loans

Bridge loan

Bridging loans on the increase as rising base rates causing housing market volatility

The latest market analysis by mortgage experts, Revolution Brokers , reveals that bridging loan lending has increased by nearly 50% since the Bank of England base rates began rising at the end of 2021.

Bridging loans are high-interest, short-term emergency loans often used by homebuyers who need to bridge the gap between buying a new home and selling their existing home.

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