Bridging Finance is the term used for short term borrowing secured on property or land, for a term of up to 12 months.

Bridging finance is usually used where funds are required to solve a temporary cash flow problem, or where funds are required in days rather than weeks.

What can bridging finance be used for?

Bridging finance can be used for any purpose. However, below is a list of some of the typical uses:

• Purchasing property at auction
• Property refurbishment or conversion
• Chain-breaking mortgage
• Purchasing property where the surveyor recommends a retention
• To help homeowners who have been or are about to be repossessed.