🤔What’s the difference between bridging finance and development finance? Bridging finance is usually short-term and perfect for: Refurbishment projects Auction purchases Property chain breaks Development finance, on the other hand, is for bigger, more complex projects like: Building new homes Converting offices into residential flats No matter the type, lenders want to see realistic numbers, a feasible timeline, and a clear exit strategy. Get these right, and your project has a solid foundation

4.3K views · 12 reactions | Bridging loan explained! What is a bridging loan? How does a bridging loan work in the UK to finance a property? Comment “got it” if you now understand bridging loans 朗 #bridgingloan #ukproperty #propertyinvesting #bridgingloans #propertyuk | Abi Hookway | Facebook

Bridging loans could be the key to unlocking and bridging the gap in your finances. BUT - it's crucial to delve into the fine print 🌉💰 If you're hungry to hear more wise words from our property experts, click the link on our story for the full video. ☝️ #bridgingloans #progressiveproperty #financetalk #propertyinvesting #propertyauction | Progressive Property