Use a bridge loan to buy a new home before you sell
A bridging loan can help homeowners use the equity tied up in their properties to purchase a new home.
Using a bridge loan to buy a house before selling your own
Even in today’s competitive market, it can be difficult to sell your current property before you need to purchase your dream home this is when bridging finance plays a key role. With the help of a bridging loan, it is possible to opt out of the traditional property chain entirely.
A bridging loan provides homeowners with the opportunity to access the equity they have tied up in their properties and use this to complete the purchase of their new home.