Move First Finance › Do I need a deposit to buy before I sell?

Do I need a deposit to buy before I sell?

Often your equity acts as the deposit. Because bridging lends against both your current home and the new one, the equity in your existing home can cover the deposit and costs, so you may not need separate cash savings.

Written by Ross McFarlane, Licensed Mortgage Broker (Credit Representative 526725). About the author

Why this matters

This is one of the appeals of bridging: your existing equity does the work a cash deposit normally would. If you have solid equity in your current home, it can fund the deposit on the new one within the bridging structure. Whether it is enough depends on both property values and your end debt, which a broker can calculate for you.

The key points

Your existing equity often acts as the deposit.
Bridging lends against both properties.
You may not need separate cash savings.
Whether it is enough depends on the figures.

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Last reviewed: June 2026

General information only. This page provides general information about home loans and is not financial or credit advice, a quote, or a guarantee, and your personal circumstances have not been considered. Lending policies, interest rates, fees and eligibility vary by lender and change over time. Always confirm your own situation with a licensed mortgage broker or lender before acting. Ross McFarlane (Credit Representative 526725) is an authorised Credit Representative of Australian Associated Advisers Pty Ltd t/a Keylend, Australian Credit Licence 392169.