Self Employed? Your 2021-22 tax return could help you with a lower interest rate.
If you are self employed your 2021-2022 tax return is going to be a little different to the last two years and this could see you able to refinance to a lower interest rate or purchase that investment property you have been wanting to. Although the self-employed returns do not have to be lodged until […]
Your Investment Property Guide
Investing in property, such as residential real estate usually involves a long-term plan. You need to consider what is required before you make the purchase. To help, we’ve outlined a few things we consider important. 1. What can you afford? This is the first question you need to ask yourself. Reviewing your budget and […]
Is it the Right Time to Invest? Here’s an Outlook of the Perth Property Market for the remainder of 2021
Investing in property is a great way to build your financial freedom. The Perth property market has historically shown that property values increase over time. There is no set ‘right’ or ‘wrong’ time to invest in property – it is all about your time in the market, rather than trying to ‘time’ the market. In all cases, when considering an investment, the crucial factor to consider is your […]
Stay on top of your investment loan and shop around!
If you have an investment property, it is important to ensure that your investment loan remains competitive. If you have an interest-only loan, set yourself a reminder three months prior to the expiry date so you have time to decide your next step. Apart from letting your loan revert to principal and interest repayments, there […]
What Happens After the Interest-Only Period Ends?
Borrowers may choose to pay interest-only on their loan for a specified period of time, subject to the lender agreeing to this. When the interest-only period is due to expire, the monthly loan repayment will revert to principal and interest. When this happens, your monthly repayments will be higher because you are now also paying […]