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Home Loans

Fixed rate versus variable loans

Fixed rate loans A fixed rate loan is one that maintain the same interest rate over a set period of time regardless of market fluctuations in interest rates. A fixed rate home loan can offer stability for those conscious of a budget and who want to take a medium-to-long term position on a fixed rate.

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Property Investors

Why property investors need savings

Urgent maintenance is an unavoidable aspect of being a landlord, so having a cash buffer set aside will help you deal with any unexpected problems. When renting out an investment property, having access to extra cash is vital for two reasons: To cover the costs of repairing maintaining the property, giving it the best chance

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Buying property?

Top tips for negotiating a property price

Here are our top tips to tactfully negotiate the price without ruining your chances of securing the property. Tip #1: Never enter a negotiation empty-handed Whether it’s hiring inspectors for a building and pest report, or obtaining quotes from tradespeople, obtaining facts and figures will give you ammunition when requesting a price reduction.  Tip #2:

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Home Loans

How do lenders assess applications?

While loan officers work solely for a lending institution and can only offer that institution’s products, brokers can help connect you to the lender best fit to serve your mortgage needs by shopping around on your behalf. Finance brokers on the other hand are paid commissions by lenders to match borrowers to the right products

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Buying property?

What comes first: The property or the loan?

It’s easy to get carried away with the fun part of buying a property – looking at houses – but delaying the less compelling task of arranging finance will weaken your negotiating position on both the property and the loan. Looking for a property to purchase is an exciting time. Choices regarding location, size, number

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Home Loans

When was your last home loan health check?

Circumstances can change, leaving your home loan less suitable than it was originally. A home loan health check can reveal if you’re paying too much. What’s involved? Your finance broker can do a full home loan health check for you either in person or over the phone. They will check if your loan is still

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Investment Property

Investing in a holiday house? Location is everything

Before you take the leap into a holiday-home investment, it is essential that you consider all angles. This means taking your heart out of the equation and giving thought to rental returns – which means location really is king. When deciding whether or not to buy a holiday house or unit as an investment, you

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Who are the different parties involved in purchasing property?

Purchasing a property is a thrilling yet nerve-wracking experience, which is why it can be handy to surround yourself with a network of support and expertise. Here are the different parties who may be involved in your home-buying process and how you can use this valuable knowledge base to answer your questions. Real estate agent

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Investment Property

Capital gains tax

If you buy and sell an investment property, you may be required to pay capital gains tax (CGT) on that sale. It’s important to understanding this tax when buying or selling a home. What is CGT? This is a tax that you are required to pay on any capital gain earned on the sale of

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