Development Bridging Finance
Bridging finance is a popular tool in property development and investment, helping to fill the gap between one property-related transaction and another. This can be an advantageous solution for securing an opportunity, handling an emergency, or funding light works until longer-term funding can be secured. Bridging loans typically last 12-18 months and include additional fees such as valuation, arrangement and legal costs. What is a bridging loan? Bridging loans are a type of financial instrument