The Pitfalls of Bridging Finance: Why You Shouldn't Always Trust the Headline Rate

The Pitfalls of Bridging Finance: why you shouldn't always trust the headline rate. The first inquiry a prospective bridging borrower is concerned with is how much the monthly interest rate is. Yes, this is a significant consideration when evaluating the options available to the borrower however it fails to consider a number of aspects that can hike up the cost of bridging finance. In circumstance, in many cases it may be cheaper to have a higher rate of interest in order to benefit from fewer costs elsewhere. Avoiding certain pitfalls including exit fees, renewal fees, completion fees, can save unnecessary fees if

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