabilities.

    What is Bridging Finance?

    Bridging finance is a short-term loan solution that allows property buyers and investors to secure funding quickly, typically for a period of up to 24 months. This type of finance is particularly useful for those looking to purchase commercial, residential, or mixed-use properties, as it provides immediate liquidity to seize opportunities that may otherwise be missed. Cambridge & Counties Bank offers up to £5 million per property, making it a viable option for larger investments.

    What This Means for Borrowers and Investors

    The appointment of Parr as head of bridging finance signals a commitment by Cambridge & Counties Bank to strengthen its position in the bridging market. For landlords and property investors, this means improved access to significant funding options, which can facilitate quicker transactions and potentially enhance investment opportunities. As the bridging finance sector continues to evolve, borrowers should keep an eye on how these changes impact lending criteria and service offerings.

    Frequently Asked Questions

    What types of properties can I finance with bridging loans?

    Bridging loans can be used for commercial, residential, and mixed-use properties, allowing for a wide range of investment opportunities.

    How long can I borrow bridging finance for?

    Bridging finance is typically available for a maximum term of 24 months, providing flexibility for short-term funding needs.

  • Cambridge & Counties Bank Appoints New Head of Bridging Finance

    Cambridge & Counties Bank Appoints New Head of Bridging Finance

    Cambridge & Counties Bank has announced the promotion of Stephen Parr to the position of head of bridging finance, a move that underscores the bank’s commitment to enhancing its bridging finance offerings. Parr, who joined the bank in 2020, will be supported by Andrea Calverley, a senior lending officer who joined the team in March 2026. This leadership change is significant for borrowers and investors seeking flexible financing solutions in the current property market.

    TL;DR: Stephen Parr has been promoted to head of bridging finance at Cambridge & Counties Bank; this leadership change aims to strengthen support for clients accessing up to £5 million for property financing.

    Who is Stephen Parr?

    Stephen Parr has been with Cambridge & Counties Bank since 2020, initially serving as a relationship manager before advancing to senior business development manager in January 2024. His extensive experience in the banking sector positions him well to lead the bridging finance division, which is important for clients needing quick access to funds for property purchases.

    What is Bridging Finance?

    Bridging finance is a short-term loan option designed to bridge the gap between the purchase of a new property and the sale of an existing one. It is particularly useful for landlords, investors, and property developers who require immediate funding for commercial, residential, or mixed-use assets. At Cambridge & Counties Bank, clients can secure loans of up to £5 million for terms of up to 24 months, making it a flexible choice for those in need of quick capital.

    What this means for borrowers and investors

    The appointment of Parr as head of bridging finance signals a renewed focus on customer service and product development at Cambridge & Counties Bank. Borrowers and investors can expect enhanced support and potentially more tailored financing solutions as the bank seeks to expand its bridging finance portfolio. This change is particularly relevant for those looking to capitalise on property opportunities in a dynamic market.

    Frequently asked questions

    What types of properties can be financed through bridging loans?

    Bridging loans can be used for commercial, residential, or mixed-use properties, allowing flexibility for various investment strategies.

    How long can I take out a bridging loan for?

    Bridging loans at Cambridge & Counties Bank are available for a maximum term of 24 months, providing short-term financing solutions.

  • Stephen Parr Appointed Head of Bridging Finance

    Stephen Parr Appointed Head of Bridging Finance

    Cambridge & Counties Bank has announced the promotion of Stephen Parr to head of bridging finance, a role that is expected to enhance the bank’s offerings in this sector. Parr, who has been with the bank since 2020, will lead a team that aims to provide clients with access to significant funding for various property types.

    TL;DR: Stephen Parr has been promoted to head of bridging finance at Cambridge & Counties Bank; this change is significant for borrowers seeking funding up to £5 million for property investments.

    Who is Stephen Parr?

    Stephen Parr has been a part of Cambridge & Counties Bank since 2020, initially serving as a relationship manager before advancing to senior business development manager in January 2024. His extensive experience in the bank positions him well to lead the bridging finance division, where he will focus on streamlining processes and enhancing client relationships.

    What is Bridging Finance?

    Bridging finance is a short-term loan option that enables borrowers to access funds quickly, typically for property purchases or renovations. At Cambridge & Counties Bank, clients can secure loans of up to £5 million for commercial, residential, or mixed-use properties, with terms lasting a maximum of 24 months. This flexibility makes bridging finance an appealing choice for landlords, investors, and property developers looking to seize opportunities in the market.

    What This Means for Borrowers and Investors

    With Parr at the helm, borrowers and investors can expect a more focused approach to bridging finance at Cambridge & Counties Bank. This could lead to quicker decision-making and a more tailored service, which is essential in a fast-paced property market. Investors looking to finance property acquisitions or renovations may find this a beneficial time to engage with the bank’s offerings.

    Frequently Asked Questions

    What types of properties can I finance with bridging loans?

    You can finance commercial, residential, or mixed-use properties with bridging loans from Cambridge & Counties Bank.

    How much can I borrow with bridging finance?

    Borrowers can access up to £5 million per property through bridging finance at Cambridge & Counties Bank.

  • Stephen Parr Leads Bridging Finance at Cambridge & Counties Bank

    Stephen Parr Leads Bridging Finance at Cambridge & Counties Bank

    Cambridge & Counties Bank has appointed Stephen Parr as the head of bridging finance, a significant move that could enhance the bank’s offerings in this sector. Parr, who has been with the bank since 2020, will be supported by Andrea Calverley, a senior lending officer who joined in March 2026. This leadership change is poised to strengthen the bank’s position in the bridging finance market, which is important for borrowers needing quick access to funds.

    TL;DR: Stephen Parr has been promoted to head of bridging finance at Cambridge & Counties Bank; this leadership change aims to improve service for clients seeking loans up to £5 million.

    Who is Stephen Parr?

    Stephen Parr has been with Cambridge & Counties Bank since 2020, starting as a relationship manager before advancing to senior business development manager in January 2024. His extensive experience in the banking sector positions him well to lead the bridging finance division, which caters to clients needing rapid funding solutions.

    What is Bridging Finance?

    Bridging finance is a short-term loan designed to bridge the gap between the purchase of a new property and the sale of an existing one, or to fund property renovations. At Cambridge & Counties Bank, borrowers can access loans of up to £5 million for commercial, residential, or mixed-use assets, with terms extending up to 24 months. This type of finance is particularly beneficial for landlords and property investors looking for quick funding solutions.

    What This Means for Borrowers and Investors

    The appointment of Parr could enhance the bank’s bridging finance offerings, making it more accessible for landlords and property investors who require quick turnaround times. With the ability to secure significant funding amounts, borrowers may find more flexible options for property purchases or renovations. Investors should keep an eye on how this leadership change impacts service delivery and loan processing times at Cambridge & Counties Bank.

    Frequently Asked Questions

    What types of properties can I finance with bridging loans?

    You can finance commercial, residential, or mixed-use properties with bridging loans from Cambridge & Counties Bank.

    How long can I take out a bridging loan for?

    Bridging loans at Cambridge & Counties Bank can be taken out for a maximum term of 24 months.

  • Stephen Parr Leads Bridging Finance at Cambridge & Counties Bank

    Stephen Parr Leads Bridging Finance at Cambridge & Counties Bank

    Cambridge & Counties Bank has appointed Stephen Parr as the new head of bridging finance, a move that underscores the bank’s commitment to expanding its lending capabilities in this sector. Parr, who has been with the bank since 2020, will work alongside Andrea Calverley, a senior lending officer who joined the team in March 2026. This leadership change is significant for landlords and investors seeking flexible financing options.

    TL;DR: Stephen Parr is now head of bridging finance at Cambridge & Counties Bank; he will oversee loans of up to £5 million for various property types, impacting borrowers and investors seeking quick funding solutions.

    Who is Stephen Parr?

    Stephen Parr has been a key player at Cambridge & Counties Bank since 2020, initially serving as a relationship manager and later as a senior business development manager. His promotion to head of bridging finance reflects his extensive experience and understanding of the lending market, which is important for navigating the complexities of bridging loans.

    What is Bridging Finance?

    Bridging finance is a short-term loan option designed to provide quick funding for property purchases. Cambridge & Counties Bank offers loans up to £5 million for commercial, residential, or mixed-use assets, with terms extending up to 24 months. This type of financing is particularly appealing for landlords and property investors looking to secure properties quickly without the lengthy processes associated with traditional mortgages.

    What This Means for Borrowers and Investors

    The appointment of Parr signals a robust approach to bridging finance, potentially enhancing the bank’s offerings for those in need of swift capital. Landlords and investors can expect more tailored solutions that address their urgent financial needs, particularly in a market where speed can be critical for securing property deals. With the backing of a dedicated team, borrowers may find improved service and more flexible terms.

    Frequently Asked Questions

    What types of properties can I finance with bridging loans?

    You can finance commercial, residential, or mixed-use properties with bridging loans from Cambridge & Counties Bank.

    How long can I take out a bridging loan for?

    Bridging loans at Cambridge & Counties Bank can be taken out for a maximum term of 24 months.

  • Stephen Parr Takes Charge of Bridging Finance at CCB

    Stephen Parr Takes Charge of Bridging Finance at CCB

    Cambridge & Counties Bank has announced the promotion of Stephen Parr to the position of head of bridging finance. This strategic move is significant as it positions the bank to enhance its bridging finance offerings, which are important for landlords and investors seeking quick access to capital for property transactions.

    TL;DR: Stephen Parr has been appointed head of bridging finance at Cambridge & Counties Bank; this role is vital for clients needing rapid funding solutions for property investments.

    Who is Stephen Parr?

    Stephen Parr has been with Cambridge & Counties Bank since 2020, initially serving as a relationship manager. His expertise grew as he transitioned to a senior business development manager role in January 2024. With a solid background in finance and a focus on client relationships, Parr is well-equipped to lead the bank’s bridging finance division.

    What is Bridging Finance?

    Bridging finance is a short-term loan option that allows borrowers to secure funding quickly, typically for property purchases or renovations. At Cambridge & Counties Bank, clients can access up to £5 million per property for commercial, residential, or mixed-use assets, with loan terms extending up to 24 months. This flexibility makes bridging finance an attractive option for landlords and property investors looking to capitalise on immediate opportunities.

    What This Means for Borrowers and Investors

    The appointment of Parr is expected to enhance the bank’s bridging finance services, making it easier for borrowers to secure the necessary funds for their property ventures. This change is particularly relevant for landlords and investors who often require swift financing solutions to seize market opportunities. With Andrea Calverley supporting Parr as a senior lending officer, clients can anticipate improved service and expertise in navigating their bridging finance needs.

    Frequently Asked Questions

    What types of properties can I finance with bridging loans?

    Bridging loans can be used for various property types, including commercial, residential, and mixed-use assets, allowing for diverse investment opportunities.

    How long can I take a bridging loan for?

    Bridging loans at Cambridge & Counties Bank can be taken for a maximum term of 24 months, providing flexibility for short-term financing needs.

  • Bridging Finance: Investment Property Purchases Surge

    Bridging Finance: Investment Property Purchases Surge

    The latest data reveals that purchasing investment properties is the leading reason for taking out bridging finance, accounting for 22% of all transactions. This stability in the market indicates that property investors are increasingly turning to bridging loans as a quick financing solution, particularly in light of ongoing economic uncertainties.

    TL;DR: Investment property purchases make up 22% of bridging finance transactions; this trend shows a steady demand for quick financing options among investors.

    What is Bridging Finance?

    Bridging finance is a short-term loan typically used to bridge the gap between the purchase of a new property and the sale of an existing one. It is particularly popular among property investors and landlords who need quick access to capital for investment opportunities. The recent Bridging Trends report from MT Finance highlights the growing reliance on bridging loans, especially for investment purposes.

    What Do the Latest Bridging Trends Show?

    The Bridging Trends report indicates that the share of unregulated bridging loans has risen from 56% in the last quarter of 2025 to 59% in the first quarter of 2026. This marks the highest level since late 2021. Additionally, first charge loans have increased from 89% to 91% of total bridging loans, reflecting a trend towards more secure lending practices. The total amount transacted in bridging loans was £199.2 million, slightly down from £199.9 million in the previous quarter, indicating a stable market.

    What This Means for Investors and Landlords

    For investors and landlords, the continued popularity of bridging finance suggests a robust market for property investment, despite economic uncertainties. The increase in the proportion of bridging loans used for unregulated finance—rising from 5% to 11%—indicates that borrowers may be waiting for more favourable long-term rates before switching from bridging loans. The average loan-to-value (LTV) ratio has decreased from 56% to 52%, suggesting that lenders are becoming more cautious, which may impact how much investors can borrow.

    How Are Borrowers Responding to Market Changes?

    Borrowers appear to be prioritising speed and security in their financing decisions. The average completion time for bridging loans has slightly increased to 53 days, which may reflect a more thorough vetting process by lenders. As the market evolves, it’s essential for borrowers to stay informed about the changing dynamics of bridging finance, especially as investor confidence remains strong.

    Frequently Asked Questions

    What are the benefits of bridging finance for property investors?

    Bridging finance offers quick access to funds, allowing property investors to seize opportunities without lengthy delays. It is particularly useful for purchasing properties at auction or for refurbishing properties before resale.

    How does the average LTV impact borrowing potential?

    A lower average loan-to-value (LTV) ratio means that lenders are becoming more cautious, which could limit the amount investors can borrow. This trend encourages borrowers to be more conservative in their borrowing to avoid overextending themselves financially.