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terms used

A B C D E F J L M N O P R S T U V

Click a term for an explanation.

  1. Banker's Draft
  2. Bridging Loan
  3. Buyer

Bridging Loan
Loan from a Bank to enable property to be purchased before Sale of existing house. Very risky if it is an "open" bridge where Contracts have not yet been exchanged on your sale. High rates of interest apply generally.

 
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* If disbursement charges have been incurred prior to completion (searches etc) these will be charged to the client.