Q: My partner and I are planning to downsize our family home to a smaller, low-maintenance property. With the property market running hot, our adviser has suggested we buy first to be competitive and use bridging finance to secure the new home before selling our current one.

We’re wondering how bridging loans work in this scenario, what risks we should be aware of, and whether this strategy makes sense for downsizers trying to act quickly. Also, could we access our super to help fund the purchase instead of taking on short-term debt? Frank.