Buying a new home while selling your current one is often a delicate balancing act. Coordinating timing, securing the deposit, and managing the financial pressure can make even the most exciting upgrade feel stressful. For one New Zealand homeowner, this was exactly the challenge they faced. The excitement of finding their dream home was tempered by the rigidity of traditional lending options, and without a flexible solution, they risked missing out.
The client had already achieved two major milestones:
An unconditional offer on their current property
Full finance approval for their new purchase
But there was a hurdle; they were short on the deposit needed to secure their next home.
“For a variety of reasons the banks couldn’t help, nor could we negotiate it down,” said Scott, their Mortgage Adviser. Without a solution, the opportunity to upgrade could easily have slipped away.
That’s when Scott contacted Equity Now for the first time. Within just two business days, bridging finance was approved and settled, giving the clients the confidence to move forward without waiting for their existing sale to be finalised.
“From my point of view as an Adviser, they were quick, professional, and a pleasure to work with,” said Scott. “The clients reported the same, and also really appreciated the personal communication from Equity Now.”
Equity Now is the latest smart funding solution from List Now. With a mission to support New Zealand agents and vendors alike, Equity Now provides access to up to $250,000 before settlement, with no repayments required until the sale of the current property is complete.
Equity Now offers the freedom to act on opportunities without being restricted by big corporate banks, like in this case. This flexibility allows homeowners to cover deposits, manage renovations, or simply ease the financial strain of moving, making the transition smoother and far less stressful. Backing the service is a dedicated team ready to guide and support homeowners and agents every step of the way.
If you’re looking to help your clients navigate the complexities of selling and buying simultaneously, Equity Now offers a practical solution. Just as Scott was able to secure a smooth outcome for his homeowners, having access to funds before settlement can provide crucial financial flexibility and reduce stress during the transition. For more information, contact the Equity Now team.