Bridging Loans for Downsizing

Thinking of downsizing but worried about the stress of selling before you can buy? In this episode of Mind It, Sinead Ryan talks to Elaine Mackey of Bank of Ireland about a new bridging loan designed to make trading down easier. They explain how the short-term finance works, who it's suitable for, the costs involved, and how it can remove the uncertainty of buying and selling at the same time. The discussion also explores how helping older homeowners right-size could free up larger family homes and improve the flow of Ireland's housing market. A practical guide for anyone considering their next move.