People often ask me, "Just what is a bridging loan, then?"
No, really they do. In fairness, it's usually when I'm wearing my T-shirt that says on it "Ask me what a bridging loan is", so you'll see it's not actually that unusual.
I always respond by saying:
"A bridging loan, often referred to as 'bridging finance', is simply a no-nonsense loan taken out to bridge the financial gap between the sale of an existing property and the purchase of new one."
People go home more knowledgeable than they were that morning, and I go home feeling happy because my choice of T-shirt afforded me another chance to give a little bit back to the world. Everyone's a winner.
