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  • Casual Articles - Monetary Bridge During Property Transaction: Bridging Loans

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    is seen that people use their new- purchasing property as a security. It can be any type of property, such as, housing or auction propert
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    Many a time, it is seen that people try to buy a new property by selling their present property. Though, it is a good option, but sometimes it is seen that borrowers cannot do these two things at a time. Keeping this thing in mind, bridging loans are introduced in loan market, with which borrowers can make their property transaction easier.

    Bridging loans are considered as a secured loan, secured on borrower’s property. So, in case if you want to avail these loans, you will have to place something against the lending amount. Many a time, it is seen that people use their new- purchasing property as a security. It can be any type of property, such as, housing or auction properti

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    s it is seen that borrowers cannot do these two things at a time. Keeping this thing in mind, bridging loans are introduced in loan market, with which borrowers can make their property transaction easier.

    Bridging loans are considered as a secured loan, secured on borrower’s property. So, in case if you want to avail these loans, you will have to place something against the lending amount. Many a time, it is seen that people use their new- purchasing property as a security. It can be any type of property, such as, housing or auction propert

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    , with which borrowers can make their property transaction easier.

    Bridging loans are considered as a secured loan, secured on borrower’s property. So, in case if you want to avail these loans, you will have to place something against the lending amount. Many a time, it is seen that people use their new- purchasing property as a security. It can be any type of property, such as, housing or auction propert

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    wer’s property. So, in case if you want to avail these loans, you will have to place something against the lending amount. Many a time, it is seen that people use their new- purchasing property as a security. It can be any type of property, such as, housing or auction propert
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    is seen that people use their new- purchasing property as a security. It can be any type of property, such as, housing or auction properties, commercial properties, retailing shops, overseas property etc.

    In stead of purchasing price, the value of the property is taken into account while providing bridging loan. The range of lending amount varies in between ?25,000 to ?500,000. The equity of a property is checked in case borrowers want to avail a higher amount. However, it seen that lenders provide up to 75% of the property value as bridging loans.

    As a short term loans, bridging loans are offered for a short period of time, from few weeks to six months and this period

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