Downsizing your home to fit your lifestyle

Mar 11, 2020 9:29:13 AM

There comes a point in most people’s lives when downsizing the family home makes good financial sense. Ongoing maintenance, empty bedrooms and costly monthly bills can make you seriously think about selling your existing home and finding something smaller or easier to maintain. Whether you’re an empty nester or just looking to get into a smaller apartment in the city, here are our tips for making those key downsizing decisions.

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Topics: Retirement, Smaller Property, Selling your Home, downsizing your home, Home Loan Advice, Declutter, Moving home

What is a Reverse Mortgage?

Mar 19, 2019 7:00:00 PM

If you need to free up a little cash as you head into retirement, a reverse mortgage could be the solution. A reverse mortgage lets you mortgage your property so you can access your equity with no repayments required until you move out. For many retirees, a reverse mortgage offers financial security to cover those unexpected expenses – like home repairs or major surgery – without having to sell the family home. Read on to find out more about a reverse mortgage.

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Topics: Retirement, Home Equity Loans, Home Equity, reverse mortgage, Home Loan Advice, Australia Mortgage Broker, Home Loan Application

How old is too old when it comes to a mortgage?

Apr 16, 2018 9:18:38 AM

Older home buyers entering the market for the first time appear to be growing in numbers in Australia and New Zealand, as a combination of rising rents and low interest rates makes buying property a more attractive proposition. But, how big a factor is age when it comes to lenders determining your lending ability? Read on to find out.

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Topics: Retirement, Mortgage Broker, Australia Property, australia finance, reverse mortgage, mortgage stress, Mortgage Debt

Retiring with mortgage debt

Mar 22, 2018 9:37:53 AM

A growing number of Australians are expected to retire with a mortgage, research from a superannuation fund shows, while the “sandwich generation” grapple with a phenomenon known as “inter-generational dependency”. What are some of the ways you can ensure you retire debt-free? Read on to find out.

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Topics: Retirement, Mortgage Broker, reverse mortgage, mortgage rates, Mortgage Debt

Are you prepared for retirement?

Aug 25, 2016 6:30:00 AM

Despite Australia’s incredibly strong superannuation savings system, just one in six Australians feel confident they’re on track to retire comfortably. Even more concerning, around 40 per cent of working Australians have never received any financial advice to help them prepare for retirement. How prepared are you for retirement? And how much will you need?

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Topics: Australia, Retirement

How to buy your house for less

Aug 19, 2016 6:00:00 PM

As a homeowner, paying off your mortgage before you retire is important. Once you hit retirement age, the last thing you want is to be saddled with debt or to have to continue working in order to pay off the balance of your mortgage. Here are some ways to help you reduce your total mortgage and help you buy your home for less.


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Topics: Retirement, Buy a Home

When is the best time to prepare for retirement?

Aug 18, 2016 12:46:04 PM

While retirement might seem years into the future when you’re in your 20s and 30s, it’s an important time for setting a plan place to save for your future. The earlier you start planning and preparing for retirement, the more likely you’ll have sufficient savings to comfortably retire. Working on a few fundamental principles can help build a solid base for managing your income and ultimately your wealth. To help you start planning for retirement, here are some things to consider.

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Topics: Retirement