Upsizers and Downsizers
Plan both moves before you bid on the next home. Your Next-Home Blueprint and broker work out whether to sell or buy first, your equity, any bridging finance and the timing across both homes.
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Upsizers and Downsizers
Bridging and equity rules differ, so access to a panel of 75+ lenders keeps your move open.
Upsizing and downsizing loans, from sale to settlement
Whether you’re moving up for space or down for freedom, your broker plans the finance around both homes, your equity and your timing.
Selling first
Selling first locks in your price but leaves a gap to cover. Your broker plans a longer settlement, a rent-back or a short rental, with the next loan ready.
Borrowing for the next home
Lenders test your repayments at your rate plus a 3% buffer. Your broker works out what you can borrow for the next home, and what stays comfortable after the move.
Downsizing
55 or over and selling a home you’ve owned 10 years? You may be able to add up to $300,000 each to super. Your broker plans the smaller loan with your accountant.
Your home’s equity
Lenders usually lend up to 80% of your home’s value without LMI. Your broker works out how much of your current home can fund the deposit on the next one.
Buying before you sell
Buy first and a bridging loan carries both homes, usually for 6 to 12 months. Your broker works out your peak and end debt, and what happens if the sale runs late.
After the move
Once the old place sells, your broker checks the final loan is set up as planned. Brokr Bettr Loan Care then checks in every six months as you settle into the new home.
Better to know
The gap between your sale and your purchase isn’t the whole cost of moving. Stamp duty on the next home, agent’s commission on the sale, legal fees and removals come on top. Your broker puts them all in the numbers before you list or bid.
Frequently asked questions
Should we sell first or buy first?
It depends on your market, your equity and how long you could carry two loans. Buying first usually means bridging finance; selling first means somewhere to live in between. Your broker runs both with your numbers before you commit.
How does a bridging loan work?
It lets you buy before you sell. The lender looks at your peak debt while you hold both homes and your end debt once the old one sells, usually over 6 to 12 months. Interest is charged throughout, so the sale price and timing matter.
How much can we borrow for our next home?
It depends on your income, debts, living costs and the equity you bring, and lenders test you at your rate plus a 3% buffer. Your broker shows a realistic range across lenders, then the amount that’s comfortable, not just the maximum.
Can we keep our current home as an investment?
Possibly. Lenders look at the rent it could earn and whether you can hold both loans, and the negative gearing changes from July 2027 are worth raising with your accountant. Your broker checks whether you can hold both before you decide.
How is our broker paid when we move?
The lender pays us a commission when your new loan settles, and usually an ongoing commission after that. We tell you what we’ll be paid before we recommend anything, and put the reasons for the loan in writing.