Bridging finance can be a lifeline for homebuyers in need of short-term finance to prevent a property chain from collapsing. These loans can play a key role in ‘bridging the gap’ between the purchase of a new property and sale of an existing property. They can also be useful to fund short-term property refurbishments and for business finance.

Here’s a closer look at how bridging loans work, together with our pick of the best providers on the market.

Note: It is important to remember that as with any mortgage or secured loan, your home may be repossessed if you do not keep up with repayments.