The situation
You've committed emotionally — and often contractually — to the next home. Pulling out costs money and momentum. But without a buyer for the existing property, the mortgage on the new one doesn't stack.
How we approach it
We arrange regulated bridging secured against either property (or both), calibrated to a realistic sale timeline. Rolled interest keeps monthly outgoings zero, and the redemption comes cleanly from the eventual sale proceeds.
What that looks like in practice
- Regulated bridging where your current home is the security
- Interest rolled up — no monthly payments during the bridge
- Typically 12-month term with early redemption without penalty
- Second-charge options if the existing mortgage should stay in place
- Direct broker line — no call-centre handoffs during a stressful move
Typical timeline
- Week 1Terms, valuations instructed on both properties.
- Week 2-3Underwriting, solicitor engagement, mortgage exit modelled.
- Week 3-4Drawdown and simultaneous completion on the onward purchase.
Common questions
Is chain-break bridging regulated?
When it's secured against your main residence, yes — the FCA regulates it, and lenders must treat you accordingly. That's the right route for most movers.
What if my house takes 12 months to sell?
Most terms are 12 months with the option to extend or refinance. We model a realistic sale window and stress-test the interest cost so nothing surprises you.
Can I avoid stamp duty surcharge?
Yes — if the old home sells within 36 months you can reclaim the surcharge. We flag this at outset so your solicitor factors it in.
Don't lose the onward purchase
A short call is usually enough to know if a chain-break bridge fits. Same day answers, regulated advice.