Bridging Home Loan

Understanding Your Home Loan

Accrete finance mortgage home loans for all of your needs

If you have enough equity in your current property you are able to organise a Home to Home/Bridging loan to secure your next property.

In the current market this is extremely attractive as vendors are more likely to accept an offer that is simply "subject to finance" opposed to someone that has to sell their existing property first. It can be structured in a way that you only make repayments on your residual debt (the amount that your loan will be once you have sold) Interest will however still be calculated on the bridging component. Generally the interest rate for bridging finance is set at the standard variable rate at the time.