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In this video, the host and mortgage broker Edward discuss bridging finance and development finance. Bridging finance is described as a short-term loan secured against a property, based on its current value. It is particularly useful for situations like buying a house at auction or funding refurbishments when a traditional mortgage isn't available. Edward explains that these flexible loans can help in scenarios such as purchasing properties for refurbishing, commonly referred to as "buy refurbish" projects. The video answers various audience questions about these financial options.