We look at some important things to consider when managing your mortgage during a relationship breakdown. Breaking up is hard to do. On top of the emotional impact, there are practical ramifications as well. When there’s a separation or divorce, debts you’ve accrued during the relationship unfortunately don’t go away. The longer a couple is [...]
White-label loans are much more than just a price-competitive product, but also focus on flexibility, service and quality. For those unfamiliar, a white-label loan is essentially a home-branded loan. Just like your favourite home-branded products you see in supermarket aisles there is more than meets the eye – the white-label loan is more than its [...]
Avoid common home-loan traps to learn which home-loan is right for you. Loans are by no means ‘one size fits all.’ Different loan types suit different age groups, different living situations and even different attitudes to money. A common trap some home-owners fall into is to consider a mortgage ‘set and forget’. You did your [...]
It’s one of the less glamorous home loan features, but the redraw facility deserves a second look. Here’s why. The redraw facility explained A redraw facility lets you make additional repayments to reduce your variable rate home loan balance and save on interest. If you pay more than your minimum scheduled repayments, then you’ll have [...]
