Bridging finance
Bridging finance allows you to buy your next property before selling your current one. WeBroke structures bridging loans to minimise risk and cost.
How bridging finance works
A bridging loan covers the gap between buying your new property and selling your existing one. It's typically a short-term loan (6–12 months).
Peak debt calculation
Your peak debt is the total of your new property loan plus your existing mortgage. Lenders assess your ability to service this combined debt.
Closed vs open bridging
Closed bridging has a fixed sale date (you've already sold). Open bridging has no fixed date — higher risk and typically higher rates.
Capitalised interest
During the bridging period, interest is often capitalised (added to the loan) rather than paid monthly, reducing cash flow pressure.
Risks to consider
If your property takes longer to sell than expected, or sells for less than anticipated, you may face financial pressure. WeBroke helps you plan for this.
Alternatives to bridging
Subject-to-sale contracts, extended settlement, or selling first may be alternatives. WeBroke helps you evaluate all options.
Need expert advice on bridging finance?
WeBroke's specialist brokers will assess your situation and recommend the best loan structure for your needs.
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