A series of high-profile failures in the UK’s bridging loan market is raising fresh concerns among US private credit investors, as losses, alleged fraud and weak underwriting practices ripple through one of the more aggressive corners of property-backed lending, according to a report by the Financial Times.
The UK bridging sector – estimated at more than £10bn – has become increasingly reliant on capital from US private credit firms in recent years, as global alternative asset managers sought hi...
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