Home loans
Buy the next home before you sell this one.
You have found the right next home before your current one has sold, or you are building while living in the home you own. A bridging loan means you do not have to let the right property go.
A bridging loan is a temporary loan that funds the new purchase while your existing property sells. During the bridging period there are usually no repayments: interest is added to the loan, and the proceeds of your sale pay it down at settlement.
We calculate your peak debt, check the numbers hold under a conservative sale price, and structure the loan so the end position is a normal mortgage on your new home.
Bridging periods typically run six to twelve months, so a realistic sale price matters more than an optimistic one. Interest compounds while nothing is being repaid.
Send your details and we'll come back to you with what these numbers mean for your borrowing, usually within one business day.