Tell us where you are and where you want to be. We will map out the numbers.
A short, honest assessment from Jason or Steve. We calculate your equity, buying power for your next home, and whether you need a bridging loan - and reply within one business day. No fee from us - the lender pays us when your loan settles.
Steve does the legwork. Your part is one 15-minute call.
Steve calculates your equity, models selling first against buying first with a bridging loan, compares 60+ lenders for the new loan and coordinates settlement timing with your agent and conveyancer.
Over 8 years in finance, known for his patience and for making an overwhelming process feel manageable.
Upgrading means selling your home and buying your next one at the same time.
We map out the whole picture first.
- Equity assessment - how much equity you have and how it translates to deposit on the next purchase.
- Simultaneous settlement - where possible we align settlement dates to minimise double-mortgage exposure and avoid short-term accommodation.
- Bridging loan modelling - if you want to buy before selling, the exact cost of a bridging loan and whether it makes financial sense.
- Loan structure - offset features and flexibility, particularly important when managing two transactions at once.
Neither option is universally better.
- Selling first gives you budget certainty, but you must find your next home quickly and often need temporary accommodation.
- Buying first with a bridging loan takes the rush off your current home, but your budget depends on the sale price you achieve.
- Bridging means a double mortgage during the bridging period, with bridging interest on the peak debt.
- A lower sale price than expected reduces your equity and may mean a higher LVR on the new loan, potentially triggering LMI.
The right choice depends on your equity, income, risk tolerance and the current market. We model both pathways, including the exact cost of bridging, before you commit to either approach.
The Lendology process, from your equity to settlement
Your equity and position
We calculate your current equity and whether you need to sell first or can buy at the same time.
Sell first or bridging
We model both options and show you the real cost and risk of each.
60+ lenders compared
Rate, offset features and lender policy, structured to suit your financial position.
Manage the transition
We coordinate pre-approval, formal approval and settlement timing with your agent and conveyancer.
What clients say
The questions people ask us
Should I sell before I buy?
It depends on your financial position, risk tolerance and the current market. Selling first gives you certainty on your budget but may mean renting in between. Buying first gives more timing flexibility but requires a bridging loan or long settlement. Lendology models both options for your specific situation.
What is a bridging loan and do I need one?
A bridging loan is short-term finance that allows you to buy your next property before your current home settles. It is useful when you need to move without waiting for your sale to complete. Lendology assesses whether bridging makes financial sense for you - the costs can be significant and it is not always the right choice.
How much equity do I need to upgrade?
The equity available depends on your current property value and remaining mortgage balance. Lendology calculates your exact equity position and how it translates to deposit on the next purchase - including whether you need to fund a gap and how to structure that.
Can I keep my existing loan when upgrading?
In some cases you can port your existing loan to the new property, retaining your current rate and features. Whether this makes sense depends on your lender's portability policy and whether your current rate is still competitive. Lendology reviews both options.
How much does stamp duty cost when upgrading in SA?
Stamp duty in SA is calculated on the purchase price of your new property. On a $1.2M property, stamp duty is approximately $59,800. If you are buying before selling, this needs to be factored into your borrowing. Lendology includes stamp duty in every upgrading cost model.
Can I use my existing offset account balance as part of my deposit?
Yes. Offset account funds, redraw funds and savings can all contribute to your deposit on the next purchase. Lendology calculates your total available funds across all accounts when modelling your upgrading position.
What happens if my property sells for less than expected?
If your property sells below your expected price, it reduces the equity available for your next purchase. This may mean a higher LVR on the new loan, potentially triggering LMI. Lendology stress-tests your numbers against a range of sale prices so you are prepared for different outcomes.
Do I need to pay LMI when upgrading?
It depends on your equity position. If the sale of your current property provides enough deposit for the new purchase to be at or below 80% LVR, no LMI is required. Lendology models this precisely so you know before you commit.
Do your own homework
Ready to make your next move?
We map out the whole picture before you start, so you are not making decisions under pressure. No obligation, just clear advice.
No fee from us. The lender pays us when your loan settles.