Hi all, we currently live in a townhouse in Bangkok and are looking to upgrade to a better house. The current townhouse is on mortgage (left about 50% of the value). We have additional cash savings we'll be using but will still need a mortgage on the new place. We also prefer to buy the new house before selling the current one so that we can transit directly to the new place. The 2 simultaneous mortgage payments while the older house is on sale isn't an issue.

Does anyone know how easy or difficult it is to get a 2nd mortgage under this scenario? Also, do banks here offer bridging loans?

No problems getting a second mortgage so long as you can prove the income to cover both.

Haven't heard of any bridging loans here, but if you can prove the income for two mortgages, why would you want a bridging loan? (as it would be at a higher interest rate than the mortgage)

The bigger issue here is usually selling your property as with incentives when buying new properties from the developer, and the lack of agents, the second-hand property market here seems "broken".