Property Bridging Finance
Property bridging finance or Property bridging loans are a short-term finance option that are usually fast to obtain and can be used for a wide range of purchases and development projects. They are often used to purchase the next property without needing to wait for the sale of an existing one to complete. Allowing you to capitalise on opportunities that could have potentially been lost to other buyers.
It can also be used to buy land for development and cover the costs between purchasing and building on the land. Alternatively, it can be utilised for renovations and purchasing a property at auction.