By Kate Beaumont, Accredited Mortgage Consultant and Authorised Representative Ready to make the leap from renting to buying a home? Well, before you begin the search for your perfect home there are lots of questions to find answers to. Here are some of the big ones. Do you need to own your home? For most […]
By Katrina Beaumont, Accredited Mortgage Consultant and Authorised Representative You’re moving into your new home; corks are popping and there are smiles all around – classic advertising that for many seems unattainable. Although many Australians may want to bash the banks over tighter home lending criteria, it’s the bank regulator, the Australian Prudential Regulatory Authority […]
Why do some people get better interest rates than others?
By Katrina (Kate) Beaumont, Accredited Mortgage Consultant and Authorised Representative Ever wondered why some people get better interest rate deals than others? Perhaps you’ve had a chat at a barbecue and discovered your host is paying a lesser rate than you? This could be the reason… Lenders reward borrowers who hold more equity in their […]
Top tips for entering the investment property market
By Kate Beaumont, Accredited Mortgage Consultant Purchasing a property for investment purposes can involve a different set of considerations compared to purchasing a home to live in. Here are some tips to get you started. Which rental market? First, decide if your property will cater for the budget rental market, mid-level rentals or the executive […]
By Kate Beaumont, Accredited Mortgage Consultant It’s a common misconception that mortgage offset accounts are loan products when in fact they are savings accounts sitting within a mortgage structure. If you’re not sure how mortgage offset accounts might benefit you – read on! What is an offset account? Greg and Louise are your typical thirty-somethings […]
By Kate Beaumont, Accredited Mortgage Consultant It is said that Aussies will bet on anything – even two flies crawling up a wall. Our bets have become a bit more sophisticated and now it seems the latest “bets” are taken between economic commentators on what the Reserve Bank of Australia (RBA) board will do to […]
The types of debt we have largely depends on our age and stage in life. For most of us, having debt in some form or another is an inescapable fact of life. And despite its reputation, debt is not necessarily a dirty word. If managed well, it can be a powerful tool to build wealth, […]
By David Baruffi, Financial Advisor If you’re looking for a creative way to overcome being locked out of the property market by rising prices, buying a house with a group of friends may be a solution. It can also be a minefield though, so here’s how to avoid a blast. While the excitement of banding […]
How to pay off your mortgage faster and save dollars
By David Baruffi, Financial Adviser Reducing the life of your loan isn’t difficult; there are many simple things you can do to cut years off your mortgage. 3 tips that will help you be mortgage-free sooner than planned 1. Small extra repayments One of the most obvious ways to pay off your home loan quicker is […]
Who are the different parties involved in purchasing property?
By David Baruffi, Financial Advisor 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 […]