ADM Loans

Bridging Loan - ADM Loans

Loans Glossary : Bridging Loan

A Bridging Loan is a short-term, high value property loan to cover the cost of buying a new property before the sale of an existing one has completed.

The term of a bridging loan is likely to be measured in months rather than years - the interest rate is likely to be very high compared to a traditional mortgage, and is only really suitable for a short term loan.