A short-term loan designed to provide temporary funding, usually until a property is sold, refinanced, or moved onto a longer-term mortgage.
By Justin Whitelock
Founder of Mortgage London (a trading style of City Finance Brokers Limited, authorised and regulated by the Financial Conduct Authority, FCA No. 766295)
A short-term loan designed to provide temporary funding, usually until a property is sold, refinanced, or moved onto a longer-term mortgage.