<ul><li>Bridging loans are short-term financing options for property investors, allowing them to bridge the gap between selling one property and purchasing another.</li><li>Advantages of bridging loans include speed of approval, flexibility in lending criteria, no early repayment fees, and the potential for profit by financing property renovations.</li><li>Disadvantages of bridging loans include higher interest rates compared to traditional mortgages, short-term nature requiring a clear repayment plan, and additional fees such as arrangement fees and valuation fees.</li><li>Before opting for a bridging loan, property investors should carefully consider the pros and cons to make an informed decision and maximize returns on their investments.</li></ul>

The Pros and Cons of Bridging Loans for Property

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