Bridging Loan
[ What is a bridging loan? ]
Bridging loans or bridging finance are short-term interest-only loans taken out by clients needing immediate access to funds for a property purchase and/or development.
Bridging finance is ideal for those who might find themselves in a contract race, or needing auction property financing. It is a short-term loan to ‘bridge’ the gap – or in other words provide some breathing space – while other finance is secured.
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A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
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The guidance provided within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
Cloud Mortgage Services limited is an appointed representative of TenetLime Limited, which is authorised and regulated by the Financial Conduct Authority. TenetLime Limited is entered on the Financial Services Register (www.fca.org.uk/register) under reference 311266.
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Summertown
Oxford
OX2 7HT