Mortgage brokers offer an important service to those looking to purchase a property. Whether you’re just starting out on your home ownership journey, or looking to upgrade or add to your investment portfolio, a broker can
In the wash-up from the banking royal commission that ran from 2017–2019 came a raft of regulatory changes. One change that affected the mortgage broker market was a new, legislated Best Interests Duty (BID). It’s been law
Using a mortgage broker takes a lot of the hassle, research and paperwork out of finding a suitable home loan for your circumstances. Brokers have access to some home loans that aren’t available to everyone, and
For a word that nobody had even heard of in 2015, ‘rentvesting’ has certainly taken off in recent times. Put simply, rentvesting means purchasing a property and renting it out to someone, while you continue to
The attraction of interest-only loans is obvious. Having a period of time – typically five years – where you’re not paying off the principal (the actual amount of the loan) means you have more money on
If TV is anything to believe (and that’s a big if!) people the world over are making a fortune buying run-down houses, doing them up into beautiful display-style homes, and selling them to an enthusiastic market
In many parts of Australia, auctions are the most common way to buy and sell a property. Unless you get lucky and are the only bidder, auctions can be very stressful: the stakes are high, the
‘Overcapitalising’. Even people who don’t know what it is can tell by the name that it’s a bad thing. Here we explain what it is, why it’s not great, and what you can do to avoid
It can seem like a big leap, but with some careful preparation and expert advice you can enter the investment market with confidence. Here are our 5 simple steps to get you into the best position
It’s a peril of house-hunting: getting carried away by your emotional response to a property, and forgetting to ask yourself the all-important practical questions. It’s best to go in armed with a checklist of to keep
Buying off the plan: four tips for a smooth purchase When you buy off the plan you can look forward to moving into a brand new place, all the while avoiding that pesky stamp duty. But it’s
When a house is passed in at an auction, a whole new phase starts. Here’s what it all means, and how to be prepared for the negotiations that follow. What does ‘passed in’ mean? At an auction, one
