Bridging Loan & Development Finance Articles

Many property developers and homebuyers use bridging finance to find a property purchase. This kind of development finance offers a fast and flexible way to secure funding when time is of the essence or when your credit rating means you can’t access mainstream lenders. Although bridging loans are becoming more mainstream, there is still confusion about how much a bridging loan costs.

Bridging loans and other forms of development finance are used by many property investors and even individual home buyers as an alternative to a mortgage when buying a residential property. Although they can be used in place of a mortgage, they are not the same thing. Bridging loans are offered for a far shorter length of time – so how long can you have a bridging loan?