The Difference Between Closed Bridging Loans and Open Bridging Loans

The demand for bridging loans has recently gathered pace. They are short-term loans sought after by those who are urgently interested in investing in a new property and are waiting for their existing property to be sold. In other words, it bridges the financial gap between selling a property and buying a property. Bridging loans …

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How Do Bridging Loans Work in the UK?

According to PropertyWealth research, “The UK property market is resilient with the forecast predicting the 3% hike in property prices across the country.” The primary reasons are reduced employment, slight economic growth, and wage improvement.  Such aspects may boost house sales in North West England and the Midlands particularly. These are high-potential areas for growth.  Does …

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