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When you should consider refinancing your home loan – and when to stay put

Renovations, debt consolidation or fixed periods ending – there are many things that prompt people to refinance their home loan. Smart homeowners, however, take a more proactive approach. Here’s what you need to know. Refinancing happens when you make a change to your home loan – either by changing the terms, the interest rate, or […]

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Delivering the Goods: Are our buying habits driving industrial property demand?

In 2020, many retail businesses have pivoted their models to incorporate delivery – as opposed to traditional ‘bricks and mortar’. Some businesses are switching back now that Covid-19 restrictions are easing, but not all. So how is this changing the commercial property landscape? The new, newer normal In a year full of uncertainties, there’s no […]

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Has Covid-19 Killed The Commercial Property Market?

One of the many effects that Covid-19 has had on the real estate market is that the demand for commercial property has slumped. Zoom meetings, faster internet speeds, and a country with a sizeable office-based workforce have enabled businesses to move their employees to work from home. The for Lease signs on Commercial Properties are […]

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Remember the banking royal commission? Changes are coming your way

Had it not been for COVID-19, a number of royal commission-led changes to the banking and finance industry would already have been in place – with more to come in December. Here’s what that means for brokers and for you. In May, Treasurer Josh Frydenberg made an important announcement to the country as we began […]

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Is The Easing Of Lending Laws In Australia A Good Or Bad Thing?

The Australian Government has recently set about looking at easing lending laws in Australia in a bid to boost the economy after the recession that Covid-19 has caused. As I write this blog, and please remember, this is a blog, my personal opinion and should in no way be constituted as legal advice. As I […]

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Six mistakes business owners make when taking out a business loan

A small business loan can be invaluable when you’re establishing your business or when an unforeseen setback occurs, but you don’t want a loan to be short-term gain and long-term pain. Here are six common mistakes businesses should avoid when it comes to commercial finance. Mistake #1: Not getting the right loan A thriving business […]

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South Australian in Lockdown | Can You Still Get Financial Advice?

What a rollercoaster of a week this has been, culminating in South Australia going into a circuit breaker lockdown for six days. Fortunately, it looks like there is still toilet paper around, and other than a bit of a rush for essentials, sense, seems to have prevailed this time around. Touch wood, though, that South […]

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Mortgage Redraw Versus Offset , What Are The Differences?

As I write this blog, Covid-19 is winding down in Australia, and our economy seems to be showing the first twitches of life. The US presidential election is on in the background, and it will hopefully bring a bit of certainty to the world’s largest economy for another three to four years. The Australian Reserve […]

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$25000 Home Builders Grant can now be used as part of a deposit with some lenders

Earlier this year, as part of the governments, Covid-19 economic response, it was announced that a $25000.00 Home Builder Grant would be made available for new home builds or substantial renovations. They did this in order to stimulate a flagging Coronavirus economy by getting the building sector going again. Like with any grant, there are […]

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Get Out Of Town: Are rural areas the new Australian property hotspots?

2020 has seen a serious slowdown in city property markets, but some rural real estate agents say they’re busier than ever. So, is this simply a result of the pandemic? Or a trend that’s set to keep growing after COVID-19 is gone? The fact is, most of us have spent a lot more time indoors […]

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What Advice Can And Can’t A Mortgage Broker Give You?

A mortgage broker is a person that will wear many hats in the whole process of setting up your finance so much so that the great ones become trusted advisors to families. The issue that will sometimes arise is that lines can often become blurred, and clients will ask a broker for financial advice. In […]

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Selling A Property? Some Things To Remember

Spring has sprung, and it is one of the busiest times of the year in the property market. Families are taking advantage of the good weather and getting out and about looking for properties. Covid-19 has put a bit of a dampener on the year’s sales, though. If I look at local news and real […]

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Homeloans and Break Ups, What Happens Next?

Unfortunately, one of the realities of purchasing a home together is that relationships fail. Sorting out the financial aftermath, especially if the breakdown is not amicable, can be a complicated and emotional process to go through. I aim to give a few tips to consider when going through a breakup where finance is involved. This […]

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Employed Overseas? Can I Still Buy Property In Australia?

Of late, I have had a few inquiries from clients living overseas, wanting to relocate back to Australia and buy a home. The other scenario that is quite common is that of the ex-pat staying in the country that they are currently working and purchasing an investment property here in Australia. There are a myriad […]

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What Renovations Add To The Value of a House?

With the new release of the government “home builders” grant, I thought it would be a good idea to blog about one of the most common questions that my clients ask me. ” What renovations or changes give the best return on investment for the sale of a house? I am a mortgage broker, I […]

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Does It Pay To Be Bank Loyal?

Decades ago, bank loyalty would pay off when it came to moving forward on a home purchase or buying a business or getting a better interest rate. The days of you and your partner donning your Sunday best, and being early for your meeting with the bank manager, to hopefully get a wink and a […]

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Looking To Invest? How To Access Equity In Your Home For Investment.

As we are in an unprecedented era with regards to the Covid-19 pandemic, we are see things that have not been witnessed in a long time. The stock markets have had huge losses in the past few months fueled by economies coming to a grinding halt. It is indeed a scary time for all of […]

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How Has Covid-19 Affected Banks Assessment Criteria?

As I write this blog, I hope we are at the tail end of our Coronavirus lockdown, and that the changes in lending assessment criteria will be a far distant memory, shortly. However, my job for my clients is to make sure that they are armed with the knowledge they need, to make informed decisions […]

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Business Loans, What Are My Options?

Obtaining finance, to either start or purchase an initial business or an existing one, is probably one of the more difficult forms of finance to achieve. There is a saying in the industry; the only people that qualify for business finance are those that don’t need it. While that is not really the case, lenders […]

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Fixed Or Variable Interest Rate, In These Uncertain Times?

At present, the Corona Virus has cast a lot of uncertainty over most peoples day to day lives. When will it end? How big will the economic fall out be? And more importantly, how will it affect my family and me? If COVID-19 has taught us anything to date, it is that one of the […]

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How Will The Corona Virus Affect My Access To Finance

With the world turning into the scenes from an apocalyptic movie, and toilet paper shares becoming the new safe-haven for investors, I thought it would be prudent to do a blog on how the virus may affect borrowers’ access to credit. Many of your bigger Banks in Australia have already started sending staff home to […]

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How Do You Buy A House

For many of us, this may seem like a silly topic, but until you have done it once or twice, the answer is not that obvious. I have purchased a few properties and as a mortgage broker, deal in the process on a daily basis. To say that I am still filled with trepidation when […]

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What The 2020 Property Market Could Bring?

So far, we have had a boom, then a correction. Are we now headed for a comeback? According to the Quarterly Survey by Nab , in which 300 property professionals were surveyed, it would appear that property prices are on the upswing. The overall sentiment between property professionals and Nab is that property prices should […]

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Considering Buying A Commercial Property?

You may be a mum and dad investor who is looking at diversifying your investment portfolio. You might be a business owner who is tired of renting premises, or you may be a bit of both. Owning a commercial property can be a great investment. Here are a few things to take into account as […]

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Motor Vehicle Finance, Things To Watch Out For

Having spent many of my younger years in the motor vehicle industry, I thought that I would add to my blog, an article on the topic of motor vehicle finance. Please note that this post is general in nature and does not constitute as advice, as everybody’s circumstances are different. If you would like to […]

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Pro’s And Con’s of Cross Securitisation Or Cross Collaterisation

Cross Securitisation is used to enable a client to purchase another property, using an existing property that they already own. Cross Securitisation has a definite place in the financing toolbox, but would be clients really need to go into with eyes wide open. This is where talking to a Mortgage Broker in Adelaide is advisable. […]

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How Often Should I Review My Mortgage

In my dealings with clients, especially once we have just finished setting up a home loan or the like. A new customer will then often ask me, ” so how often should I be checking my loan interest rate out?” The answer that you get, I think, will vary from you sourced your loan. If […]

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What Is The Governments First Home Loan Deposit Scheme?

  Earlier this year, the government announced that they would be putting together a scheme to aid first home buyers to get their foot on the first rung of the property ladder. What they have come up with is the “First Home Loan Deposit Scheme.”How Does it work? Who is eligible? What are the finer […]

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Getting A Home Loan In Your Later Years

As we get older, there are a few things to consider as we climb the property ladder, or put our foot on the first rung. It is proving harder and harder to enter the property market in the first place. In general, people are now older at each stage of the property lifecycle if you […]

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Having A Guarantor On A Loan. How Do Guarantees Work?

You have taken the decision that you would like to move forward on purchasing a home or an investment property. The next step would be to go about setting up your finance. You can go straight to a lender of your choice, or go and see a Mortgage Broker in Adelaide, like us. There are […]

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How Can A Mortgage Broker Get You The Best Home Loan?

Well, the short answer is if a broker is telling you they will get you the best home loan, maybe you should use another Mortgage Broker. Post Banking Royal commission it is a no-no for a Mortgage Broker to be advertising or promoting that they will find you the best Home Loan. The reason being […]

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Myths About Mortgage Brokers Busted

Australia has just come through the other side of the Royal Banking Commission, which has put the finance sector under the spotlight. After all the hubbub has died down, I feel, there are many misconceptions, floating around out there, with regards to Mortgage Brokers. Now, I write from my own personal view, and this is […]

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How Does A Mortgage Work?

It may sound simple, and most people will have a general idea but do they actually know the intricacies of a mortgage? Whether you knew or not, you are reading this article, so you are interested, so let us get the question answered. I think the general understanding of a mortgage would be that the […]

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What To Look For in a Mortgage Broker?

In Australia, the number of people that now use a mortgage broker, instead of going directly to a bank, is on the increase. At the writing of this article. Statistics show that roughly 60% of all mortgage seekers are using the services of a mortgage broker. That says a lot about the service that mortgage […]

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Which Bank Is Best For My Home Loan?

Which Bank Is Best For Your Home Loan? While this is an excellent question to ask, I think that you will find a better way of posing it, is – “Which bank would be best for my family and I”. The short version of the answer is not simple, and to be wary of anyone […]

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Why Should I See A Mortgage Broker?

There are many different reasons why a person should go and see a mortgage broker. Hopefully, when you have finished with this article, you will have a much clearer idea as to why you should go and see a mortgage broker in Adelaide. How A Mortgage Broker Can Help We would recommend seeing a mortgage […]

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How Do You Get A Home Loan?

You have made the big decision to buy a home of your own finally. Now comes the next question, how do I get a home loan or mortgage? While it may seem like an obvious answer, just go to a bank, there is quite a lot to consider before rushing off to your local branch […]

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Home Loan Offset Account Vs a Redraw Facility

What is an offset account, and how does it work? We answer this and also how it differs to a loan facility with a redraw facility.

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Should I Get Finance Pre-Approval?

  This is probably a topic that I never saw myself writing about. However, with how often it comes up on a day to day basis, and the different schools of thought on the topic. I thought that it would be a good Idea to write a piece about whether a person should go through […]

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First Home Owners Grant

  The First Home owners Grant in Australia, is a government grant that is designed to make purchasing a home more accessible to first home owners. The grant varies from state to state and I have put a link to the government website that outlines the different grants available on a state by state basis. […]

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Debt Consolidation Pro’s and Con’s

Debt consolidation, is the process of taking multiple debts that a person may have and rolling them all into one

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