Can't sell your home as quickly as you want but need funds to buy that new property you have already chosen? Then bridging loan is what you should opt for. Bridging loans are designed to cover your temporary shortfall of cash between buying one property and selling another. 24 Hr Bridging Loan offers advice from our experts about bridging loans and help you fill your financial gap.

Bridging loans are of two types: open bridging loan and closed bridging loan. Open bridging loans are available when you have not finalized on the terms of selling your house but have already decided to buy the new property. Closed bridging loans can help you buy the new property when there is some delay in selling the old house even though you have settled with its terms. Bridging loans are secured against your property. It can be any type of residential, semi commercial or commercial property. 24 Hr Bridging Loan can easily arrange bridging loans within 24 hrs of application.

The standard amount you can borrow as bridging loans ranges from £25,000 and £500,000. The repayment period is generally between 25 days and 1 year. Like any other short term loans it invites high interest rates. However, at 24 Hr Bridging Loan we can help you find bridging loans at a cheap rate with terms and conditions that supports you.