Glossaryselling

What is Bridging Finance?

A short-term loan used to "bridge" the gap when buying a new property before selling an existing one. Bridging loans carry higher interest rates than standard home loans and are typically repaid once the existing property settles. They carry risk if the existing property takes longer to sell than anticipated.

Go deeper

How to choose a selling agent

Interview process, the appraisal-price trap, and the listing agreement.

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