Month: November 2018

Young couple Sam and Kate were keen to start paying off their own home rather than paying rent but had no savings. Here’s how they bought their first property.  Sam and Kate Bowen were wondering why they were paying off their landlord’s mortgage instead of their own, but they didn’t have the savings or financial…

If you have a stable income but don’t have the cash for a deposit, an expert can help find a way to turn your dreams into reality. Robert and Brooke had a good, solid income but they didn’t have a sufficient deposit to be able to buy a property. They had been knocked back after…

Before you take the leap into a holiday-home investment, it is essential that you consider all angles. This means taking your heart out of the equation and giving thought to rental returns – which means location really is king. When deciding whether or not to buy a holiday house or unit as an investment, you…

Whether you are buying land for an immediate build, as an investment or for a ‘one day I will build and live here’ dream, a vacant-land purchase can be financed by a range of mortgages. If you are planning to build immediately, or at least fairly soon, a construction loan might be the best option.…

Entering the property market is no easy feat for a first homebuyer, but even parents who aren’t prepared to hand over cash for a deposit may help by being a guarantor on a loan. Before taking the plunge however, it’s crucial to be aware of the implications involved. Here are three questions to ask yourself…

Asking how long it takes to get a loan approved is like asking how long a piece of string is. Every application is unique, so the time between your first contact with your bank or Finance Manager and approval can never be predetermined. There are, however, some things you can do to help hurry your…

Alexandra Cain One of the toughest parts of realising the dream of owning a home is saving for a deposit. The options seem pretty dismal – subsisting on a diet of beans on toast, never socialising, moving back in with the parents – and are almost enough to prompt a commitment to a life of…

Refinancing your assets to renovate a property is a significant decision that will hopefully improve your standard of living or add substantial value to your property. Refinancing isn’t as straightforward as you might expect. The type of renovation proposed goes a long way to dictating the loan required. If the wrong loan is chosen, you…