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Just how do connection loans work? Guide to bridging loans

Just how do connection loans work? Guide to bridging loans

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The marketplace for bridging loans has exploded steadily in the last few years, particularly in and around London, as borrowers make an effort to complete home acquisitions quickly to secure their fantasy domiciles.

Bridging loans are short-term finance typically utilized if you find a space involving the sale and completion times in a string. They are employed by individuals purchasing at auction, or those that want to have a house limited to a few days – for example, if they’re purchasing to renovate then offer on. Read more