Bridging Loans
Prospect Mortgage Services provide independent, sound and honest advice for your mortgage and protection needs.
A few reminders before you start
Bridging loans are a short-term funding option. They are used to ‘bridge’ a gap between a debt coming due, and the main line of credit becoming available. Or they can simply act as a short-term loan in pressing circumstances.
They can be invaluable in facilitating a property purchase that otherwise would not be possible. But as you might expect with a stop-gap measure, they can be significantly more expensive than a ‘normal’ loan.
Once you have completed the calculation below we would recommend that you get in touch to discuss what might be acheivable in more detail. Please use the Book Now button to arrange a face to face appointment or a call back over the phone.