House purchase loan

[parn52]

Good evening.

I currently owe £40k on a house on the market at £280,000
Ive seen an house which is absolutely perfect for us and is on for £345,000, I have a mortgage in principle for the difference once my current house sells, however I’m a little panicky about losing this other house.
Houses in this area usually sell within days/couple of weeks and both mine and the house im after are in the same area
My question is, is their a service out there I could take advantage of which would lend me the £235k against my current house until it sells

The typical loan or second mortgage is out of the question as I simply won’t pass the affordability checks,

[randlemarcus]

They not do bridging loans any more? Perfect for you, but also highly risky, if you house fails to sell smoothly or fast. I think my parents took an £100k bath on one back when.

[dalenorth]

Yeah a bridge might sort that. Pm if you want any help?

[usn90]

Would a bridging loan not upset the mortgage application?

[usn90]

dalenorth said:

Yeah a bridge might sort that. Pm if you want any help?

How do I pm you?

I can see an email tab when I select your user I’d?

[usn90]

I’m in the same boat as the op, sorry to hijack