Bridging Loan
A bridging loan, also known as ‘bridging finance’, is a short-term loan that can help you finance the purchase of a new property while you sell your current property.
A bridging loan can also give you the finance to build a new home while you keep living in your existing property. Most people sell their old home first, and then buy their new home with the available equity. But there are times when buying first may suit you better.