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I currently have an outstanding mortgage for a private property but am looking to buy a larger place and can't affort a second mortgage and/or the 40% downpayment. What should I do if I can't time it perfectly, i.e. sell my current place before buying a new one? Are there any bridging loans I can take out?
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Catherine PANG
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unless you have fully paid the 1st property, otherwise,at the moment be ready for 40/60 payment on next property.
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