Mortgage brokers are currently writing 28 per cent more bridging loans than a year ago, according to research carried out by West One Bridging.
And with the buy-to-let market growing, coupled with the appeal that such loans have to landlords, lenders expect to be granting a further 27 per cent more in a year's time.
Bridging business represents a good deal for brokers who remain cautious about awarding traditional mortgages given the existing conditions in the market, meaning investors can take advantage of their availability.
Indeed, 67 per cent of lenders expect current rates on the loans to either stay at their present levels or even fall in the next six months, leading 83 per cent of them to express the belief that now is a good time for landlords to increase the size of their property portfolios.
Should investors act promptly to secure the short term finance offered by bridging packages, protecting any property purchases will prove important to ensuring that they are able to honour their commitments to brokers.
As such, insurance for landlords may become more popular as a means to safeguard against any unexpected damage that their assets might sustain.
The demand for tenancies is only expected to carry on increasing given the daunting prospect of the property ladder and the end of the stamp duty holiday, making property holdings ever more valuable to their owners.
The growing appeal of bridging loans themselves could be down to the way in which they are designed to provide funds for quick transactions, making them a particularly useful resource for investors that need a short term boost to their finances.
Considering that the research found buy-to-let lending accounted for 33 per cent of all bridging business in the past year, there is a clear link between the benefits that such policies offer and their appeal to landlords - a connection that also explains why so many brokers expect their popularity to increase.