Hi all,

I’ve been looking into short-term financing options for property deals and keep hearing about BRIDGING LOANS. From what I gather, they’re used to “bridge the gap” when buying a property quickly, before securing a long-term mortgage.

I’m interested in understanding how they work in real-world scenarios. For example:

How fast can bridging loans be arranged?
Are they mainly used for auction properties or chain breaks?
What are the typical interest rates and fees compared to standard mortgages?
What risks should I be aware of, especially if the exit strategy (like selling or remortgaging) takes longer than expected?

I’m considering them for a commercial property deal, but I want to make sure I understand all the pros and cons.

If anyone has experience using BRIDGING LOANS, I’d love to hear your tips, pitfalls to avoid, or whether you think they’re worth it for property investment.

Thanks in advance for sharing your insights!