Bridgit

01/05/2023

According to the latest core logic report, rental costs are continuing to rise. This can be a real headache for those looking to sell their home before buying again, especially when rent is expected to keep going up and vacancy rates are expected to remain low.

💡 With Bridgit, avoid rental hassle and cost by buying your dream home now and selling later.

🏡 Don't let rising rental costs hold you back from taking your next step, buy your next home on your terms.

08/11/2022

Drum roll please 🥁 Bridgit has won the Finder Award for Best Lending Innovation for 2022!

We’re thrilled to be recognised as the Most Innovative Lender for our tech-first lending solution. 🏆

The Finder Innovation Awards recognise and celebrate the most forward-thinking businesses in Australia, spanning the industries of property to finance to tech and beyond. Being recognised as one of the country’s most innovative businesses is a huge honour, especially considering the calibre of businesses in the running for this award!

We’ve been working so hard to help Australian homeowners buy their next property on their terms, with no double mortgages, no temporary living costs and fast approvals to ensure no missed opportunities.

Here’s what Finder home loans editor Richard Whitten had to say:

👉 “Bridging loans are a neglected segment of the Australian credit landscape and Bridgit has created a new product and platform that serves user needs while adding elements of tech-driven convenience that feel genuinely new for this industry.”

Big congrats to all the other finalists in this category as well as the other Finder Innovation Award winners. We’re honoured to be recognised with this award win, and we’re just getting started. 🎉

08/11/2022

Did you know that Aussie homeowners are spending an average of $8300 on temporary living if they don’t secure their next property before selling? 🏡

We recently commissioned a survey with over 1,000 homeowners and amongst those who had sold their existing property, more than half (52 per cent) had to find temporary living while they waited to buy their next home. In doing so, the average household paid a HUGE $8300 on relocation expenses like temporary accommodation, moving and storage costs - an avoidable cost for those who choose bridging finance.

Here’s what our CEO and Co-Founder Aaron Bassin has to say on the topic: “The process of buying, selling and moving homes is stressful enough in the best of times, without having the added burden of paying additional expenses and finding temporary accommodation.”

Dive into the results from our research in this article from News.com.au 👉 https://lnkd.in/gaAEKavW

Don’t let the hidden costs of selling first get you!

Homeowners are forking out thousands of dollars on temporary accommodation while waiting to buy a new home as a national rental crisis intensifies.

15/09/2022

At Bridgit, our mission is to help people progress in their property journey and our people help bring this to life. Over the next few weeks we will be introducing you to our partnerships team. If you have any questions, please ask them in the comments. Can’t wait to hear from you!

https://www.linkedin.com/feed/update/urn:li:activity:6975996825870729216

23/08/2022

When you hear the term ‘home loan’, you probably think about a traditional 30-year mortgage.

While that’s been the standard home loan product for years, it’s far from the only way to access property finance from lenders.

In fact, there are stacks of short-term loan types available from specialised lenders (including caveat loans, deposit loans and even bridging loans).

On the blog, we dive into the wide range of short-term loans that exist and what you need to know about each.

Find out more about Bridgit’s bridging loan products. Our blog features the latest tips, resources, market trends, and success stories.

10/08/2022

Don’t let a slow lender or snail-pace bank approval stop you from securing your dream home.

With Bridgit, we offer same-day approval to help you make a confident offer. Plus, we offer settlement in as little as 48 hours.

Ready to buy on your own terms? Apply for a Bridgit bridging loan today: https://www.bridgit.com.au/bridgit-loan

31/07/2022

We’ve had a massive first year in business here at Bridgit.

Not only did we launch a massive rebrand earlier this year, but our team has grown from one to nearly 25 employees.

Plus, our disruptive bridging loan product has caught the attention of The Australian, SmartCompany, and the AFR (just to name a few).

We’ve seen some exponential growth in our first 12 months in business, and we’re just getting started.

Discover what we’ve been up to over the past year (aside from launching our game-changing one-hour approval bridging loan product) on our blog below!

Find out more about Bridgit’s bridging loan products. Our blog features the latest tips, resources, market trends, and success stories.

27/07/2022

Have you outgrown your current home? Are your kids feeling cramped in shared bedrooms? Want some extra space for your growing family?

If so, it could be time to consider upsizing to a bigger property.

But before you start your property search, it’s important to understand how upsizing works and how to navigate two settlements with ease.

On the blog, we run you through what you need to know as an upsizer.

Find out more about Bridgit’s bridging loan products. Our blog features the latest tips, resources, market trends, and success stories.

17/07/2022

Would you rather carry home a week or groceries or get your groceries delivered to your door?

In case you need a refresher, we’re sharing a range of relatable, everyday scenarios and asking you to consider which option is built for today.

Here at Bridgit, we’re working hard to disrupt the way homeowners access property finance. We’re not taking short-cuts, but instead harnessing tech to help people access their dream home faster.

We know manual paperwork, queueing at bank branches and waiting weeks for loan approval don’t meet the needs of modern buyers. So, we built a digital bridging loan product that helps homeowners buy now and sell later.

We’ve pulled together an everyday scenario below and would love you to cast your vote using the reactions tool.

12/07/2022

Navigating a change in circumstances can be challenging, but getting the right property for your needs shouldn't be tricky.

Earlier this year, we helped Dora gain access to fast bridging finance to allow her to downsize to a stunning 3-bedroom unit on Sydney’s South Coast.

Our flexible lending criteria allowed us to take into account Dora’s change of employment and help her reach her tight settlement deadline in under a month.

Find out more about Dora’s success story on our blog:

Find out more about Bridgit’s bridging loan products. Our blog features the latest tips, resources, market trends, and success stories.

03/07/2022

Would you rather trek to a bank to deposit a cheque, or get paid back instantly with a bank transfer?

All of us want to work smarter, not harder.

But there are still stacks of services and products out there that aren’t built for today and make everyday tasks harder than they need to be.

We’re not fans of short-cuts. Instead, we’re all about harnessing the power of tech to streamline manual tasks and ensure we’re spending time on things that really matter.

So, we’re launching a content series to explain exactly what we mean. Get ready for a series of ‘Would You Rather’ scenarios that get you to pause and reflect on whether the services you’re using are actually built for today.

First up, we’re asking you to think about what’s the most logical way to get your mates or family to pay you back after footing the dinner bill. Go on, vote using the reactions tool.