What is a Bridging Loan and Why Might You Need One?
Buying a new property can be an exciting yet stressful time. Most people sell their current property first and use the available equity to purchase a new one. However, there are times when buying a new property before selling your current one may be necessary. This is where a bridging loan comes into play. In this article, we will discuss what a bridging loan is, why it might be necessary, and how it works.
