How a £500K Bridging Loan Became a £97K Problem — and What Saved the Developer

https://www.iredellfreenews.com/lifestyles/2026/how-much-does-a-bridging-loan-cost-in-the-uk/

How a £500K Bridging Loan Became a £97K Problem In spring 2024 Ashfield Developments had a near-finished conversion project: a Victorian terrace purchased for £850,000 that was being split into four flats. Sale chains collapsed