You’ve sold your property. The offer is signed, the champagne is ready, yet weeks later, you’re still waiting for the transfer to go through. In South Africa, property transfers can take anywhere from 6 to 12 weeks, sometimes longer.
For many homeowners, this delay can feel like financial limbo. Your equity is tied up in a property you’ve technically sold, but the proceeds remain locked in the transfer process. Meanwhile, the bills, moving costs, and deposit on your next home can’t wait.
READ: Bridging Finance: A Powerful Tool in South Africa’s Evolving Economy
The Hidden Cost of a Stalled Transfer
Imagine this:
Thandi, a Johannesburg homeowner, sold her townhouse to move closer to her new job in Cape Town. Her sale was finalised, but the transfer process dragged on for ten weeks. Without access to her sale proceeds, she had to postpone her relocation and pay double rent to keep both homes in the interim.
Mark and Lerato, first-time sellers in Durban, faced a similar dilemma. They’d already committed to buying their dream home, but the funds from their sale weren’t available in time to secure their deposit.
These aren’t isolated cases. Conveyancing delays are common, often due to bank processing times, deeds office backlogs, or administrative hiccups. While the sale proceeds are on paper, the cash is effectively out of reach, and that’s where London Bridge Finance steps in.
Bridging Finance – Turning Paper Proceeds into Real Power
London Bridge Finance offers a smart, short-term solution to keep your plans on track.
By advancing a portion of your expected proceeds before transfer. London Bridge Finance empowers you to move forward without financial strain. Whether you need funds for:
- A deposit on your new property,
- Relocation costs or moving services,
- Settling outstanding rates or municipal accounts, or
- Simply managing cash-flow stability between transactions
London Bridge Finance allows you access to what’s rightfully yours, faster.
READ: The True Cost of Delayed Property Transfers – And How to Avoid the Cashflow Crunch
Keep Your Move on Track with London Bridge Finance
Property transfers may take weeks, but your life doesn’t have to wait.
At London Bridge Finance, we understand the urgency and emotion behind every move. Our tailored bridging solutions are designed to give sellers and buyers the liquidity they need when timing matters most.
Don’t let red tape delay your dreams. Contact London Bridge Finance today to unlock the value in your property and keep your move on track.