Bridging loans explained

A bridging loan is a short-term financial solution that helps you secure your next home before selling your current one. It allows you to cover the purchase price of a new property until your existing home is sold, reducing the stress of rushed sales.

Typically, bridging loans are interest-only during the bridging period, meaning you pay only the interest until your current property sells. After the sale, the loan converts to a standard mortgage, aiding financial management.

This option is ideal for homeowners wanting flexibility during their transition. It offers peace of mind, knowing you have funds to secure a new property without the urgency of a quick sale.

At kredi, our experienced brokers guide you through the process. We help you assess the risks of bridging finance, explore flexible lender options, and plan your move strategically. Our aim is to make your transition smooth, ensuring you feel supported at every step.

If you're considering a bridging loan, we invite you to book a conversation with our team. We can provide tailored advice and help you navigate this important decision confidently.