£28m London bridging loan deal hits 100% interest cover
Original Article Summary
<p>London bridging finance reaches a turning point as rental income covers loan interest for the first time in a decade.</p>
PropMatch Curated Analysis
A £28m Camden apartment block deal achieved 100% interest coverage for the first time in over a decade, signaling improved London investment returns. Rising rents and softer prices are creating new opportunities for property investors using bridging finance and repositioning strategies.
Investor Relevance
Demonstrates that London residential investment is becoming viable again after years of compressed yields. Shows how repositioning strategies (co-living conversion) and bridging finance can unlock value. Provides benchmarks for yield expectations and refinancing strategies in current market conditions.
Original Source:
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