Buying Your Next Home

Moving to your next home is a big step — and it doesn’t have to be stressful.

Whether you’re upsizing, downsizing, getting closer to schools, or simply ready for a change, buying your next home comes with more moving parts than your first purchase. You might still have a current mortgage, you may not have sold yet, and timing suddenly matters a lot.
At Loanworx, we help upgraders plan their next move with confidence. With access to over 40 lenders and thousands of loan products, we’ll help you choose a strategy and a next home loan that fits your lifestyle, not just the bank’s checklist.

Why Choose Our Next Home Loan Service?

At Loanworx, we make upgrading to your next home simple, strategic and as stress-free as possible. We understand that upgraders are in a different position to first home buyers — you already have a home, a loan and a life to juggle while you plan your next move.

Our brokers specialise in this “in-between” stage. We look at your full situation — your home, equity, debts, income, family plans and long-term goals — then map out finance options that let you move smoothly, without unnecessary pressure. You’ll get clear explanations, realistic numbers and a roadmap that shows how your next move could work in practice.

What Sets Us Apart?

Experience helping upgraders buy, sell and move with confidence
A full review of your current home loan before we recommend any change
Clear strategies for buying before you sell, selling first or keeping your current home
Advice on using equity safely to fund your deposit and costs
Guidance on whether to stay with your current lender or switch
Support coordinating with your conveyancer and other professionals

Why It Might Be Time to Buy Your Next Home

If you’ve been in your current home for a while, it might be the right time to ask whether it still fits your life — and whether your home loan still fits your plans.

Many clients come to us to buy their next home for reasons such as:

Needing more space for a growing family
Downsizing to reduce repayments or maintenance
Moving closer to schools, work or family
Wanting a different lifestyle or location
Turning their current home into an investment property

Even if the idea of moving feels a bit overwhelming, we’re here to do the heavy lifting on the finance side so you can focus on choosing the right home.

Why Act Now?

Planning early can make your next move much easier. Understanding your borrowing capacity and options before you start attending inspections helps you avoid disappointment and puts you in a stronger position when you find the right place.

By getting advice now, you can work out how much you can comfortably borrow, whether it makes more sense to sell first, buy first or explore bridging finance, and how much equity you can safely use as a deposit. It also means you’re less likely to feel rushed into decisions around contracts, timing and settlement.

The earlier you talk to us, the more options you usually have — and the clearer and more confident your plan will feel.

Things You Should Know About Buying Your Next Home

Buying your next home can be exciting and rewarding, but there are some extra moving parts compared with your first purchase.

Potential Benefits:

Use equity in your current home to boost your deposit
Move into a property that better suits your lifestyle, family or work
Potentially keep your current property as an investment
Restructure debts and improve your long-term loan setup
Align your home and loan with your long-term financial goals

Things to Watch:

Managing two loans (even temporarily) can impact cash flow
Your current home may sell for more or less than expected
Bridging finance comes with time limits and specific conditions
Lenders assess rent, equity and new repayments differently
Buying and selling costs (stamp duty, agent fees, legal costs, moving) add up

We’ll walk you through these factors in simple language so there are fewer surprises along the way.

Banks and Lenders

It’s important to us that we offer a wide range of lender options when you’re buying your next home. With access to over 40 lenders and more than 1,500 loan products, we can compare your current bank with other options to find the most suitable next home loan for your situation. Whether you’re staying with your existing lender or switching to a new one, our brokers will match you with lenders that align with your goals, cash flow and plans for the future.

How Loanworx Helps Upgraders

When you’re buying your next home, there’s a lot to juggle. Our job is to take the guesswork out of the finance side and keep everything on track.

We help you:

Compare home loan options between your current lender and new lenders
Work out the best loan structure for your next home
Avoid avoidable fees and unnecessary complexity
Manage the finance conditions on your contract
Coordinate with your conveyancer and other professionals

You’ll have a dedicated broker you can talk to whenever questions pop up.

How to Buy Your Next Home With Loanworx

Step 1: Initial Chat & Strategy

We discuss your current home, equity, income and goals for your next home. We’ll outline possible strategies (sell first, buy first, keep & invest, bridging, etc.).

Step 2: Numbers and Pre-Approval

We crunch the numbers for borrowing capacity and repayments, then seek pre-approval for the strategy that suits you best.

Step 3: Find Your Next Home

Once pre-approval is in place, you can search with confidence, knowing your price range and loan setup.

Step 4: Contracts, Settlement & Move

We manage the finance side for your purchase (and sale, if relevant) right through to settlement, so you can focus on the move itself.

Speak to a Property Loan Specialist

Frequently Asked Questions

Can I buy my next home before I sell my current one?

Possibly. Bridging finance or strong equity and servicing can make this feasible. We’ll assess your numbers and explain the risks and requirements so you can make an informed choice.

How much can I borrow for my next home?

Your borrowing power depends on your income, existing debts, living expenses and how your current home – and any rental income – will be treated by lenders. We’ll calculate this upfront so you know your realistic budget.

Can I keep my current home as an investment?

If your income, equity and cash flow are strong enough, you may be able to keep your current property and buy your next home. We’ll run through lender policies, rent estimates and costs so you can see if the numbers work.

What happens if my current home sells for less (or more) than expected?

We’ll stress-test different sale price scenarios. If you sell for less, you may need to adjust your next purchase price or loan structure. If you sell for more, you might have extra options for your deposit or debt reduction.

Is it harder to get a loan when I’m upgrading?

Not necessarily — but there are more moving parts to consider. With the right planning and a clear strategy, many upgraders find the process smoother than they expected.

Ready to Start Planning Your Next Home?

If you’re thinking about buying your next home in the next 6–12 months, now is the perfect time to explore your options and get a clear plan in place.

Call us on 1300 562 696and one of our brokers will be in touch.

Talk to Us

Ready to talk finance?

It’s what we do best. Call us now on 1300 562 696 or fill in the below form to speak to one of our highly skilled brokers.