Bridging Loans, UK
“Bridging loans are perfect for those who are looking to move house quickly and don’t have time to wait for a traditional mortgage.”
Finding Bridging Loans
Bridging loans are an unsecured loan which are used to cover the gap between the selling of a property and the purchase of another property.
Our guides can help you to find a bridging loan provider quickly and with little hassle. We update our guides weekly so check back often.
Why Bridging Loans?
Bridging loans are the best option for property purchases that need to be completed quickly as they can be arranged within hours in some cases.
Featured Bridging Loan Content
How Bridging Loans Work…..
Its a simple type of loan….
As the name suggests, a bridging loan is a short-term loan designed to bridge the gap between home sales and buying a new home.
It’s a popular choice among buyers who are unable to secure a longer-term mortgage loan from their bank, either because they’re a first time buyer, or because they’ve experienced financial difficulties in the past.
Bridging loans can be taken out for a period as short as six months, but are often taken out for a year or more to give buyers enough time to sell their property and move into their new home.
Who are Bridging Loans For?
If you’re a homeowner with a substantial mortgage, chances are you’ve considered selling up and moving to somewhere more affordable.
But what if you can’t sell your home? Or what if you don’t have enough equity to cover the costs of moving house?
That’s where a bridging loan might help you. Bridging loans are ideal for homeowners with limited equity who need to move quickly but don’t have enough cash for a deposit on their new home.