Is it still possible to get a bridging loan?

Bridging loans are possible if you have at least 20% equity. They are used to ‘bridge’ the gap from selling your current home to purchasing your new one. The interest only payments are capitalised which you means you don’t make monthly repayments, they are added to the loan principal and you just pay off in a lump sum when the bridging loan ends and your new loan turns into a standard home loan.