Buying guide
Guide: Selling & buying a house at the same time
We break down what you need to consider when buying and selling at the same time.
AI summary
Navigating the process of buying and selling a home at the same time can be complex. This guide outlines your options based on your risk comfort level.
Buying first with a conditional offer is popular but carries risks like a cash out clause. Bridging finance can cover the gap but is often expensive.
Selling first makes you a more attractive, cashed-up buyer, though it may require renting. Juggling both simultaneously aims to align settlement dates for a smooth, direct move.
Option one: Buying first
Things to keep in mind:
How do bridging loans work?
Moving is a massive job. Taking the time to decide which financial path suits you best helps ensure this 'juggling act' ends with a successful settlement day
Option two: Selling first
Option three: Buying and selling at the same time
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