Upgraders

Upgrading to a new home is both exciting, emotional and financially challenging; you must have a clear strategy to pull it off.

How we help

‍

Whether you need more space, want to move to a new location or feel ready to move into your forever home, our strategic process will help you calmly consider your options while also providing a clear path on how to approach it best.

We understand the challenge of knowing what to do: excitement yet total uncertainty.

Questions running through your mind

Can we afford to do it?

Should we renovate our home instead?

How do we borrow safely and avoid overextending?

Is it smart to upgrade now or later?

Is the move worth it financially and emotionally?

Should we sell first or
buy first?

Do we need bridging finance?

What happens if we don't sell for what we want?

When upgrading, there's a lot to consider. You need to evaluate all strategies and determine, based on your specific circumstances, which one is best for your family.

‍
We explore these scenarios:

Buy first with the
ability to keep

Most advantageous, however, few are in a position to make it happen due to the financial position required.

Buy first, but
forced to sell soon

Bridging loans enable you to purchase a new home with the assurance that you have up to 12 months to sell your current property.

Buy first with a quick sale

Buy on a longer settlement, usually 90-180 days, and sell your current home immediately after purchase.

Sell first and buy later

Selling for an acceptable price, knowing you can buy one at an unusually higher price.

Mortgage Advice

There is more to mortgages than fees and rates; we understand what makes great mortgage advice, and we have a clear culture that provides best practice guidance.

There are many loan options to consider, and banks approach upgrade loans in confusing ways. Once we determine the best strategy, we will help you navigate to the optimal loan structure to protect you best and make it happen.

We will often consider:

Equity Release

Release equity from your home and obtain pre-approval to purchase without needing to sell.

Bank Bridging Loans

Bank lenders will allow you to buy with a bridging loan that gives you up to 12 months to sell your home.

Private Lender Bridging

Private Lenders as a last resort if you require bridging finance due to challenging circumstances.

Longer Settlement

Obtain pre-approval before selling, allowing you to buy but having a forced sale settlement date

Pre-Approval

Loan approval before selling, to give you confidence post-sale, your maximum purchase price

Debt Recycling

Maximise future tax efficiency and flexibility with the proper structure from day one.

Ryan O’Hare, CEO

"I’m more than happy to provide a testimonial for Chris and the team at Alcove. They’re all legends, and they’ve made me and my family’s lives better through association with them. Chris, Ben and team have partnered with my wife and I to purchase 3 properties in the last 5 years. I say ‘partner’ cos that’s what they’ve done. There can’t be better firms than these guys out there. Give them whatever award you have, and more."

Owen Raszkiewicz, Founder, The Rask Group

“Alcove saved us: we had seven days to settle and no loan approval. They got the deal done and the team have been the long-term partner for the whole Rask business since 2022”

Lucy Briggs, Head of Marketing, Schroders

“As a broker Alcove help demystify and lighten the mortgage process; but as an advice partner they are so much more - helping us debate areas, properties and strategies to secure the future we want”

Carlos Cacho, Economist, Macquarie Group

“Alcove have been our go-to for understanding the mortgage and property market, and have personally provided my family with complex mortgage strategy advice for many years”

Bryce Leske, Co-Founder Equity Mates

“Alcove challenged our thinking on many levels; stopping us from buying the wrong property and ultimately, helping us buy the right one”

Amy, Operations Lead, First Home Buyer

“Alcove helped us buy our first home while navigating a move outside of Sydney. It was confusing to know what to do, but they gave us the confidence to make it happen”

Listen to our podcast Australian Property Podcast

We’ve got time to talk

Book a chat with one of the team, and we’ll take it from there.

Upgraders

Questions running through your mind

Can we afford to do it?

Should we renovate our home instead?

How do we borrow safely and avoid overextending?

Is it smart to upgrade now or later?

Is the move worth it financially and emotionally?

Should we sell first or
buy first?

Do we need bridging finance?

What happens if we don't sell for what we want?

When upgrading, there's a lot to consider. You need to evaluate all strategies and determine, based on your specific circumstances, which one is best for your family.

‍
We explore these scenarios:

Buy first with the
ability to keep

Buy first, but
forced to sell soon

Buy first with a quick sale

Sell first and buy later

Mortgage Advice

There are many loan options to consider, and banks approach upgrade loans in confusing ways. Once we determine the best strategy, we will help you navigate to the optimal loan structure to protect you best and make it happen.

We will often consider:

Equity Release

Bank Bridging Loans

Private Lender Bridging

Longer Settlement

Pre-Approval

Debt Recycling

“Alcove saved us: we had seven days to settle and no loan approval. They got the deal done and the team have been the long-term partner for the whole Rask business since 2022”

“As a broker Alcove help demystify and lighten the mortgage process; but as an advice partner they are so much more - helping us debate areas, properties and strategies to secure the future we want”

“Alcove have been our go-to for understanding the mortgage and property market, and have personally provided my family with complex mortgage strategy advice for many years”

“Alcove challenged our thinking on many levels; stopping us from buying the wrong property and ultimately, helping us buy the right one”

“Alcove helped us buy our first home while navigating a move outside of Sydney. It was confusing to know what to do, but they gave us the confidence to make it happen”

Listen to our podcast Australian Property Podcast

We’ve got time to talk

Fortnightly insights in your inbox.

Selected Awards

2024 The Adviser

2024 MPA

2024 MFAA Excellence

Upgraders

Questions running through your mind

Can we afford to do it?

Should we renovate our home instead?

How do we borrow safely and avoid overextending?

Is it smart to upgrade now or later?

Is the move worth it financially and emotionally?

Should we sell first or buy first?

Do we need bridging finance?

What happens if we don't sell for what we want?

When upgrading, there's a lot to consider. You need to evaluate all strategies and determine, based on your specific circumstances, which one is best for your family.‍We explore these scenarios:

Buy first with the ability to keep

Buy first, but forced to sell soon

Buy first with a quick sale

Sell first and buy later

Mortgage Advice

There are many loan options to consider, and banks approach upgrade loans in confusing ways. Once we determine the best strategy, we will help you navigate to the optimal loan structure to protect you best and make it happen.We will often consider:

Equity Release

Bank Bridging Loans

Private Lender Bridging

Longer Settlement

Pre-Approval

Debt Recycling

“Alcove saved us: we had seven days to settle and no loan approval. They got the deal done and the team have been the long-term partner for the whole Rask business since 2022”

“As a broker Alcove help demystify and lighten the mortgage process; but as an advice partner they are so much more - helping us debate areas, properties and strategies to secure the future we want”

“Alcove have been our go-to for understanding the mortgage and property market, and have personally provided my family with complex mortgage strategy advice for many years”

“Alcove challenged our thinking on many levels; stopping us from buying the wrong property and ultimately, helping us buy the right one”

“Alcove helped us buy our first home while navigating a move outside of Sydney. It was confusing to know what to do, but they gave us the confidence to make it happen”

Listen to our podcast Australian Property Podcast

We’ve got time to talk

Fortnightly insights in your inbox.

Selected Awards

2024 The Adviser

2024 MPA

2024 MFAA Excellence

Should we sell first or
buy first?

When upgrading, there's a lot to consider. You need to evaluate all strategies and determine, based on your specific circumstances, which one is best for your family.

‍
We explore these scenarios:

Buy first with the
ability to keep

Buy first, but
forced to sell soon

There are many loan options to consider, and banks approach upgrade loans in confusing ways. Once we determine the best strategy, we will help you navigate to the optimal loan structure to protect you best and make it happen.

We will often consider: