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So what are bridging loans?
A typical use of a bridging loan would be for those times that you’ve still not found an owner for your old property but chosen a new one to move into. The loan is designed to help with a cash inflow until you’ve sold you’re old property.
Some additional examples of where bridging finance may be used for short term solutions;
'The Financial Conduct Authority does regulate some forms of 'unsecured loans'