Broker Workshop: How to use bridging finance

Although bridging loans are still mainly used by professional, more experienced property investors and landlords, they have become more mainstream in recent years given the excessive caution shown by high street lenders - and the difficulties even quality borrowers can have securing finance. Short-term loans, or ‘bridges', can be appropriate for plenty of borrowing scenarios, although we dealt with arguably the most classic example of bridging finance at work in July. A portfolio investor had secured a property at auction but the high street lender the investor was intending to borrow...