In today’s fast-paced property market, timing is everything. If you’ve found your dream home but haven’t yet sold your current one, bridging finance NZ could be the solution. At SK Financial Group, we provide tailored bridge financing mortgage options that let you move forward confidently, even before settlement. Whether you’re upsizing, downsizing, or relocating across Auckland, we help Kiwis avoid the financial stress of mismatched sale and purchase dates.
Bridging finance in Auckland or anywhere in NZ is useful when you're in between homes. If you're upgrading, relocating, or purchasing off the plans, bridging loans allow you to secure the new home while still owning the current one, reducing stress and time pressure.
In New Zealand, bridging finance allows you to own two properties temporarily. You borrow the equity tied up in your current home to secure your next one. Once your existing home sells, the bridging loan is repaid using the sale proceeds.
There are two main types of bridging finance NZ offers:
Yes, major banks like ANZ, ASB, and Kiwibank offer bridging finance options, but approval can be strict. At SK Financial Group, we help clients explore bridging finance on property even when traditional banks say no.
Bridging finance can be helpful but comes with risks. You may face higher interest rates, especially with open bridging loans. If your property takes longer to sell, you’ll need to cover both loans longer than expected. SK Financial Group ensures you understand all scenarios upfront.
Ongoing Support – We will assist you until your current home is sold and the bridging loan is repaid.
Secure Your Next Home Without the Stress
Need to buy before you sell? Our bridging finance solutions make it possible. Let’s talk about how we can help you move forward with confidence.
Bridging finance is a short-term loan that helps you buy a new property before selling your existing one. It covers the gap in timing and gives you financial flexibility during the transition.
Most bridging finance NZ terms last up to 6 months, but some lenders may offer terms up to 12 months, depending on your situation and repayment plan.
It’s possible, but you’ll need strong equity and a solid exit strategy. Some lenders may require proof of intent to sell or additional security on the loan.
Bridging finance NZ rates are usually higher than standard mortgage rates and often on floating terms. However, interest-only payments are common during the bridging period.
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