Buy and Sell your House
Buy and Sell your House
Moving to your next home is exciting, but buying and selling at the same time takes careful planning. The timing, the finance and the settlement dates all need to line up. At Mike Whittaker Mortgages, we help you plan the move so it goes as smoothly as possible.
Buy first or sell first?
Sell first. You’ll know exactly how much you have to spend and won’t risk owning two homes at once. The downside is that you may need somewhere to stay if you haven’t found your next place by settlement.
Buy first. You can secure the home you want without rushing, but you’ll need a plan in case your current home takes longer to sell than expected.
Buy and sell together. Making your purchase conditional on selling your home, or lining up the settlement dates, can reduce the risk, but it takes good timing.
We’ll talk through your situation and help you choose the approach that suits you.
How we can help
Know your budget. We’ll work out how much you can borrow for your next home, based on your equity and income.
Bridging finance. If you buy before you sell, we can arrange short-term finance to cover the gap.
Your existing mortgage. We’ll check whether you can move your current loan to the new property, and what break fees may apply if you can’t.
Finding the right lender. Your current bank may not be the best fit for your next move. We’ll compare options across a range of lenders.
Settlement timing. We’ll work with you, your lawyer and the bank to line up the settlement dates and make sure everything is in place on the day.
Planning your next move?
Talk to us before you list your home or make an offer. Book a free consultation and we’ll help you work out the best way to make the move.
📞 021 579 324
