Arrears 

In bridging finance, you would be in arrears if you failed to pay back the required repayments at the agreed time, resulting in overdue debts. 

Being in arrears puts you at risk of losing the property you have secured your loan against. Therefore, it's essential to make sure you can make regular payments before requesting a bridging loan.

Back

We use cookies. By using the website you agree with our use of cookies. For more information, please read our privacy policy.

Okay, got it!