Bridging Finance
Short-term finance that lets you buy your next place before your current one has sold.
Request a timeA 15-minute call with Marko, confirmed within one business day.
A bridging loan covers the gap between buying your next property and settling the sale of your current one, so you're not forced to sell first, move twice, or lose the property you actually want while you wait.
It's structured to be short-term by design. Interest can often be capitalised so you're not paying two loans in full at once, and it is repaid from the sale proceeds once settlement happens.
The lender will want a realistic sale price and timeframe for your current property, usually backed by an agent's appraisal, since the whole facility is built around that sale actually happening. Marko builds in a sensible buffer rather than the most optimistic number.
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- Buy before you sellPurchasing your next home with finance secured against both properties, not a rushed sale of your current one.
- Interest-capitalised optionsAdded to the loan balance rather than paid monthly, so you're not funding two mortgages out of pocket.
- Sale-contingent structuringSized around a realistic sale price and timeframe for your current property, with a buffer built in.
How the loan unwinds
- BuyYou buy the next home with the bridge in place.
- BridgeBoth properties secure the loan while you sell.
- SellYour current home goes to market at a realistic price.
- RepaySale proceeds pay down the bridge at settlement.
Good fit if
- You've found the next place before your current one has sold
- You have meaningful equity in your existing property
- You can support a short-term facility while it's in place
Worth knowing
- Bridging rates run higher than a standard home loan
- The facility depends on your current property actually selling on time
Questions about bridging finance
What is a bridging loan?
Short-term finance that lets you buy your next home before your current one sells. The lender holds both properties as security until the sale settles, and the sale proceeds pay down the loan.
How long does the bridging period last?
Commonly six to twelve months, depending on the lender and whether your current home is already on the market. If the sale takes longer, costs rise, so the timeline is planned upfront.
Do I make two sets of repayments?
It depends on the lender. Many add the interest on the bridging portion to the loan rather than asking you to pay it monthly, while you keep paying the ongoing part.
What if my home sells for less than expected?
The shortfall stays as debt on your new loan. That's why Marko works from conservative sale estimates when checking what you can afford.
General information only. Lender policies vary and change. Marko confirms what applies to you on the first call.
Still not sure? Request a time and Marko will look at your situation.