What Are Bridging Loans Used For?
The bridging area is extremely competitive, which is good news for borrowers. The times while bridging loans had been used solely for the purposes of purchasing a brand new residence prior to the sale of the antique one are lengthy long gone. With the bridging marketplace believed to be really worth?2.5 billion and increasing by using 25% each yr. We now live in a world where bridging loans may be arranged for just about any purpose, residential or industrial.