Selling your Home and Buying Another
Trying to co-ordinate the sale of an existing property with the purchase of a new one can be stressful. If you don't synchronise the two, you can end up needing expensive bridging finance, or you might be unable to secure the new place you want. But there is a better way to manage your finances between buying and selling. Mastercash can show you how you can buy your new property before you have sold the existing one.
Here's how it works...
You repay the loan when you sell your existing property - usually up to 6 months when you buy an existing property. If you are building - you have 6 months to build your new home and a further 6 months to sell your existing home.
We can help you secure:
- The deposit on the new property straight away
- The balance at settlement
- Even additional expenses such as stamp duty and removalist expenses
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