What can a bridging loan be used for?

Bridging loans are a type of short term secured mortgage. They can be used to borrow against almost any residential, buy to let or commercial property.

They are an extremely flexible type of loan which can be used for almost any purpose. Some examples are:

• Property chain break
• Auction property purchase
• Business funding
• Re-bridging
• Cashflow problems
• Property purchase
• Short lease properties
• Meeting financial deadlines
• Property developments
• Paying probate costs
• Refurbishment projects
• Purchase unmortgageable properties

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