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Home Loans

What is the best time of year to buy a house?

While spring is renowned as the time that sellers dust off their properties and place them on the market, this doesn’t mean it is necessarily the best time for buyers to go shopping. One of the biggest issues with shopping in spring is the flood of other buyers looking to snag their dream homes, which

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Property Investors

5 rules successful property investors follow

The wonderful thing about property investing is that it opens your world up to different ways to potentially build your wealth. However, Australian Taxation Office figures released last June showed that a quarter of Australia’s property investments are held by 1% of taxpayers. The majority of those investors are over the age of 50. If you don’t

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Home Loans

Your home loan application checklist

Planning to purchase a property in the near future? Here’s what you can do today to optimise your chances of being approved for a home loan down the track. ✅ Do your research It’s a good idea to do some research and start thinking about what kind of home loan may suit your needs. If

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Settlement

5 Tips that can take the stress out of settlement day

You’ve picked out your dream home, your offer’s been given the thumbs up, and now there’s just one big step left – settlement day. Settlement day is a mix of fun and formalities. As mortgage brokers, we’re here to make sure it all ticks along without a hitch. Read on for a lowdown on what

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Home Loans

Home loan application process explained

Are you planning to purchase your first home or investment property? It’s an exciting time and nothing compares to the feeling of holding the keys to your very own property in your hand. If you’re new to buying property, here’s how the home loan application process works. Understand your borrowing power When it comes to

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Refinance

Refinancing made simple

Are you considering refinancing? You’re not alone. According to the Australian Bureau of Statistics, the value of external refinancing in May 2023 in seasonally adjusted terms rose 8.1% to $21.0b and was 22.4% higher compared to a year ago. Indeed, the series of cash rate hikes by the Reserve Bank of Australia (RBA) has left many

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Home Loans

Escaping mortgage prison

Stuck in an expensive home loan and feeling trapped? You’re not alone. It’s estimated about 16 per cent of households with a mortgage are in a “mortgage prison”, unable to refinance to a more competitive interest rate because they can’t meet strict serviceability rules. But there may be a way out. And we can help. What is

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HECS Debt

How your HECS-HELP debt affects your borrowing capacity

Do you know how much you owe on your HECS-HELP debt? While student HECS and HELP loans in Australia are interest-free, they are indexed every financial year based on a cost of living index. The recent outbreak of high inflation means millions of Australians with student loan debts are facing a 7.1% increase from 1

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Investment Property

4 Reasons to consider investing in property now

Have you been patiently waiting in the wings, wondering whether or not to buy your first investment property in 2023?  You’re not alone. Many buyers have been spooked, what with all the changes in the market.  Whether or not now is the right time to buy really depends on your financial situation and goals, but

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Investment Property

Tips to buy an investment property in 2023

Are you considering buying an investment property in 2023? The word on the street is that 2023 will be the year savvy property investors re-enter the market, with some experts saying all the right ingredients are in place to create opportunities for strategic investing. Let’s take a look. Why now could be a good time to invest

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Fixed Rate Loans

Cushioning for the fixed rate cliff

The day you’ve been dreading is looming. You’ve enjoyed a record-low interest rate for a year or more, but now your fixed rate home loan term is ending. Do you, 1) hide under your bed and hope for the best; 2) trust that your current lender will give you a competitive rate when your loan

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