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Bridging finance was in the past seen as the option to choose when there was no other way forward.
However, the property industry has changed dramatically in the past 5 years and as a result Bridging is now part of the main stream finance facilities with new lenders entering the market.
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Roll back the clock to pre credit crunch time and developers were generally financed through their banks. Due to a dearth of readily available finance from this traditional source, a number of new lenders entered the market.
With the number and variety of existing and new lenders