Help guide
Bridging loans: rough sketch of how they work
High-level explanation of bridging while you sell and buy — limits, peak debt, valuation timing and exit — not product advice.
Why bridging exists
It covers the gap between buying a new property and settling the sale of your existing one — you temporarily carry higher debt.
Peak debt and interest treatments differ — sometimes capitalised until sale — always read the credit schedule.
Risks
If your sale stalls, you carry two properties’ costs — have a fallback plan (rent/price revision) and valuation buffers.
Not every lender offers bridging — product choice is narrower than standard home loans.