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.
- Banker's Draft
- Bridging Loan
- 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. |