Bridging loans have become an increasingly popular source of finance in recent years. It’s not hard to see why – in the fast moving world of property, having the freedom to move quickly and take advantage of key opportunities can make all the difference.
Unfortunately, conventional mortgage finance can take weeks or even months to arrange, causing frustration and leaving you unable to capitalise on the opportunity you’d hoped to.
Bridging loans can provide a solution. Short-term finance can be arranged quickly, putting you in a position to move fast. However, applicants should tread carefully. The world of bridging finance is somewhat outside the mainstream, so bridging loans can be complicated to arrange.
A broker like Articus Finance can help. Whether you’re wondering how bridging loans work, would like to know more about how you can use short term loans to your advantage, or wish to enquire about the best bridging loans interest rates currently on the market, our brokers would be happy to discuss your options.