Martyn Smith, CEO of Black & White Bridging, said:
“Rising inflation, on the heels of political uncertainty and shaken market confidence, sends another strong signal that we’re not out of the woods yet. With gilt yields already spiking following the Chancellor’s emotional Commons appearance and the government’s welfare U-turn, today’s figures could further drive up borrowing costs. For bridging lenders, the key challenge now is managing funding lines that are becoming more expensive almost by the day, while still delivering quick, competitive solutions to borrowers. What this environment demands is experience, flexibility and rigorous risk control—traits we’ve built our business on at Black & White Bridging. But there’s no doubt that persistently high inflation is tightening the screws across the property finance chain.”