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Bridging finance can be ideal in raising quick finance for a multitude of reasons.
Capital raising is required enabling you to complete the purchase of a new build overseas holiday home. This money is required quickly as the new build completion date is very close and a mortgage could not be arranged in time. We would arrange a bridging loan to complete the purchase thus avoiding major additional costs for delayed payments. You can then mortgage your newly completed property to repay the small bridging loan.