Bridging Loans

Bridging loans are short term loans. Bridging loans are often used by purchasers of a property who need funds for a limited period of time. e.g. until they sell their existing home.

Major banks and building societies can offer bridging loans, but consider all the risks before you opt for it. For example, if you effectively take on bridging loans and you fail to sell your first property, can you afford to shoulder the burden ?

If you do look at bridging loans, are the interest rate terms reasonable and what is the Annual Percentage Rate (APR) being asked?

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We present information which we obtain from independent sources and do not give financial advice. You should check rates and terms with the product provider. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.