Overview
Bridging loans provide temporary financing when you're caught between selling your current home and purchasing a new one. These short-term loans literally "bridge the gap" between transactions, preventing you from having to sell before buying or vice versa.
While they typically come with higher interest rates, bridging loans offer flexibility during what could otherwise be a stressful transition period. Most bridging facilities run for 6-12 months, giving you breathing room to sell your existing property without rushing or missing out on your dream home.
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