Bridging Loans
Find Today's
Leading Bridging Loans. Compare Bridging Loans
to Find Today's Lowest Rate. Use Our Free Bridging
Loan Calculators to Compare Bridging Loans.
A Bridging Loan is a short term loan,
often used in situations where there is a short fall
of cash. Bridging Loans are often used in the
purchase of residential or commercial properties.
Many lenders will offer Bridging
Loans to most people, even if you have a Poor Credit
Rating or are Self Employed you can still get a
Bridging Loan. The interest you pay on a Bridging
Loan will be higher than on other types of loans and
as with other loans you will be expected to make
repayments monthly. To get a bridging loan you
usually have to have a valuation survey done.
There are two types of
Bridging Loans:
 | Open Bridging Loan -
this comes into action when final terms and
conditions have not been agreed. You may not
have on the terms by which you are going to sell
your home yet but you are still determined that
you want to go ahead with the purchase of the
property you are buying. |
| Closed Bridging Loan -
When all terms and conditions of both sale and
purchase on both properties have been agreed but
there is still a delay on moving in, then you
can use a bridging loan. |
There are a
number of companies who offer
competitive Bridging Loans. Use one of our
Free Bridging Loan
Calculators to compare the different rates.
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