HomeBuilder Grant
The New HomeBuilder Grant and all you need to know! – $25,000 for eligible owner occupiers (not just first home buyers) – Contract between 4 June 20 and 31 December 20 – Work must commence …
Home Buyer Toolkit: Process and Budget Planner
As you would have read in our Home Buyer Guide, smart budgeting and measurable savings targets are critical steps in your property purchase journey. This is the case whether you are a first home buyer …
Lender Contact Points – Deferring Loan Payments
In response to the Covid-19 virus and impacts on the current economic environment, many lenders are offering to defer repayments on loans for up to 6 months. During this 6 month period the interest and …
Loosened stress test buffer could see more people able to access a mortgage
Earlier this year there was a lot of talk about the “stress test” buffer that currently applies to mortgages in Australia, with speculation the mandatory 7 per cent floor or 2 per cent buffer might …
RBA rate cut – Is now the time to borrow?
In case you missed it, last Tuesday was a watershed moment in the world of lending, with the Reserve Bank deciding to cut the cash rate to by 25 basis points to 1.25 per cent. …
Weakest lending market in 35 years?…Yes. But it’s not all doom and gloom
Recent headlines could have you believing it’s all doom and gloom in the world of lending. But that’s not necessarily the case. While the market has indeed corrected due to a number of factors, home …
Our new Home Buyer’s Guide now available for download
Buying a property can be a daunting process. That’s why we created this helpful Home Buyer’s Guide for our clients and we hope you find it useful too. It covers: 1. What Lenders Look For …
Qld weather a timely reminder of the value of insurance
The recent spate of severe Queensland weather is a timely reminder for home owners, business and landlords about the importance of adequate insurance. After devastating floods in Townsville earlier this month, and with much of …
Why does my bank want so much spending detail?
If you are about to apply for a new home loan, the level of detail a lender now requires might come as a bit of a shock. As a result of the recent Royal Commission …
Pay down debts or save for a bigger deposit?
Buying your first home takes financial strategy, with any lender looking to ensure you tick a number of very important boxes on your loan application. This includes the criteria: You have sufficient, genuine savings and …