If you’re buying a new home while your old home is on the market, you may be asking yourself, “what if we don’t sell before we buy the new place?”. This is where the caveat loan (also known as a bridge/bridging loan) comes in – it’s a safety net that lets you move into your new home while you wait for your old home to be bought.
While caveat finance can be a great solution, there are a number of factors that come into play, such as the equity of your old home, the time between selling your old home and buying the new one, as well as what kind of interest you can obtain. It’s a delicate balancing act, so you’d better do your homework – if you’re going it alone.
That’s why getting us to do the legwork is a good idea. We have access to the best caveat loans from all the big name financial lenders and banks – we’ll crunch the numbers, dot the i’s and cross the t’s:
So whether you need a caveat loan for residential or commercial purposes, we make applying for and getting the best caveat loans easy.
Get in touch with us by filling out our quick and easy 2 minute loan enquiry form.