can buy with cash, then remortgage (coming up in the next section) in the future to pull some of your funds back out. Bridging finance is short-term lending (lasting usually six to 12 months), which carries a higher interest rate than a mortgage but is much quicker to arrange. As a rough rule of thumb, you can normally borrow up to 70% of the property’s value. It’s quicker because a bridging lender really doesn’t care about you (other than basic checks that you are who you say you are, and haven’t been declared bankrupt): their security is the property you’re buying. As a result, a bridging
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