For when you need to buy before you sell or if you just need some renovation cash before you sell.
Bridging loans can help to overcome the worry about selling and having nowhere to move to. The solution might be to buy first then sell.
Bridging loans work on an ‘end debt scenario’. If the end debt is zero then you may not need to prove your income.
If the end debt is more than zero, then this is the loan the lenders will calculate your borrowing capacity for.
Part of the bridging portion can be for repayments required prior to selling.