Buying your next home?

Start by speaking with a mortgage broker who specialises in upgrade home loans for existing homeowners. Our mortgage broker team assesses your current property value, calculates your usable equity, determines how much you can borrow across 35+ lenders, and secures pre-approval. Whether you are upsizing, downsizing, or relocating, buying your next home begins with understanding exactly how much equity you can access and what stamp duty estimate applies to your target price range.

Get your current property valued, calculate your usable equity through a home equity release assessment, secure pre-approval with a mortgage broker, decide whether to sell first or use a bridging loan, search for your next property, make an offer via private treaty or auction, get formal approval, and proceed to settlement.

Pre-approval for an upgrade home loan with equity assessment can be completed within days. Once you find a property, settlement typically takes 42 days. If selling a home and buying another simultaneously, timing depends on coordinating both transactions. A bridging loan or deposit bond provides flexibility. The total process of buying your next home usually spans 1 to 4 months from first mortgage broker consultation to settlement.

Full stamp duty applies when buying your next home (no first home buyer exemptions). On a $1,000,000 property, stamp duty is approximately $40,490. On $1,500,000 approximately $66,240. Your stamp duty estimate depends entirely on your purchase price. Our NSW stamp duty guide has the full rate table.

Use the Revenue NSW stamp duty calculator online for an exact stamp duty estimate, or ask us during your free consultation. We factor stamp duty into your total budget alongside legal fees, inspections, and moving costs so there are no surprises when buying your next home.

Yes. The Revenue NSW stamp duty calculator gives you an instant stamp duty estimate for any purchase price. We recommend getting a stamp duty estimate early so you can factor it into your equity release calculations. Stamp duty is one of the largest upfront costs when buying your next home and must be paid at settlement.

Yes. A mortgage broker compares products from 35+ lenders, which is especially valuable when buying your next home because the transaction involves equity release, possible bridging finance, and loan restructuring. A mortgage broker also knows which lenders provide the highest property valuations, directly increasing your usable equity.

For existing homeowners seeking an upgrade home loan, a mortgage broker provides equity release assessments, arranges bridging finance, structures loans for tax efficiency when keeping investment properties, coordinates simultaneous settlements when selling a home and buying another, negotiates premium rates, and advises on loan portability, deposit bonds, and capital gains tax implications. Banks simply do not offer this level of guidance.

$0. The lender pays the mortgage broker commission (typically 0.45% to 0.65% of the loan value). You get expert guidance on equity release, stamp duty estimates, bridging finance, and loan comparison at zero cost. A mortgage broker is legally bound by the Best Interests Duty. Meet our team.

An equity release (also called a cash-out refinance) lets you access value built up in your property without selling. You refinance your existing mortgage for a higher amount and withdraw the difference as cash. If your home is worth $800,000 and you owe $350,000, an equity release could give you access to up to $290,000 (at 80% LVR) to use equity for a deposit on your next home.

Most lenders allow a home equity release up to 80% of your property value without LMI. The formula: (property value x 0.80) minus remaining mortgage = usable equity. Some lenders allow up to 90% with LMI. Using a mortgage broker across 35+ lenders maximises your home equity release. Use our home equity calculator.

A home equity release increases your total debt, meaning higher repayments. If property values decline, your equity shrinks. If interest rates rise, repayments increase on a larger loan. We run detailed serviceability calculations across multiple lenders to ensure any equity release is financially sustainable before proceeding.

Yes. This is one of the most common strategies. You refinance your current property to release usable equity, then use equity for a deposit on the new property without needing additional cash savings. The released equity can also cover stamp duty and other purchase costs.

You need enough usable equity to cover a 20% deposit plus stamp duty and costs. On a $1,000,000 property: $200,000 deposit plus approximately $40,490 stamp duty plus $5,000 to $10,000 other costs = approximately $250,000. Professionals may qualify for LMI waivers at higher LVRs.

Yes. That is precisely what a home equity release enables. You keep your current property (as your home or as an investment) and use equity for a deposit on the new purchase. You will have two loans, so your mortgage broker ensures your borrowing power supports both.

Whether you are upsizing for more space or downsizing to simplify, the sell or buy first decision depends on your financial position. Selling first gives budget certainty but requires temporary accommodation. Buying first with a bridging loan secures your next home without pressure but involves higher short-term costs. A third option is keeping your current home as investment. Your mortgage broker can model all three scenarios and show you how much you can borrow under each approach when selling a home and buying another.

Selling costs include agent commission (1.5% to 2.5%), marketing, legal fees, and potential capital gains tax if the property was not your primary residence. Buying costs include stamp duty (use a stamp duty calculator for your figure), legal fees ($1,500 to $3,000), building and pest inspections ($500 to $800), loan fees, and possibly a deposit bond fee if you need to secure the property before your equity is released. Our mortgage broker team provides a complete cost breakdown during your free consultation.

Options include negotiating matching settlement dates, using a bridging loan, using a deposit bond to secure the property before your equity is released, requesting extended settlement on your purchase, or arranging a rent-back after sale. Your mortgage broker coordinates with your solicitor and agent to align everything when selling a home and buying another.

A bridging loan is short-term finance covering the gap between buying your next home and selling your current one. Interest is typically capitalised during the bridging period so you do not make separate repayments. The loan is repaid from the sale proceeds of your current property.

Yes, provided your borrowing power supports both loans. You use equity for a deposit on your next home and convert your current home to a rental investment property. Rental income helps service the existing loan. Capital gains tax may apply when you eventually sell the investment, though the six-year CGT exemption may help. Some lenders offer loan portability so you can transfer your existing loan to the new property. Our mortgage broker team structures everything for tax efficiency.

How much you can borrow for an upgrade home loan depends on your income, existing debts (including current mortgage), living expenses, and the lender's serviceability assessment. If keeping your current property, rental income is assessed at 80% of market rent. Each lender calculates borrowing power differently, which is why using a mortgage broker across 35+ lenders maximises how much you can borrow. Use our mortgage repayment calculator to estimate repayments.

Often yes. Whether you are upsizing or downsizing, existing homeowners with equity typically qualify for better home loan mortgage rates because you represent lower risk to lenders. A larger deposit from your equity release usually means a lower interest rate on your upgrade home loan. A mortgage broker compares rates across 35+ lenders to find the most competitive deal when buying your next home.

Only if your deposit is less than 20% of the new property value. If you can use equity for a deposit of 20% or more, no LMI is required. Certain professionals qualify for LMI waivers at up to 90% LVR.

Yes. As a home loan broker operating Australia-wide, we help you buy your next home in any state. Stamp duty rates vary by state, so your stamp duty estimate will differ. We manage location-specific lender policies and coordinate with interstate solicitors for smooth settlement.