Traps to Avoid When Taking Out a Home Loan
Taking out a home loan can be tricky, especially if you’re unfamiliar with the process. Not knowing enough about the whole process and what’s available to you could cost you dearly, especially if you’re trapped in a loan that you can no longer afford, or an inflexible one that limits what you can do with […]
Investors Can Now Take Advantage of Owner Occupied Interest Rates
The interest rate landscape has experienced numerous changes over the past 12 months with different interest rates available for owner occupied loans and investment property loans. We now have access to and can assist investors to take advantage of lower owner occupied interest rates for their investment property loan. Each lender has their own policy […]
ATO Requires Clearance Certificate for Property Sales Over $2million
Recent changes to the tax legislation has meant that the ATO now classes all property sales over $2million as a foreign investment transaction, which means if you do not obtain a clearance certificate from the ATO, you will have to withhold GST from the sale proceeds and could end up paying the ATO 10% of […]
3 Ways Mortgage Brokers Add Value
Purchasing a property can be quite scary when you’re starting out. There are a lot of things that you don’t understand and even more things that you have to consider. Do you opt for a fixed or variable interest rate? What documentation do you need to provide to meet the lending requirements? How much deposit […]
4 Tips for First Time Property Investors
Investing in property is a great way to grow your wealth. As a long term investment, it can also be ideal if you want to prepare for your retirement so that you can maintain your lifestyle even if you’re no longer working. It has become even more attractive over the past several years as interest […]