Already Own Separate Homes?

If you and your partner already own separate homes

This may make buying a new place slightly more difficult.

Assuming you want to use the sale of both homes to finance your new one, you’ll need to sell both at the same time.

The likely delays involved in buying and selling property can cause extra angst at what may be a difficult time anyway. (See what causes delays)

You could move into one of the existing homes – and hope the lack of space and the old partner lurking around doesn’t put too much of a strain on your relationship – or you could look into getting a Bridging loan.

 

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