How Do I Finance My Home Renovation?
Are you considering renovating your home or investment property? A well-considered and researched renovation plan can increase the value of your home or investment property. It may be that your well-worn bathroom or kitchen needs a revamp, or that the front yard need to be completely re-landscaped. The difficulty is, what is the best way […]
The Benefits of using a Finance Broker vs Banks
Why use a broker when you can go direct to a bank? The answer is, why wouldn’t you use a broker? Using a broker can save you a lot of time, stress and money! There has never been a more important time to use a broker as banks are tightening their lending criteria more than […]
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 […]
Overcapitalising: What it is and How to Avoid It
As a home owner or property investor, you may have heard the term “overcapitalising”. But what exactly is it and why is it considered bad? While adding a new deck or kitchen can increase the value and enjoyment of your property, overcapitalising can end up costing you more than you planned. Here’s a closer look […]
Renovating VS. Upgrading Your Home
Admit it or not, your home eventually loses its charm over time. Depending on how you look at it, a new coat of paint might help regain that charm, or sometimes the money you spend renovating outweighs the cost of moving to somewhere new. The pros and cons of renovating Renovating your property is a […]