Tag: building

Category - building

How do bridging loans work?

Bridging loans are a type of short-term financing that can be used to bridge a gap in funding between the purchase of a new property and the sale of an existing property or to fund short-term financing needs for businesses.
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What is a Bridging Loan?

A bridging loan is a type of short-term financing that helps bridge a temporary cash shortfall when buying a new property before selling an existing one.
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What is a Buy to Let Mortgage?

Buy to let mortgages are a type of loan for buying a property you intend to rent out to tenants. You would usually be letting for a profit, or at least to break even. Most buy-to-let mortgages in the UK are interest-only, with the landlord paying the monthly interest using the rental income.
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