Bridging loans are ideal if you need to purchase a new home before your current home has sold and require short-term finance.
This could be because you wish to secure the perfect home at today’s prices or before someone else buys it.
There are a variety of options ranging from 6% for 3 months through to using a deposit bond.
Those in their golden years sometimes need to secure a retirement apartment yet desire more time to pack up and sell the family home. Changing your circumstances like that can be a stressful time – take the worry out of it and obtain a short-term bridging loan to achieve your goals.