07 Moving
Bridging and next home finance
Buying the next place before the current one sells, without being pushed into a bad sale.
Upsizing and downsizing run into the same problem: the timing of two settlements you do not fully control. We look at whether bridging finance, a longer settlement, a deposit bond or simply selling first is the right answer for you, and we are honest that bridging is the most expensive of those and not always the one to reach for. Peak debt and end debt get written down before you commit to anything.
What is included
- Bridging, deposit bond and sell-first options compared
- Peak debt and end debt mapped out in writing
- Application and valuation across both properties
- Settlement coordination between the two transactions
No fee to you
No fee to you for residential bridging. The lender pays the commission and you see it alongside the cost of each option we model.
Book a planning sessionor call (02) 5550 0020
02How it runs
4 steps, in this order
Typical first appointment: 60 min planning session. You are told which step we are on, without having to ask.
- 01 Assess your current position and a realistic sale outcome
- 02 Model each option, including the cost of carrying two loans
- 03 Choose the path and lodge with a lender who supports it
- 04 Coordinate both settlements with your agent and conveyancer
03Asked often
Before you ring
If your question is not here, it is probably on the FAQ page, and if it is not there either, ring and ask.
Is bridging finance risky?
It carries more cost and more pressure than a normal loan, because you are carrying two debts until the first place sells. It suits people with real equity and a realistic asking price, and we will say plainly when we do not think it suits you.
Could we just ask for a longer settlement instead?
Often, yes, and it costs nothing. In a slower market a vendor will frequently take a longer settlement over a lower price, which solves the timing problem without any extra borrowing at all.
What if the first place does not sell in time?
That is the scenario we plan for rather than hope against. Bridging loans run to a set period, and we agree with you up front what happens if you reach the end of it, including whether you would accept a lower price or move to a different loan.
What people usually pair this with
10The first chat
Start with the first chat
Sixty to ninety minutes, at your table or ours, evenings available. Nothing to pay and nothing committed. Long enough for us to tell you what is actually possible and whether we are the right fit.
What to bring
- Recent pay slips, for both of you if you are buying together
- Three months of bank and credit card statements
- Photo identification
- A rough idea of what you already owe
- Two years of financials and tax returns, if you are self-employed
Or skip the form
(02) 5550 0020- Mon to Wed 8:30am to 5:30pm
- Thu 8:30am to 7:00pm
- Fri 8:30am to 4:00pm
- Sat 9:00am to 12:00pm, by appointment
- Sun Closed
Evening and weekend appointments are normal in this trade. Leave a message on the office line or text Marty on 0491 570 156 and you will hear back the same day.
Thanks, that is everything we need
Demonstration only. Nothing was sent and nothing was stored. On a live site this would reach hello@junctionhomeloans.com.au and a booking would be confirmed by phone.