HELP Bridging Loan?

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HI I HAVE PURCHASED A NEW PROPERTY WHICH WILL BE READY ON THE 25TH MAY BUT THE BUYERS BUYING MY PROPERY CAN'T MOVE INTO THE 28TH MAY SO I HAVE TO TAKE A BRIDGING LOAN TO COVER THE FEW DAYS BUT THE BUILDER HAS SAID THEY WILL COVER THE COSTS OF THIS BUT I AM NOT THAT IN THE KNOW ABOUT THE BRIDGING LOAN.

THE PROPERTY BUYING IS 139,000

MORTGAGE REQUIRE FROM LENDRS IS 112,000 FOR NEW PROPERTY

EXTRAS ON NEW HOME ARE 5,600

ITS JUST TO SEE THE ACTUAL AMOUNT I NEED TO BORROW ON BRIDGING LOAN IS IT THE 139,000 + 5,600

OR JUST THE DIFFERENCE FROM AMOUNT BORROWING FROM LENDER 27000 + 5,600.

SOMEONE HELP THANX.

HELP Bridging Loan?

If you plan to pay back the money , you can ask for a loan at Prosper. More information at http://www.acreditlibrary.com/prosper.ht... . You can also try your luck at online charities, people may send donations. More information at http://www.laodn.org/

HELP Bridging Loan?

I have never heard of a bridging loan before I try see whats happens Good Luck



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