Get in touch to explore if bridging finance is right for you.
Bridging finance is a short-term loan used to bridge the gap between the purchase of a new property and the sale of an existing one.
Bridging finance works by providing funds upfront to facilitate the purchase of a new property, with the loan being repaid upon the sale of the existing property.
The timeframe for obtaining bridging finance varies depending on factors such as the lender's processes, property valuation, and the complexity of the transaction.
Bridging finance typically lasts for a short period, ranging from a few weeks to a few months, until the sale of the existing property is finalised.
Qualification criteria typically include factors such as property equity, income stability, credit history, and repayment ability. Our team can assess your eligibility.