Bridging loans are ideal for developers and property investors. Bridging loans are temporary loans used to "bridge" the gap between the sale of a current property and the acquisition of a new one. For instance, if a buyer is buying another property ahead of selling the current one, it is the bridging loan that finances the acquisition. On the sale of the original property, money can be employed in paying off the loan. This allows customers to react very quickly to new opportunities without being bound by timing of previous sales.
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