What is a Bridging Loan?

wanna buy a bridge? I have one for sale if you cant pay cash you will need a briging loan

Chiefly the term of the loan is very short ad generally speaking the interest rate will be somewhat higher.
It's basically a very short term mortgage. Like a mortgage, it's a loan that is "secured" against property.

Bridging loans can be used for reasons other than buying and selling property...

generally bridging loans attract a higher interest rate

Basically you take out a "bridge" loan in order to buy a property while you
have not sold your own yet. The bank (should you get a bridge loan these days)
will lend you the money until your old property is sold and you can repay the
bridge loan.

A regular loan is either a mortgage loan for your home or a loan for your car.

Bridging loans offer short-term finance for buying a property before your longer-term funding comes through. Find out about terms, rates and risks.The most common use of these loans is to help fund a new house purchase while you’re waiting for your existing property to sell.Bridging loans can also be used to help you buy at auction – where you’ll need to put down a deposit as soon as the hammer comes down.