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Bridging Direct provides flexible options that fit their customers' financial situations and needs for bridging loans throughout the UK.
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A bridge loan is a form of temporary financing that enables property owners to purchase a new investment property before selling their existing property.
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A bridging loan is a specific type of short-term financing that typically provides funding for businesses looking to buy a investment property before selling an existing one, however, whilst typically associated with this kind of usage, they can be used for a wide array of business applications.
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A bridging loan can come in handy when you are trying to buy a new investment property and sell an existing one simultaneously. This short-term financing solution is designed to help bridge the gap between two transactions.
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Bridge Direct is one of the most popular sources. The Bridge Direct team has over 30 years of experience in the mortgage and bridging market. They are direct lenders rather than brokers, which means they have direct access to funding.