An increasing number of borrowers are using bridging finance to fund schemes that are more ambitious and more complex in both their scope and execution, says Gavin Diamond, CEO at Inspired Lending.

For example, redundant pubs are being turned into multi-unit residential buildings. Former bank branches are finding new life as serviced apartments. Mixed use redevelopments are emerging in locations where single function buildings once stood.

Key drivers are stronger yields, diversifying income streams and targeting high demand niches. But this comes with more complex planning, more unpredictable build costs and greater operational risk.

See the full blog here.