Bristol, UK -- (SBWIRE) -- 05/14/2015 -- Money Compare, a leading financial comparison website, is delighted to announce that they have expanded their financial product portfolio to include Bridging Loans which will assist customers looking to purchase a new property.
Bridging Loans are a short-term funding option enabling individuals to purchase a new property even though they have a mortgage on another property. They are gaining in popularity as in our current economic climate, saving the funds for a deposit on a new property can seem like a daunting or even impossible challenge. Money Compare aims to educate customers on the types of bridging loan options available to them, be it a closed-bridge or open-bridge loan, and assist them in choosing the best option to suit their financial situation.
Speaking more about compare Bridging Loans, a representative from Money Compare stated, "A bridging loan is a financial option available to you when you need to 'bridge' a gap between a debt coming due. The funds are lent to the customer to cover an interval between two transactions, typically the buying of one house and the selling of another. Due to the complexity and uncertainty of this type of lending, obtaining it from the bank maybe a difficult and time consuming process but we make the process a lot more straight forward."
As well as offering bridging loans, Money Compare also offer a single platform to explore various types of loans including Payday Loans, Secured Loans and Personal Loans. They can also provide customers with debt solutions, mortgages deals, various insurance options and credit card comparisons in a simple, user-friendly and hassle-free website.
About Money Compare
Welcome to Money Compare, the UK's top financial comparison website. They bring together and provide individuals with the best financial products available on the market in a simple, easy to use comparison website, making the customers decision much easier and less time consuming. They offer a huge range of solutions, such as loans and mortgages, presented to customers in an uncomplicated and uncluttered way. They constantly strive to bring the best deals to their customers to help them save money.
http://money-compare.co.uk/