Separation Finance Brokers Sippy Downs

Case Study: Bridging Finance Support for a Separating Couple in Sippy Downs, Queensland
Brokered by Loanright Financial Services

Client Background

James and Melissa, a couple in their late 40s, had been living together in their family home in Sippy Downs, Queensland, for over 12 years. The property, a spacious four-bedroom home near the university precinct, was jointly owned and had served as the family base while raising their two children.

In early 2025, James and Melissa made the difficult decision to separate amicably. Their two teenage children were nearing adulthood, and both parents were focused on maintaining financial stability and minimising disruption. As part of the separation, they agreed to sell the family home and divide the proceeds equally.

Melissa planned to remain in Sippy Downs to be closer to her workplace and the children’s schools. She began searching for a modest home to purchase nearby. However, she faced a problem: she needed to secure a new property before the family home had been sold, and lacked sufficient funds for a deposit or settlement without the equity from the current property.

Initial Challenge

Melissa had found a two-bedroom townhouse just a few streets away listed for $560,000. The property was ideal, close to her children, work, and community. However, without access to the equity from the yet-to-be-sold family home, she had no immediate means of funding the purchase.

Complicating matters, James had agreed to wait until Melissa secured her new residence before proceeding with the full marketing and sale of the shared property. The couple wanted a smooth and respectful transition that wouldn’t force either of them into rushed or poor decisions.

That’s when Melissa approached Loanright Financial Services, a Sunshine Coast-based mortgage brokerage known for supporting clients through complex transitions like separation and property division.

The Role of Loanright Financial Services

Upon hearing Melissa’s situation, Loanright’s senior broker, Karen, scheduled a private consultation at their Birtinya office. Karen listened closely to Melissa’s goals and constraints and recommended a bridging finance solution that would allow Melissa to buy her new property immediately while still being on the title of the unsold family home.

Karen thoroughly reviewed Melissa’s financial profile, including her income as a mid-level school administrator, her share of the home equity, and her post-settlement plans. She explained how open bridging finance works, specifically tailored for situations where the original home has yet to sell.

Financial Structure

The Sippy Downs family home was valued at $960,000 with an outstanding mortgage of $310,000. Melissa’s share of the net equity was estimated at around $325,000 after expenses.

Karen arranged a bridging loan for Melissa for the full purchase price of $560,000, plus upfront costs such as stamp duty and legal fees, bringing the total loan to around $590,000. This was structured with interest-only repayments for up to 12 months, during which time the family home would be prepared for sale.

To ensure affordability, Loanright worked with a lender that accepted future sale proceeds as the primary source of repayment. This allowed Melissa to focus on settling into her new home and maintaining consistent payments on the temporary loan.

Outcome

Within eight weeks, Melissa had successfully secured and moved into her new townhouse, with bridging finance in place. Shortly after, she and James placed the family home on the market. With support from a real estate agent and minimal renovations, the home sold for $980,000 just three months later, above valuation.

After the sale, Melissa used her equity share to pay out the bridging loan in full. She was then able to refinance her remaining debt on the new property into a standard home loan with favourable long-term rates, also brokered by Loanright.

Reflection

This case highlights how separation, while emotionally and logistically challenging, doesn’t have to result in compromised living standards or rushed financial decisions. Through Loanright Financial Services, Melissa was empowered to move forward with confidence, remain near her children, and avoid financial instability.

The team at Loanright managed not only the technical aspects of bridging finance but also provided emotional support and practical advice during a sensitive time.

Conclusion

Loanright Financial Services continues to support clients navigating separation, property transitions, and life changes. With expert guidance, empathy, and access to flexible lending products, Loanright helps Queenslanders move forward, one solution at a time.