Products and Services
Dynamic Bridging enables the different role players in a property transaction to access funds that are tied up in the registration process.
We offer the following bridging finance solutions:
Proceeds to property sellers
Sellers no longer have to wait until registration to obtain their proceeds. Dynamic Bridging can advance up to 75% of the proceeds of a sale before registration once:
• A successful sale agreement between buyer and seller has been concluded
• The purchase price has been secured
• All suspensive conditions pertaining to the sale have been complied with
Property sellers would typically use these advances for a deposit on the purchase of a new home, costs relating to the sale, or for their own personal use
For further enquiries, please click here.
Transfer Duty, Rates & Taxes to conveyancers
Benefits to conveyancer :
• Enables the conveyancer to draw on funds which are included if and when required, thereby eliminating delays in the transfer process.
• Speeds up the transfer process enabling the conveyancer to provide a better service to estate agents, buyers, sellers and banks.
Dynamic Bridging can advance transfer fees to conveyancers in the following circumstances:
• A successful sale agreement must be concluded between buyer and seller
• All suspensive conditions pertaining to the sale must be complied with
• Funds must be included in the transaction
For further enquiries, please click here.
Estate Agent’s Commission
Estate Agents no longer have to wait until registration for their hard earned commission. Dynamic Bridging can advance up to 75% of agent’s commission before registration once:
• A successful sale agreement between buyer and seller has been concluded
• Finances are secured
• All suspensive conditions pertaining to the sale have been complied with
Benefits to estate agent:
• Agencies can plan their cash flow, and by doing this focus their attention on sales.
• Principals can assist agents who require cash flow assistance
• Dynamic Bridging will assist with monitoring the transfer from date of payment up until registration, and will advise the agency accordingly of the progress on each deal
Dynamic Bridging will assist Estate Agencies, as well as individual agents with advances on their commission.
For further enquiries, please click here.
Proceeds on bond switches and further bonds:
Registering a further bond but funds will only be released on registration? Dynamic Bridging can advance up to 75 % of bond proceeds where:
• 2nd or further bond is being registered
• a bond is being switched from one financial institution to another
The following conditions apply :
• The borrower must be the registered owner of the property
• A bond must be granted in full by a registered financial institution
For further enquiries, please click here.