When you purchase a property with finance, the lender will typically order a bank valuation to help them ascertain the loan to value ratio (LVR) of your home loan. For new home buyers, this might be something that you’ve never thought about before, but the outcome of the bank valuation could have big implications for your…
Summer is a great time of year to do a few jobs around the house. It’s also a good time to start planning ways to build some equity in your home with a simple renovation. Here are some strategies that can quickly build equity with a small renovation or even just a touch-up. Landscaping The first…
One of the most common new year’s resolutions is to try and save money. One of the easiest ways to save money is to take a look at your home loan and find some creative ways to cut down on your repayments. Fortunately, there are a number of different things you can do with your home loan to reduce your…
With the holiday season fast approaching, millions of Australians are more excited than ever to get away. One of the most popular holiday options in recent years has been heading off in a caravan or camper for a road trip. Before going out and buying a caravan or camper, it’s well worth thinking about how…
Leasing a car for your business has become more common in recent years, however, prior to purchasing a business vehicle, it’s well worth weighing up your options. There are a number of considerations that you need to make, which might make financing a business vehicle more appealing. Here are some of the pros and cons…
The interest in commercial property continues to increase, with the latest data from REA suggesting buyers are still honing in on commercial assets all around Australia. Investors looking at purchasing commercial property have increased by 22% compared to the same time last year, according to REA data. Search volume for commercial property on REA portals…
The industrial property market appears set to carry on with the strong growth it’s been experiencing over the past few years, as investor interest reaches record levels. Since the onset of COVID, there has been a huge push towards businesses that are able to operate online, with e-commerce in particular seeing a huge boom. This,…
Over the past few months, we’ve been hearing more about serviceability buffers and how they might impact home buyers’ ability to borrow. However, many people don’t understand what a serviceability buffer is and how it works. Simply put, a serviceability buffer is the minimum interest rate a lender is expected to use when assessing a…
While we all have different goals when it comes to property investment, for those out there that want to continue to grow their portfolio there are a number of important considerations to take into account. Many homeowners unwittingly become investors when they look to upgrade their first home and decide to keep the original property….