Is higher inflation already affecting bridging and development finance?

UK CPI inflation increased from 2.9% to 3.1% in August, a day before the Bank of England’s latest interest-rate decision. The increase was driven mainly by transport and motor fuels, while core inflation remained at 2.6%.

Bridging Loan Directory is examining whether changing rate expectations are already affecting specialist property finance.

• We would like to hear from bridging and development lenders, brokers, developers and property investors with recent first-hand experience.
• Have lender pricing, funding costs or borrower affordability assessments changed?
• Are higher mortgage rates making bridging refinance exits harder?
• Are development appraisals, exit values or required equity being reconsidered?
• Have borrowers brought forward, delayed or restructured a transaction?
• Does the fuel-led nature of the inflation increase affect how seriously you treat the headline figure?

Recent anonymised examples would be particularly useful. Please include the type and approximate size of the facility, the intended exit, what changed and the outcome or current position.

Responses of around 100–200 words as soon as possible today, please.