"We want to eventually retire to the coast so we will buy a property in our self-managed superfund and rent it out in the meantime. The value of the property will rise over time and when we’re ready to retire we’ll just move in.” We’ve heard this statement many...
Do units or houses provide the best investment opportunities? You will not be surprised to learn that there is no definitive answer so here we consider the advantages and disadvantages of each.
When searching for a property loan the first thing people tend to look for is a low rate but getting the right features with your loan can be just as important. Most people have heard of an offset account, but do you really need one and, if so, are you getting the most out of it?
The economic impact of Covid19, and its resulting uncertainty around employment, has forced many people to reassess their current lending arrangements to ensure they are in the best position to ride out the proverbial storm.
With an estimated 1 million people facing unemployment as a result of the current crisis it’s no wonder that the ability to service what is most household’s largest expense, mortgage repayments, will be placed under stress. If you’re in this precarious situation, or know someone else who might be, you may ask “what are the options and how does it work?”
There has been a lot of media around the findings of the recent royal commission and how the banks have now made it significantly harder to apply for a loan. Another change, that was mandated prior to the royal commission, is set to place a much greater importance on keeping your credit file squeaky clean.
Most people don’t apply for a home loan many times in their life. Even if you’re just renovating or refinancing, it may have been 3–10 years since you last applied for a home loan and there have been a lot of changes in the lending market over that period so that what used to be a relatively straight forward application process can now be a frustrating, and potentially costly, experience.
Subscribe to our newsletter
All our latest news and insights at a glance. Subscribe to our newsletter for regular updates directly into your inbox.