Banks Crack Down on Investor Lending
The current record low interest rates have seen a greater increase in investor lending with Australians and overseas buyers purchasing investment properties, leading to investment loans growing at 21 per cent each year. The Australian Prudential Regulation Authority (APRA) are concerned that a housing bubble is beginning to form in Australia and have brought in a […]
How To Determine the Amount of Usable Equity in Your Home
When you own a property, the equity in the home builds up over time. The equity is determined by subtracting the remaining balance on your mortgage from the assessed value of your property. If your property is worth $500,000, and you have $300,000 remaining in your mortgage, then your equity is $200,000. This all sounds […]
Capital Growth or High Yield Investments: Which One Should You Go For?
Investing in property can be difficult when it comes to making decisions and one of the toughest decisions for new investors is whether to invest in a property with a high rental yield or a property with a healthy capital growth. While it is ideal to have both qualities in one property, finding a property […]
Save On Energy Bills For Life With These 4 Inclusions When Building
Your energy costs take up a huge chunk of your household budget. This is particularly relevant in WA where winter and summer can take temperatures to fairly significant extremes. The good news, though, is that there are some building tips that will help you lower your energy bills, not only today but in the coming […]
1 Years Tax Returns To Secure Your Finances For Self Employed
With the end of financial year and tax time approaching fast, it is time to get your tax documents together ready for July 1st. When doing this, don’t forget Launch Finance can assist you in securing finance with many lenders based on just 1 year’s financials. When you receive your drafts from your accountant, you can […]