5 Common Expenses Property Sellers Forget About (and How Bridging Finance Can Help)

Selling a property is exciting, but it comes with more costs than many sellers anticipate. Missing these expenses can create financial pressure while waiting for sale proceeds. 

Here are five common expenses and how bridging finance can help.

1. Rates and Taxes

Municipal accounts must be up to date for the property transfer to proceed. Bridging finance allows you to settle these quickly, avoiding delays and penalties.

2. Compliance Certificates

Electrical, gas, and water compliance certificates are often required before transfer. These can be costly, but an advance from TBSG ensures you are covered.

3. Moving Costs

Packing, removals, storage, and cleaning fees can quickly add up. Bridging finance allows you to handle these expenses upfront, making your move smoother.

4. Transfer and Bond Fees on a New Property

If you’re buying another property, you’ll need funds to cover deposits, transfer fees, and bond registration. Bridging finance provides access to these funds, helping you manage overlapping property transactions.

5. Personal or Unexpected Expenses

Life is unpredictable. An advance from TBSG gives you flexibility to handle unplanned costs, from urgent repairs to short-term financial needs.

Why TBSG Makes a Difference for Property Sellers

At The Bridging Solutions Group, our short-term, flexible solutions help sellers bridge the gap between selling and accessing their funds. With no minimum loan period, a straightforward application process, and transparent terms, sellers can focus on moving forward rather than worrying about cash flow.

👉 Explore your options today at www.tbsg.co.za