For most banks, the bridging loan will be 20% of the value of the new property, as this is a standard down payment in the industry. Therefore, if you are looking to acquire a property valued at $1,000,000, the bridging loan amount will be 20% of that, equating to $200,000.
Moneylenders will give bridge loans of up to 6X your monthly income. For example, if your monthly income is $25,000, then the loan amount you will be eligible for is $150,000.