Bridging & Development Finance

Bridging and development finance are two types of financing options used in the property industry.

Bridging finance is a short-term loan that helps bridge the gap between the purchase of a new property and the sale of an existing one. It can be a useful solution when you need quick access to funds for a property purchase but haven't yet sold your current home. This type of finance is typically repaid in full when the existing property is sold.

Development finance, on the other hand, is specifically designed for property developers and investors who are looking to build or renovate properties. It provides the necessary funds to cover the costs of acquiring land, construction, and other development expenses. Development finance is usually structured in stages, with funds released at different milestones of the project.

Both bridging and development finance can be complex. It's important to work with a financial adviser who can guide you through the process and ensure you choose the right financing option for your specific needs. Here at Horizon Mortgage Solutions we will be happy to help!

Bridging and Development finance is done on an introduction only basis and referred to a third party

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