If you've ever had a temporary filling from the dentist, you'll know that it's a whole lot better than just leaving a big old hole in your tooth - even if it is for a relatively short period of time. The pain just wouldn't be worth enduring.
Well, a bridging loan does the same kind of thing; instead of having to suffer the pain of losing your dream property because you can't sell your existing one in time, bridging finance fills the gap - allowing you to make the new purchase ahead of the sale of your previous property. Then, all you do is pay back the loan when you sell the old place - simple and painless!
