A Datamonitor Report timely UK Bridging Loans 2006 Publication Date: Nov-06 Product Code: Reacting to the latest news breaking in your industry focused primary research Bridging loans are short-term secured loans, which are used under specific circumstances. Despite being part of the UK mortgage market, bridging finance is the 'unknown relative' of the sector. This report provides an overview of the bridging loan sector in the UK, covering market sizing, issues, competitive trends and includes a 5-year forecast in terms of gross advances Unique survey data and interview results thought-provoking For details of all Datamonitor reports, go to: www.datamonitor.com/financial Fresh opinions and out-of-the-box thinking
timely Reacting to the latest news breaking in your industry Scope and coverage Short overview of the bridging Loans sector in the UK focusing on the residential market Market sizing data relates to bridging finance for both residential and commercial properties Provides a 5-year forecasts in terms of gross advances Key findings and highlights Information about the size of the bridging loan sector is limited but one thing that is clear is that the sector is small. Estimates from the consultancy CIL put the size of the bridging loan market at 1.2 billion in terms of balances. The bridging loan industry has often been associated with a poor image. Indeed, the sector has received numerous criticisms in the past with regards to the prevailing high interest rates and the way some lenders operate. Undoubtedly, prices play an important role in the bridging loan market for differentiating one's products. However, how fast the bridging loan can be disbursed to the borrower is of utmost importance, given the circumstances under which a bridging loan is the suitable method of funding. Reasons to purchase Gain insight into the bridging finance sector in the UK Draw on Datamonitor's five-year scenario-based forecast to plan your future strategy with confidence Contact us...
focused Table of contents INTRODUCTION Scope of the report Who is the target reader? How to use this report THE BRIDGING LOAN MARKET IN CONTEXT Introduction A bridging loan is a type of mortgage - Bridging finance is a short-term funding method - A bridging loan carries a number of characteristics - Bridging finance can be used in a number of situations The bridging loan market is small - Bridging finance is estimated to account for 1.2 billion in balances outstanding and 2.5 billion in gross advances - Despite reportedly seeing significant growth, the market remains constrained by a number of factors Gross advances in the bridging loan sector will reach 5.6 billion in 2010 - The bridging loan sector will account for 1.7 per cent of total residential mortgage gross advances in 2010 TABLES Table 1: Table 2: Table 3: Examples of interest rates offered by a sample of specialist bridging loan lenders, July 2006 Forecast gross advances for bridging loans, 2005, 2006f-2010f Only a handful of major mainstream lenders offer bridging loans, July 2006 FIGURES Figure 1: Examples of transactions where bridging loans have been involved, July 2006 Figure 2: Cheval Property Finance's own code of conduct, July 2006 Figure 3: The bridging loan sector will double its market share of residential mortgage gross advances by 2010, 2006-2010f Figure 4: Specialist lenders control 65 per cent of the bridging finance sector Figure 5: Lenders' case studies focuses on how fast they can complete the bridging loan transaction, July 2006 Figure 6: The UK Mortgage Market Map 2006 covers a wide range of mortgage sectors Figure 7: Taxonomy of UK Mortgage Market Map 2006 Figure 8: Datamonitor's core consulting capabilities COMPETITIVE DYNAMICS Introduction Specialist lenders are the dominant players in bridging finance - Specialist lenders account for 65 per cent of new business - Few major high street lenders operate in the bridging loan industry Lenders differentiate their products based on rapidity - Many specialist lenders provide case studies to illustrate their rapid service - Providing a fast service to intermediaries also plays an important part in lenders' strategies APPENDIX Contact us...
thought-provoking Datamonitor: Your total information solution Fresh opinions and out-of-the-box thinking Datamonitor is a premium business information company helping 5,000 of the world's leading companies across the Automotive, Consumer Markets, Energy, Financial Services, Healthcare and Technology sectors. Our products and services are specifically designed to support our clients key business processes from corporate strategy to competitive intelligence. We provide an independent and trustworthy source of data, analysis and forecasts to improve these processes and ultimately, to help grow your business. Corporate Strategy & Business Planning Product Development & Commercialization Targeting & Influencing the Market Market & Competitive Intelligence Quality Data Expert Analysis Future Forecasts Make more effective strategic and business decisions Accelerate delivery of commercial success Assess and influence your commercial and market environment Maintain or obtain critical competitive advantage HELPING TO GROW YOUR BUSINESS No-one speaks louder than our clients Abbey ABN AMRO AIB Bank AIG Alliance & Leicester American Express AXA Bank of Ireland Barclays BNP Paribas Bradford & -Bingley BUPA Capital One Citibank Commerzbank Co-operative Group Crédit Agricole Crédit Lyonnais Credit Suisse Deutsche Bank Dresdner Bank Fortis Friends Provident Gartmore GE Group Halifax Plc HBOS HFC HSBC ING Intelligent Finance Invesco JP Morgan Legal & General Lloyd s of London Lloyds TSB Marsh MBNA Merrill Lynch National Australia Group Nationwide Building Society NFU Mutual NM Rothschild Nordea Asset Management Prudential Rabobank Royal & SunAlliance Royal Bank of Scotland Scottish Widows Skandia International Société Générale Standard Life Group UBS VISA Western Union Zurich Group 89% of our clients use Datamonitor research to develop competitive intelligence Source: Datamonitor Customer Research
primary research Place your order now... Fax back to +44 20 7675 7016 (from Europe) or +1 646 365 3362 (from the US) or +61 2 8705 6901 (from Asia Pacific) I would like to order: Product title Product code Price / s / $ / * * Please refer to our website www.datamonitor.com for up-to-date prices Complete your details: Name Job Title Department Company Address State/Province Post Code/ZIP Country Email Tel Fax Sign below to confirm your order: Complete payment details: Please indicate your preferred currency option: UK US$ Euro Yen I enclose a check payable to Datamonitor plc for $ (+ postage $30 UK/$60 rest of world) Please invoice my company for /$/ Please debit my credit/charge card / (+ postage $30 UK/$60 rest of world) Amex Visa Diners Mastercard Card No Expiry Date / Cardholder Signature Cardholder address Please supply purchase order number here if required by your accounts department: EU companies (except UK) must supply: VAT / BTW / MOMS / MWST / IVA / FPA number: Datamonitor products and services are supplied under Datamonitor s standard terms and conditions, copies of which are available on request. Payment must be received within 28 days of receipt of invoice. I do not want to receive future mailings from Datamonitor and its related companies. Occasionally, our client list is made available to other companies for carefully selected mailings. Please check here if you do not wish to receive such mailings. WEB Contact us to find out more about our products and services