There are many issues to consider when you are buying and selling a home at the same time. You aim is to get the highest selling price for your home, while not paying too much for the  new property you are buying.

Timing is also important, as ideally you want the buying process and selling process to be close together. The perfect situation would be where settlement on the new property occurs on or a few days before settlement on the old. This way you avoid having to move twice, which is costly and time consuming. If you’re property is not sold by the settlement period of your new property, you may need to take out bridging finance.