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Bridging Loan

HouseHunter13 · 2017-10-03 10:54:00

Anybody know if it is possible to get a short term bridging loan to purchase a house? scenario: My mother is looking to sell the family home (no mortgage) and downgrade to something smaller but has no money for a deposit. So she needs is a short term loan that would be paid back in full when the sale of the house is…

03-10-2017 10:54am

#1

HouseHunter13

Registered Users, Registered Users 2 Posts: 109 ✭✭

Join Date: March 2013

Posts: 105

Anybody know if it is possible to get a short term bridging loan to purchase a house?

scenario:

My mother is looking to sell the family home (no mortgage) and downgrade to something smaller but has no money for a deposit.

So she needs is a short term loan that would be paid back in full when the sale of the house is complete.

Is there such a thing?

Any advice would be appreciated.

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