Upgrading a House

What if you need to buy before you've sold?

This is one of the most common — and most stressful — timing issues homeowners face. If your new place comes onto the market before your current home sells, bridging finance can help close the gap.

There are generally two types of bridging finance:

Closed Bridging

Used when you already have confirmed sale and purchase dates — usually resolved within 6 to 12 months. This is the lower-risk, more straightforward option, since the finish line is already known.

Open Bridging

Used when your current home hasn't sold yet and no settlement date is locked in. This option requires stronger equity and a more robust financial position, since the timeline is less certain.

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Ready to Start Your Next Chapter?

Whether you're upsizing, downsizing, or simply relocating, we'll help you structure your finance so the move itself is the easy part.

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Frequently Asked Questions – Moving House

In many cases, yes. Some lenders allow you to transfer (or "port") your existing mortgage to your new property, subject to approval and lending criteria.
This depends on your financial situation and the current property market. Buying first may give you more flexibility but could require additional finance, while selling first provides certainty about your budget.
Yes. If you're purchasing a more expensive property, you may be able to increase your mortgage, provided you meet the lender's affordability and lending requirements.
In addition to your new mortgage, you should consider legal fees, property valuations, moving expenses, insurance, and any applicable lender fees.