If you’re new to the world of property ownership it’s quite possible you haven’t a clue what a conveyancer does. This article seeks to give you a broad appreciation of the role of a conveyancer in property transactions [note title=”Conveyancer FAQ”]You might also be interested in our [link url=”1724″]Conveyancer FAQ[/link].[/note] When buying or selling property,…
There are costs associated with buying a property that requires discipline, vigilance, and careful planning. In this article we discuss common first buyer money-traps and how to avoid them. Understand your budget Your first home purchase requires a little introspection. Look at your finances, have a clear understanding of your personal budget, and understand exactly…
Since we’ve gone back to work after the summer holidays, I seem to have been asked one question more than any other. “Is it time to fix my home loan interest rate?” The reason clients are asking this is that we are seeing fixed interest rates at more than 1% p.a. below some variable rate…
Thanks to changes by APRA (The Australian Prudential Regulation Authority) the lenders have a responsibility to ensure you can afford the loan repayments as well as your living expenses. As such they may have to really dig into your personal finances before they can approve you for a loan and assess your borrowing capacity. What…
Over the last 18 months or so, we were being told ‘no’ for a lot more home loan applicants than usual because the banks were forced to use a high ‘assessment rate’ on both new home loan lending and existing lending not being refinanced. When you apply for a loan, the lender is required to…
Whether you are a real estate rookie or an old hand at investing, staying up to date on the latest trends can be tough. The market is constantly changing and monitoring its moves takes time and commitment. Fortunately, there is no shortage of resources to help you along the way. There are experts who…
June 2019 rate cut – Why did the Reserve Bank cut the cash rate? On 4th June 2019, the Reserve Bank announced the cash rate would be reduced by 0.25% p.a. to a record low 1.25%p.a. The basis of this decision was to support employment growth and to attempt to boost inflation within back up…
Sunshine Coast resident, Danielle asks “I’m interested in applying for a home loan, and am somewhat confused by what LVR means? What does it mean, and how is it calculated?“ Have you come across the word LVR when looking up how to get a home loan, and asked yourself “What Does LVR Mean and How…
Neutral Bay resident, Greg asks “I currently live on Sydney’s North Shore, and love the lifestyle but can’t afford property here. I’ve heard of the term rentvesting as an option. What is rentvesting and how does it work?“ Great question Greg. As property prices continue to rise, we’re seeing more and more people, especially younger…
Brisbane residents, John and Chloe ask “My girlfriend and I are looking at various house and land package loans. What sort of advice could you give us to make sure we make the right decision and also to ensure we’re eligible and get approved quickly?“ We do a lot of house and land package loans…
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