Eco Government Rebates for Investors

In its drive to encourage property owners and investors to build energy-efficient homes, the federal and state governments of Australia are offering rebates to those who install environmentally friendly features in their property. Your property can generate clean energy by installing renewable energy systems.  These include solar photovoltaic (PV) panels, solar water heaters, or air source heat pumps. When your …

Alex KempthorneEco Government Rebates for Investors

Top 10 of Perth’s Cheapest Central Suburbs

Are you looking at living near Perth’s CBD? There are still great house prices in and around the CBD and you don’t have to look far to get value for money with so much opportunity. Here is a list of Perth’s top 10 cheapest suburbs near the CBD to help you in the search process.   Nollamara – Median house …

Alex KempthorneTop 10 of Perth’s Cheapest Central Suburbs

Why is the rate on my investment loan increasing?

You may have noticed over the past few months that lenders are becoming stricter with investment lending. The Australian Prudential Regulation Authority (APRA) regulates banking policy and APRA has required that lenders tighten their investment lending policies in a bid to prevent or slow an overheated property market. Some lenders have responded by increasing interest rates on investment loans, and …

Alex KempthorneWhy is the rate on my investment loan increasing?

Getting prepared for rate rises

The Reserve Bank of Australia (RBA) hasn’t announced any changes to the cash rate for a year now, leaving the rate at a steady 1.5 per cent, with most lenders keeping rates low too. However, there is talk in the market of of rate rises in the near future, so it’s best to be prepared if and when this does …

Alex KempthorneGetting prepared for rate rises

How is my borrowing capacity worked out?

Up until recently, it was relatively easy to apply for a home loan. As long as you could show that you have a stable job and manageable debt, then your application had a good chance of being approved. However, things have changed considerably over te past two years. Despite interest rates remaining low, lenders have become increasingly strict when it …

Alex KempthorneHow is my borrowing capacity worked out?

Why it pays to use a Mortgage Broker in a Competitive Market

In such a competitive market, it pays to use a mortgage broker who will spend the time to find you the most competitive loan product as well as interest rate. With so many loan products on offer, it’s sometimes hard to know which product will benefit you most. We recently assisted a client who had an owner-occupied property with minimal …

Alex KempthorneWhy it pays to use a Mortgage Broker in a Competitive Market

Restrictions on Interest Only Loans for Investors – How Does this affect you?

Investors are facing a tough time with lenders at the moment as investment loans are becoming more restricted. In March, the Australian Prudential Regulation Authority (APRA) wrote to lenders, instructing them to keep new interest-only loans to just 30 per cent of their total home loans portfolio. This is to limit the volume of higher risk interest only loans on …

Alex KempthorneRestrictions on Interest Only Loans for Investors – How Does this affect you?

Positive Credit Reporting and how it can affect you

Positive Credit Reporting, also known as Comprehensive Credit Reporting, is the method Australian lenders are currently using to assess a potential borrower’s credit history when processing a loan application. Lenders share this credit data with credit bureaus, who make this data available to other potential lenders to help those lenders determine the risk of lending to that borrower. What is …

Alex KempthornePositive Credit Reporting and how it can affect you

Is Airbnb The Right Choice for My Investment Property?

Short term accommodation innovations like Airbnb have certainly changed the way we plan and book a holiday. They provide a compelling and often cost-effective alternative to hotels in many holiday hot spots. If you’re thinking of buying an investment property to rent on Airbnb, it is wise to do your research before you jump in. We’ve put together a list …

Alex KempthorneIs Airbnb The Right Choice for My Investment Property?

The Difference Between Commercial and Asset Finance for Business Owners

Business loans can be confusing and it takes an experienced finance broker to help you find one that suits your business finance needs. It is important to know the different products available for both asset and commercial finance, so that you can make the right decisions about the structure of your loan. Asset Finance Asset finance includes loans that business …

Alex KempthorneThe Difference Between Commercial and Asset Finance for Business Owners