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How is Bridging Finance secured?The bridgn finance loan will be secured against the borrowers property, any remainder of the price is secured on a second charge on another property or on other assets owned by the borrower. In most cases all that is needed to fund a new property purchase would be a single charge on an existing property. Each bridging finance mortgage lender will have their own lending requirements. It is usually possible these days to get a bridging finance loan for up to 100% of the LTV depending on the current valuation and the equity you have in the properties that you have used as security for the loan. Loans- Frequently Asked Questions
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