What is Bridging Loans?
Bridging Loans also known as caveat loan, are a type of short term loans which are offered at a very high interest rates. They are known bridging loan because of their interim financing characteristics, where they are obtained until the completion of a longer duration of financing arrangement. This loans are quick to process. Bridging loans although because of their very high interest rates may be backtracked in growth. Another factor limiting its growth is its less or no presence in places outside United Kingdom. Which makes United Kingdom the dominant most market of the bridging loans.
The market study is broken down by Type (Closed Bridging Loan, Open Bridging Loan, First Charge Bridging Loan and Second Charge Bridging Loan), by Application (Real Estate, Medical Expenses, Educational Expenses, Home Restoration, Debt Consolidation and Others) and major geographies with country level break-up.
Growing demand for short term financing solutions has led to the increase in popularity of the bridging loans. Especially the clients pursuing real estate financing options in short term are driving the growth of the bridging loans market. United Kingdom remains the dominant most market of the bridging loans. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
HSBC (China), NatWest (United Kingdom), Barclays Plc (United Kingdom), TSB Bank Plc (United Kingdom), HDFC Bank Ltd. (India), The Co-operative Bank Plc (United Kingdom), Banco Santander, S.A. (Spain), Royal Bank of Scotland (United Kingdom), Nationwide Building Society (United Kingdom) and The Cumberland (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Lloyds Bank Plc (United Kingdom), Clydesdale Bank Plc (United Kingdom) and Leeds Building Society (United Kingdom).
AdvanceMarketAnalytics has segmented the market of Global Bridging Loans market by Type, Application and Region.
On the basis of geography, the market of Bridging Loans has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Source Providers, the sub-segment i.e. Banks will boost the Bridging Loans market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2018, Dilosk DAC, which is a parent company of Ireland based ICS Mortgages has announced acquisition of residential mortgages portfolio worth Euro 182 million from Leeds Building Society. This is beneficial for the both the firms as the Leeds building society is set to exit Irish market next year, and the acquisition of the Leadís residential mortgages portfolio will strengthen the Diloskís market standings.
- Closed Bridging Loan Account for Largest Market Share
- Growing Demand for Fast Processed Loans
- High Popularity of Short-Term Loans
- Real Estate Financing May Present Big Opportunities
- Less or No Availability of this Loans outside United Kingdom
- High Interest Rates on this Loans act as a Restraining Factor for its Growth
Key Target AudienceBridging Loans Providers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Analysts and Strategic Business Planners, Government Regulatory and Research Organizations and End-Use Industries
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as HSBC (China), NatWest (United Kingdom), Barclays Plc (United Kingdom), TSB Bank Plc (United Kingdom), HDFC Bank Ltd. (India), The Co-operative Bank Plc (United Kingdom), Banco Santander, S.A. (Spain), Royal Bank of Scotland (United Kingdom), Nationwide Building Society (United Kingdom) and The Cumberland (United Kingdom) etc.
2. Can we have customized study for Bridging Loans Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Bridging Loans Market by 2026?
Analysts at AMA estimates Bridging Loans Market to reach USD Million by 2026.