Contrary to popular belief, a bridging loan has the potential to be a surprisingly simple and versatile funding solution. No longer confined to commercial borrowing circles or big business, bridging finance has well and truly hit the mainstream as of late. But how...
At the risk of jumping straight to the conclusion, no financial product is an effective one-size-fits-all solution. The whole thing is highly circumstantial, based entirely on your requirements at the time, coupled with what you can comfortably afford. Bridging...
Being a named beneficiary of a deceased person’s estate often brings unexpected obstacles and financial burdens. One of which could be your obligation to pay inheritance tax (IHT), which, depending on the size of your inherited estate, could amount to a major...
Bridging loans have really come into their own as of late, acknowledged and accepted by mainstream borrowers as a useful alternative to more conventional products. In the right hands and for the right purpose, bridging finance has the potential to be uniquely...
What are bridging loans? As the name suggests, a bridging loan is a temporary solution for a short-term financial gap. Typically, issued over the course of no more than a few months, bridging finance effectively ‘bridges’ the gap between a purchase or investment and...
Downsizing to a smaller home should be a simpler task than moving into a larger home or buying your first property. Your current home may have a much higher market value than that of your target home, putting you in a great position to relocate and have plenty of...
Having found your perfect home at a price you can afford, you suddenly find yourself in a major race against time. Given the attractiveness of the property and its price, it’s highly unlikely you are the only interested buyer. This is where the limitations and...
New data from Bridging Trends suggests that in spite of the year’s first quarterly interest rate increase, total bridging activity has once again reached a new record high. The impressive figures from Q3 indicate total bridging loan transactions of £214.7 million for...
