Bridging loans are a form of secured borrowing. This means that the loan provider will take a ‘charge’ against the value of either the new property (if the loan is to bridge the gap between a purchase ...
A bridging loan offers the opportunity to ‘bridge’ financial gaps that might occur when trying to simultaneously buy and sell property. But can you get a bridging loan if you have adverse or bad ...
Lauren Claxton is a freelance writer with a focus on personal finance and cryptocurrency. She has previously written for Crypto News Australia and was employed as a content writer at Monzi Personal ...
Jane and Tony Ryan were preparing to downsize from their 160-year-old farmhouse ...
For much of its modern history, bridging finance has been viewed as a product of necessity rather than intent. It was the ...
It is a well known fact that the sale of properties does not take place within a short span of time, and the long drawn procedure can result in the delay of funds. If you are willing to buy a home, ...
Flexibility, rapid fund allocation and a bespoke approach are key differentiators between the high street and specialist short-term lenders. “Short-term finance companies will look far more closely at ...
However, the latest BDLA figures showed a powerful lending spike indicating investor appetite is clearly warming up. The industry lent £2.5bn in Q3, a 42% jump against the same period last year, with ...
Bridge Loan or gap loan are short term loan where credit fund is available immediately for a short-term period for materializing any financial dream and is paid off on receiving of the larger loan ...
Melbourne-based Mortgage Choice broker David Thurmond said the last 24 months had seen a dramatic increase in demand for bridging finance, mostly from upsizing buyers aged 35 to 50 who have children.