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Property Bridging Finance
When navigating the complexities of property transactions, timing is everything. Traditional financing options may not always provide the speed required to secure opportunities, making UK property bridging finance an invaluable solution. This blog explores what bridging finance is, how it works, and its advantages for property buyers and investors.
What is Property Bridging Finance?
Bridging finance is a short-term loan designed to "bridge the gap" between the purchase of a property and securing long-term financing or the sale of another property. It is commonly used when funds are needed quickly, such as for auction purchases or to prevent property chains from collapsing.
Bridging loans are typically secured against property assets and can be used for residential, commercial, or mixed-use properties.
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