UK Bridging Finance And Its Uses In The UK

UK Bridging Finance And Its Uses In The UK

Traditionally bridging finance is best defined as a short-term lending, often over a period of between four weeks and eighteen months but this can extend longer with the consent of the lender and sufficient documented reason. This type  of lending is commonly referred to as a bridging loan in the United Kingdom, it is also called a caveat loan and swing loan in other countries that offer the same type of financing. While the headline interest rate on bridging finance can seem fairly high, compared to traditional loans, this does not give a fair reflection of the bridging loans value and popularity  and the uses in the property market sector. UK BRIDGING FINANCE FACTS Many reports into the UK bridging finance market show some very

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