Richard Butler Creagh Shares Bridging Finance Market Trends

Welcome to the Richard Butler Creagh blog. Richard Butler Creagh has been in the bridging lending business for many years. The bridging finance market has been relatively stable in the past year. The majority of the security is where our first charge which suggests that the more borrowers preferred to have a speedy transaction when securing the investment securing the entire project what a bridging finance lender. Often this type of finance provided has a depth of experience when it comes to property developments and this is another aspect of the bridging finance which gives it a cooperative edge over their competitors in the mainstream market. Often borrowers who come to Henley Finance appreciate the expertise and the market knowledge the team offers just in case this is needed.

Generally, the market does unregulated Bridging Finance which essentially is for the purposes of so-called flips, buying-renovating-selling. However, there are other means in which this type of financing used and those are auction houses, general business purposes secured against property, refurbishment, refinancing of another bridging loan and interestingly mortgage delays. The ultimate aim of any investment is to get value added to the property or business proposal for the purpose of obtaining profit. However, in some unfortunate scenarios where the mainstream lender does not live up to the expectations and delay any refinancing, the bridging finance comes to help. With the changes in law and more enhanced due diligence checks often there is more red-tape than expected which causes delays.

Perhaps the most interesting aspect of market trends was the average completion for a bridging finance application was just over a month. This is significantly lower than an average application for a bank which can take several months. This no doubt creates an excessive market for bridging finance. Henley Finance in an even smaller niche, where are often able to do valuation within 24h and a drawdown shortly after. This unique approach which is personalized manner enables us to be the market leader.

With the uncertain Brexit times and more changes happening the UK government one might think that bridging finance market will suffer yet it is quite the opposite. With the increasing uncertainty, the Banks are more difficult to finance with and therefore the bridging finance takes over the market share of financing business where time is important but not urgent. Often entrepreneurs will make a decision to go with more expensive financing which will be available quicker because of opportunity cost and cost associated with lack of funding etc.

Find out more about Henley Finance on the Richard Butler Creagh website here. Like the Richard Butler Creagh facebook page here for his latest news and updates in bridging finance.

Richard Butler Creagh on Brexit house prices.

Welcome to the Richard Butler Creagh blog. Richard Butler Creagh has been in the bridging lending business for many years. Much has been written about the impact of the UK’s housing market that leaving the EU without a deal could send house prices tumbling by a third. Some regions have boomed, while foreign investors continue to keep faith in the UK.  In today’s blog, we bring you the insider’s guide to what experts from the estate agents think will happen over the coming months.

Richard Butler Creagh shares the potential in the UK housing market

Welcome to the Richard Butler Creagh blog. With the Government preoccupied with the progressing Brexit dialogs with the European Union, the housing deficiency in the UK is turning into a more concerning issue. It is an immediate result of the chronic shortage of good quality housing being conveyed to take care of the developing demand and shifting demographics in the UK. The government’s government’s continued inaction on the housing issue has prompted the huge rise in house costs and leases in leading to the departure of youthful families and professionals from the capital to the regions.


Changing transport links have had a big impact on the housing landscape. 

Richard Butler Creagh Shares Tips About The UK Property Market

Welcome to the Richard Butler Creagh blog. Theresa May has triggered Article 50, taking Britain back from European control and starting the Brexit process, which was chosen by the British people in a referendum. However, many in the property market are uncertain over what this means and what effect this will have. It is clear that London, as a city is booming, and so is the rest of the UK. Business is better than ever, and so many are hopeful of a positive outcome for our country.



In a recent poll, 43% of people in London think UK house prices will rise once the country leaves the EU (YouGov research, commissioned by Equifax). No one really knows for sure, but here are some predictions of what may happen in the wake of Brexit.

The property market will become more stable

As Brexit continues, the property market will become more stable, encouraging people to carry on with their lives. Years of low transactions are almost always followed by years of increased activity. With confidence returning, sellers are already demanding higher prices.

Number of house sales will rise across the UK

The triggering of Article 50 should come as a sigh of relief to the residential property market, as the Government finally provides certainty that its plan for leaving the EU cannot be derailed. The UK property market is heavily reliant on confidence – something evident through transaction levels that have been suffering since the Brexit vote, especially in London where, according to our latest data, house sales are still down 20% compared to last year.

Interest rates won't rise

It may well make the Bank of England reluctant to increase interest rates, despite the recent increase in inflation. This will preserve affordability and points to a low turnover market, with little upward or downward pressure on prices. The London market remains impervious and, with such a shortage of stock, the overwhelming level of housing demand will plug any gaps of depleted buyer interest from further afield. The demand for new properties in London is thought to outwiegh the uncertainty of brexit.

Londoners are likely to be the most cautious

Caution is likely to be greatest in London, given the extent to which house prices have risen relative to earnings in the capital in the past 10 years. It means home buying represents a bigger financial commitment relative to the rest of the country against a backdrop of uncertainty.

Whatever the future holds for the property market, taking advantage of opportunities has clearly never been more important. Bridging finance provide this support for businesses and developers when they need it most, and at the speed they need to get the deal. If you are considering purchasing property then speak to a finance expert beforehand to assess all your options. Contact Richard Butler-Creagh on the Henley Finance website. Connect with Richard Butler Creagh on Crunchase here and join the Richard Butler Creagh professional network on Linked.

Watch this video about Henley Finance and what they can offer you: