1 minute read
The 2023 UK Bridging Market Survey
Bridging & Commercial has collaborated with EY to exclusively reveal its sixth annual UK Bridging Finance Market Survey, providing the latest market trends and challenges the industry faces. With the country grappling with the cost of living crisis and the rising interest rate environment, this report aims to provide the financial services industry with a deeper insight into the current bridging landscape and where it is heading
Words by BETH FISHER
Illustration by VALF
Who took part?
The survey had 43 participants— 39 lenders and four brokers The majority (49%) are based in London , while 28% are in the South , 14% in the North , 5% in the Midlands , 2% in Scotland and 2% in Guernsey
Most of the businesses surveyed (28%) currently employ between one and 10 people , with 21% boasting a team of over 50 staff members.