How to Use a Bridging Loan to Buy Before You Sell
How to Use a Bridging Loan to Buy Before You Sell
A bridging loan can give you the flexibility to buy a new home before selling your current one. It’s a short-term solution that’s growing in popularity across Suffolk and Essex. Here’s how it works:
What is a bridging loan?
It’s a short-term loan secured on property, designed to “bridge” the financial gap between buying a new property and selling your existing one.When might it help?
If your property chain collapses but you’ve found your dream home.
When buying at auction, where completion is usually required within 28 days.
If you want to renovate a property before selling.
How fast is it?
Funds can often be arranged in just days, giving you speed and flexibility. We work with specialist lenders who understand unique circumstances.What’s the risk?
Bridging loans are powerful tools, but they carry risks, including higher interest rates. Having an exit strategy—like refinancing or selling—is crucial. We’ll talk you through whether it’s the right option for you.
Customer Pain Points:
"I don’t want to lose the house I’ve found."
"I’m worried about being stuck with two mortgages."
"I’ve never heard of bridging—can I trust it?"
SEO Tip for Readers: If you’re searching for bridging loan broker in Suffolk or Essex, Keyholder Mortgages offers trusted, local advice to help you make the right decision.
Want to move forward without the stress of a property chain? Speak to Lois about whether bridging finance is the right solution for you.
Book a Free Discovery Call with Lois Here
Lois Holder CeMap1&2
01787 209880
