Dragonfly Passes £100m of Redemptions Since Launch

More evidence that the bridging sector continues to boom, as Dragonfly Property Finance, today announced it has passed £100m of redemptions since it launched in late 2009.


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Thursday 13th October 2011

Dragonfly Passes £100m of Redemptions Since Launch

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£24m were in the third quarter of 2011 alone.

Mark Posniak, Head of Marketing & Operations, Dragonfly Property Finance, commented:

"The bridging market has gone from strength to strength over the past two years and the fact we have hit £100m of redemptions, with a sharp spike in Q3, reflects this.

"With liquidity for buy to let and non-conventional loans still in very short supply, we expect continued growth for the sector during the rest of the year and throughout 2012.”

Author:
Millie Dyson Online Editor Online Editor
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