22/01/2026
If you're considering making your next property move, it’s time to start thinking about your finance options.
Here’s a breakdown of the most common next steps:
Option 1: Sell First
This is often seen as the less risky option as you then have a clear budget for your next purchase. However, if you can’t find a new home quickly, you might need to find temporary accommodation. And, if you don’t purchase quickly, you could be priced out of a rising market.
Option 2: Buy First
You can take your time finding the perfect property at the right price, but you will need to be able to cover your existing mortgage and the mortgage on the new property until you sell your old home. This situation can result in sellers feeling pressured to sell their home more quickly.
Option 3: Simultaneous Settlement
When you line up the settlement dates for the property you’re selling and the property you’re buying. The funds from the sale of your current home are immediately put towards the purchase of your new home. However, this can be complicated to arrange and stressful if settlement falls through.
OR ... Secure a bridging loan. This option allows you to cover the cash flow gap between buying and selling a property. Bridging finance may suit those who want to buy before they sell and take their time to look for their next home.
We can access a variety of bridging loans through our lender panel, and can provide you with a tailored comparison of the pros, cons and financial implications of your different options to help you power your next move.
