Get your proceeds in 48 hours instead of waiting three months for the deeds office.
Bridging finance
Transfer in South Africa routinely takes eight to twelve weeks. Bridging finance releases a portion of your proceeds early, so you can pay a deposit, settle rates and taxes, cover a move or fund the next purchase without waiting for the deeds office.
What is included
Seller and agent advances
Access part of your net proceeds once the sale is unconditional, or draw commission on a lodged transfer instead of waiting for registration.
Clearance and compliance costs
Fund the municipal clearance figures, levies and compliance certificates that hold up transfer while you're waiting for proceeds.
Repaid on registration
The advance and its cost are settled directly by the attorney out of the proceeds. There's nothing further for you to pay across.
How the process runs
- 01Confirm the sale is unconditional and the bond is approved
- 02Transferring attorney confirms the expected net proceeds
- 03Advance amount and cost agreed in writing
- 04Funds paid out, usually within 48 hours
- 05Settled by the attorney on registration
What to have ready
- Signed offer to purchase or sale agreement
- Attorney details and confirmation of instruction
- Bond cancellation figures on the property being sold
- Identity document and proof of bank account