Archive for the ‘Bridging Loans’ Category

November 30th, 2008

Choose which type of UK bridging loan works best for you There are two kinds of bridging loan, each used for a distinct purpose. Open bridging loans, UK Buyers take out an open bridging loan when they’ve found the house they want to buy, but haven’t exchanged contracts. You can usually only apply for this [...]

November 23rd, 2008

Bridging loans – Give you time to push the deal through. A bridging loan is a short term loan with a high interest rate. Traditionally, they’re used by people who want to fill the mortgage gap between buying a new home and selling their existing one. In short, UK bridging loans provide a mortgage on [...]