<
p>Lancashire Mortgage Corporation ( LMC) chief Marc Goldberg has claimed that the bridging market is worth a colossal £4billion.
Marc claimed that the flexibility, speed and service of the bridging market is trumping high street lenders and he believes that things are only going to get better for bridging lenders.
He said: “Every week there is a new bridging loans lender.
“I know for us (LMC) that we’re 50% up on where we were last year.
“We’ve just had a report done by a company who say that they think that the bridging market is worth £4billion.
“Let’s face it: banks aren’t lending money. So ultimately, the speed, the flexibility and the service that all lenders in the bridging market [have] is what clients want.
“I think this is a fantastic opportunity and I think it’s only going to get bigger.”
Lancashire Mortgages Corporation chief Marc Goldberg has claimed that the bridging market is worth a colossal £4 billion.
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