BRIDGING LOANS
Buying before you sell? We have a solution.
A bridging loan lets you buy your next home before you've sold your current one — without the cash-flow stress, double moves, or missed opportunities.
A bridging loan may be right for you if:
You've found your next home but haven't sold your current one yet.
You're downsizing or upsizing within Perth and want to avoid renting in between.
Your current home has substantial equity that can be drawn on as security.
You expect to sell within 6–12 months at a realistic market price.
You have a clear repayment plan once the existing property sells.
You want to avoid the stress of synchronising two settlements on the same day.
Bridging Loan questions, answered.
What happens if my current home doesn't sell in time?
Most lenders offer a 6-month bridge initially, which can usually be extended to 12 months if needed. If the sale is still delayed, the bridge converts into your end-debt loan structure and continues — although interest costs increase.
We always recommend a realistic sale price and timeline up front, so this scenario stays unlikely.
What does a bridging loan cost?
Bridging rates are typically slightly higher than standard variable home loan rates. The main cost is interest on the peak debt over the bridging period — which is why a quick, well-priced sale matters.
We'll model the full cost (interest, fees, stamp duty) against the convenience and certainty of bridging, so you can make an informed call.
Which lenders offer bridging loans?
Most major banks (CBA, ANZ, NAB, Westpac) offer bridging products, as do several second-tier lenders and specialist non-bank lenders. Policies vary significantly — some lenders require an unconditional sale contract on your existing home, others don't.
Because the policy nuance matters so much, this is a product where having a broker really pays.
Bridging Loan questions, answered.
What happens if my current home doesn't sell in time?
Most lenders offer a 6-month bridge initially, which can usually be extended to 12 months if needed. If the sale is still delayed, the bridge converts into your end-debt loan structure and continues — although interest costs increase.
We always recommend a realistic sale price and timeline up front, so this scenario stays unlikely.
What does a bridging loan cost?
Bridging rates are typically slightly higher than standard variable home loan rates. The main cost is interest on the peak debt over the bridging period — which is why a quick, well-priced sale matters.
We'll model the full cost (interest, fees, stamp duty) against the convenience and certainty of bridging, so you can make an informed call.
Which lenders offer bridging loans?
Most major banks (CBA, ANZ, NAB, Westpac) offer bridging products, as do several second-tier lenders and specialist non-bank lenders. Policies vary significantly — some lenders require an unconditional sale contract on your existing home, others don't.
Because the policy nuance matters so much, this is a product where having a broker really pays.