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 ...
For much of its modern history, bridging finance has been viewed as a product of necessity rather than intent. It was the ...
There are two main types of bridging loan; a ‘closed bridge’ and an ‘open bridge’, and each have key differences says David Kinane, partner at Paxton Private Finance. A ‘closed bridge’ is a loan where ...