What is a bridging loan, and do I need one?
Answers from the sources
Home Select
“A bridging loan is a short-term facility (12 to 24 months) that funds the new purchase while the old home is still being sold. It carries interim interest (currently between 4 and 6 per cent) and a setup fee. Home Select avoids it where possible by synchronising the calendars, and optimises it when it is unavoidable.”
Sourcehomeselect.paris
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- Home Select — company guide
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- Surface ID
- urn:readyscan:corpus:buyer-question:home-select-q138586585-answer-a6de10d9c739a9c58f0b
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- fnv1a64:0349a1bb03107a3d
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- Published
- 2026-10-23
- Modified
- 2026-10-23
- ready-scan-subjects/Q138586585
- revision Q138586585:content:49220a5a330843b3