Frequently Asked Questions
What is a bridging loan?
A bridging loan is a short-term finance option designed to “bridge” the gap between buying a property and securing longer-term funding or selling another asset. It’s commonly used by property investors, developers, and landlords who need quick access to funds.
How does auction finance work?
A bridging loan is a short-term finance option designed to “bridge” the gap between buying a property and securing longer-term funding or selling another asset. It’s commonly used by property investors, developers, and landlords who need quick access to funds.
Who can apply for a bridging or auction loan?
A bridging loan is a short-term finance option designed to “bridge” the gap between buying a property and securing longer-term funding or selling another asset. It’s commonly used by property investors, developers, and landlords who need quick access to funds.
How fast can I get a bridging loan?
A bridging loan is a short-term finance option designed to “bridge” the gap between buying a property and securing longer-term funding or selling another asset. It’s commonly used by property investors, developers, and landlords who need quick access to funds.
What can a bridging loan be used for?
A bridging loan is a short-term finance option designed to “bridge” the gap between buying a property and securing longer-term funding or selling another asset. It’s commonly used by property investors, developers, and landlords who need quick access to funds.
How much can I borrow?
A bridging loan is a short-term finance option designed to “bridge” the gap between buying a property and securing longer-term funding or selling another asset. It’s commonly used by property investors, developers, and landlords who need quick access to funds.
What is an exit strategy?
A bridging loan is a short-term finance option designed to “bridge” the gap between buying a property and securing longer-term funding or selling another asset. It’s commonly used by property investors, developers, and landlords who need quick access to funds.
What are the typical interest rates and fees?
A bridging loan is a short-term finance option designed to “bridge” the gap between buying a property and securing longer-term funding or selling another asset. It’s commonly used by property investors, developers, and landlords who need quick access to funds.