How can bridging finance help finance un-mortgageable properties?

A lack of research and buying on gut feel or impulse – particularly at auction, can potentially lead a novice investor to purchase an uninhabitable property that a traditional lender will not mortgage and unless you are a cash buyer, bridging finance may be required to complete the purchase. However, for an experienced developer or investor, using a bridging loan to buy a property with problems can represent a great opportunity to make substantial profits when corrective work is carried out

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