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
Buying and selling a house at the same time is a common but complex juggling act. Understanding your options is key to a successful transition.
- Buying first with a conditional offer carries risks like a cash out clause and may require expensive bridging finance.
- Selling first is the simplest route, making you an attractive cashed-up buyer, though you might need to rent between homes.
- Juggling both involves listing your home while searching, aiming to align settlement dates.
Always seek independent legal advice before proceeding.
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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