property bridging

Selling property doesn’t always go as smoothly as it should and transfer delays can cause sellers cash flow issues. Fortunately, property bridging finance can offer financial relief during this stressful time.

What is a property bridging finance?

Property bridging finance is short term cash that is based on the anticipated proceeds from a property sale. This can help you cover expenses while you are waiting for property transfer to take place and the proceeds to be paid into your account.

Because transfer takes an average of three months, property bridging finance help sellers cover upfront costs such as moving companies, rental deposits, municipal rates clearance, compliance certificates or even transfer costs on a new property.

Benefits of property bridging

Property bridging finance has several potential benefits.

Payment is fast

Turnaround time on bridging finance is usually fast, meaning you don’t need to stress for weeks on end about whether or not you have been approved. Once approved, the amount is deposited directly into your bank account.

No long-term debt

Bridging finance is short-term, so you don’t need to worry about getting yourself into long-term debt which could affect your credit score. Bridging finance is paid back in full once the proceeds of the sale come through.

Financial peace of mind

Although a property transfer typically takes about three months, there’s no guarantee that it won’t take longer, even when things go smoothly. Other complications, such as the buyer’s tax not being in order, can delay things further.

Easier planning

Bridging finance allows you to make solid plans, even while the transfer is still in progress. For example, it may enable you to go ahead and book moving companies, make travel plans and pay rental deposits.

No delay on your offer to purchase

If you spot the perfect new property, bridging finance may be sufficient to enable you to make an offer to purchase, rather than waiting and taking the risk of losing out to another buyer.

You can buy out a co-owner

If you are selling a property that you co-own and your co-owner needs to get paid out immediately, the property finance can cover the cost of buying them out. This is particularly helpful if the reason for selling was a co-owner’s financial difficulties.

Bridging finance with lamna

If you need property bridging finance, lamna can provide a hassle-free solution until such time as you receive the proceeds from the sale of property. All you need to do is submit the signed deed of sale, signed transfer documents and guarantees for the purchase price.

For more information or to apply for bridging finance, contact us on 086 111 2866 or simply complete and submit our online application form.

Complete our Online Application Form

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APR & Loan repayment period

Fixed rates range from 36% to 60% APR and payment options range from minimum 3 to maximum 24 months. Apart from the initiation and monthly fees shown below, the only additional fee is credit life insurance if the borrower does not have this already.


All accounts may be renewed if they are up to date.


All payments are made via EFT or direct deposits into Lamna’s bank account. There are no debit orders.


Non-payments may result in the matters being escalated.

Illustrative example

Client borrows R10,000 for 90 days.

Loan Amount Repayment Period Monthly Repayment Total Cost of Loan Initiation Fee Monthly Fee
(Interest + Service charge)
R10 000 3 months R568.40 R12 902.20 R1 197 R560 60%