A bridging loan is used when you have a short term requirement for a large sum of money. It is normally used to purchase a property or a building plot. These loans are usually paid off within 6 months but most of the time they are paid off earlier. There are lots of different types of bridging loans; the most common of them is when purchasing a property without the completion of the sale of your current property. There are many reasons for needing a bridging loan and different purposes for taking them out. We have information on all the different types of bridging loans, simply select the one you are interested in and read further or alternatively, speak to our expert advisers to learn more.