Open Bridging Loans
An open bridging loan is used mainly in residential bridging loans when you are looking to purchase a new property before you have sold your current property but you have not exchanged contacts to sell your first property. This is important because once contracts are exchanged the likelihood of the sale not going through is extremely low. For this reason open bridging loans are a lot more riskier for lenders. If you are interested in getting an open bridging loan then please complete the form below to get the best advice.
Speak to a PROFESSIONAL ADVISER ABOUT BRIDGING LOANS