Posted in Mortgages and Finance

Are you looking to buy a Property? Have you done your Research? Know the actual value of the Property? Do you know what a Comprehensive Property Research Report Is? Do you need one? And you thought buying a property was easy......   Property prices are increasing and therefore it is more important than ever to ensure the right offer is made when purchasing a property otherwise you may be paying a lot more for the property than it's actually worth.&nbsp...

Do you know how the recent RBA reduction in interest rates may affect your mortgage repayments? Most online mortgage repayment calculators only provide details of your loan repayments based on your loan amount and the term of the loan, and not necessarily how much you will save on your mortgage repayment each month.
The following table provides a brief overview of the monthly savings based on the 0.25% cash rate reduction from Tuesday, 5 May 2015.   L...

We have just received an updated Rate Bulletin from one of financiers that has reduced their vehicle finance rates to as low as 4.45% - basic conditions summarised below: New and used vehicles up to 3 years old receive the same rate Business-use borrowers only (if you're unsure if your vehicle will meet the business-use criteria, contact us for a free assessment) No ongoing fees (a lot of the 'low rate' offers often include a monthly fee, which adds to the o...

It's a common question - 'what do we need to complete our mortgage application?'. Usually, time is critical, as the finance clause on the purchase contract is only two weeks. Of course every borrower's circumstances are different, and different mortgage lenders require different information (I just realised that's a lot of 'different'), but here's a list that will give you a good start: Copy of the Property Purchase Contract (the signed copy...

I recently arranged a mortgage loan for a client to purchase their own home, with a variable annual interest rate of 4.68%, linked Mortgage 100% Offset Account, and NIL Application Fee. The lender has now confirmed this special rate offer will be extended to Friday 30 January 2015. This loan rate is not an introductory rate, and is based on a margin discount to the standard variable rate, which means the interest rate will be lower than the standard rate during the entire loan term - a...