Get Financially Fit in 2022

Jan 24, 2022 2:32:40 PM

The beginning of a new year is a good time to get your finances in order and establish some financial goals for the year ahead. By making just a few small changes to how you spend and save, you could set yourself up for the best year ever when it comes to managing your finances. So, whether you’re looking to clear your debt, boost your savings, or grow your retirement fund, follow these 5 tips to help you get financially fit in 2022.


Read more

Topics: Mortgage Broker, Financial Health, Home Loans

What to Think About When Buying a Home

Jan 24, 2022 2:29:25 PM

No matter where you are in your home buying journey – whether you’re a first home buyer, a seasoned homeowner, or a skilled investor – buying a home in Australia in today’s heated property market is certainly challenging. With so many factors to consider – things like Lenders Mortgage Insurance, the First Home Owner Grant or First Home Loan Deposit Scheme, as well as the possible introduction of Debt-to-Income Ratios (DTI) – it helps to have a clear outline of what each of these mean for you.


Read more

Topics: Mortgage Broker, Buying property in Australia, Home Loans

Setting the Right Sale Price

Jan 21, 2022 5:02:00 PM

Before buying your next home or upgrading to a bigger home, one of the most important decisions you’ll need to make is how much to sell your existing home for. Setting the right sale price means your home will sell for the best possible price in the shortest timeframe. Most real estate agents will tell you that demand can wane if your home is on the market for too long. So to help you set the right sale price for your home – and ensure your home sells in the shortest possible time - take a look at these handy tips.


Read more

Topics: Selling, Mortgage Broker, Home Loans

Growing Demand from Foreign Property Buyers

Jan 18, 2022 4:58:40 PM

Since the start of the pandemic in March 2020, Australia’s borders have remained closed to foreign arrivals. As a result, the country has experienced its first negative population growth in over a century, a factor that directly impacts both the economy and the housing market. With borders pegged to re-open in mid-2022, experts are predicting more demand for property from migrants and foreigners seeking their own Australian dream. Here’s what foreign buyers need to know about buying property in Australia.


Read more

Topics: Property Investment, Mortgage Broker, Home Loans

What it Costs to Move Home

Nov 10, 2021 10:14:41 AM

There’s a lot to think to about when it comes to moving home. And no matter how far you’re going or the type of home you’re moving into, moving house is undoubtedly one of life’s most stressful times. Much of that stress revolves around how much it costs to move home, which is why planning a budget could help you determine where you could save and provide a realistic overview of much you’re going to need to spend. Here are some of the costs to consider when moving home.


Read more

Topics: Mortgage Broker, First Home Buyer, Home Loans

All You Need to Know About Bank Valuations

Oct 22, 2021 1:18:31 PM

Buying a home in Australia? Your lender will likely require a bank valuation to calculate the loan to value ratio (LVR) of your home loan. Bank valuations help lenders weigh up the risk of lending. A higher LVR means more risk for the lender, which could impact the amount you may be able to borrow. In this article, we’ll take a look at some of the factors making up a bank valuation, as well as the impact they can have on your borrowing capacity.


Read more

Topics: Mortgage Broker, First Home Buyer, Home Loans

Capital Gains Tax When Working From Home

Oct 20, 2021 2:26:07 PM

Whether you’re working from home out of necessity or using your home as your principal place of business, it’s important you’re clear on both the tax implications – Capital Gains Tax on the sale of your property - and tax deductions that could impact you. Here’s a guide to each of these scenarios.


Read more

Topics: Mortgage Broker, COVID-19, Home Loans

Are You Being Penalized For Sticking With Your Lender?

Oct 14, 2021 4:11:05 PM

From electricity bills to phone plans, car insurance through to home loans, sticking with the same provider year after year could mean you’re paying “lazy tax”. Lazy tax is the penalty many consumers and homeowners are paying as a result of being complacent, not shopping around for the best interest rates, and failing to refinance when rates work in their favour. If this sounds like you, here are two ways to avoid paying lazy tax.


Read more

Topics: Investment Property, Mortgage Broker, First Home Buyer, Home Loans

How a Redraw Facility Works

Jul 21, 2021 2:51:07 PM

Getting a home loan with a redraw facility is a useful and flexible financial tool. Any extra funds you pay into your home loan, can be withdrawn when needed, to cover emergencies or pay for unplanned expenses. At the same time, those extra funds save you money too, as any extra repayments on your loan also lower how much interest you’re charged. To find out if a redraw would suit your home loan, here’s more on how a redraw facility works.


Read more

Topics: Mortgage Broker, First Home Buyer, Home Loans

5 Things to Consider When Buying Your First Home

Jul 20, 2021 3:14:59 PM

Buying a first home is a significant milestone that takes commitment to saving, careful decision making, and considered planning. The biggest hurdle for most first home buyers? Saving a deposit. Depending on where you are in Australia, it can take as long as eight years to save enough, all the while chasing down rising house prices which means having to save even more! If you are ready to buy your first home, here are a few things to consider.


Read more

Topics: Mortgage Broker, First Home Buyer, Home Loans