Deciding to renovate your home can be exciting, but figuring out how to pay for it? Not so much. Here’s a practical guide to your options when it comes to borrowing money for renovations. You’ve been dreaming of that new kitchen and dining room for as long as you can remember, and now the time [...]
A small renovation can add value to your home when you’re planning to sell. Taking care of basic maintenance tasks before you sell your home is a no-brainer, but a quick and not-too-costly renovation can add a lot of appeal for potential buyers, and may boost the final sale price. 1. Basics first Fix those [...]
A new kitchen doesn’t have to cost the earth. Check out these savvy ideas for an updated kitchen with an old-fashioned price tag If you want to modernise your kitchen but you’re concerned about the cost, don’t be dismayed. There are many ways to get a new kitchen without destroying your bank balance. Downgrade to [...]
There are many perks to working for yourself, but when it comes to applying for a home loan, it seems being your own boss sends up a red flag to banks and other lenders. Why? A salaried employee has a regular, steady income and is less likely to experience the cash flow volatility of a [...]
Before you start looking at properties, it’s important to have a thorough understanding of your borrowing limits and your financial situation. We show you how to differentiate between what you can borrow and what you should borrow, and how to build a realistic budget. The amount you can borrow and the amount you should borrow [...]
Savvy borrowers have an endgame in sight before they even apply for a home loan, and with the right mortgage offset account, they could win that game even more quickly. Home buyers usually focus on the here and now, not the distant future. Rather than the size of their loan balance in 10 or 20 [...]
Increase your chances of a fast approval with a well-prepared first home loan application. We show you how. Although applying for your first home loan may be the biggest financial decision you’ll make, it doesn’t need to be an overwhelming one. With the right preparation, a realistic understanding Increase your chances of a fast approval [...]
Understanding how much borrowing capacity you have when buying your first home is an essential step for all newcomers to home ownership. The question of “How much can I borrow?” rears its ugly head for all new home buyers. As daunting as it can be, understanding your borrowing power is important – Understanding how much [...]
Whether you’re affected by fluctuating interest rates or or by a change in your personal circumstances, the pressure of maintaining regular mortgage loan repayments can be overwhelming at times. Here is some information to help you understand the available alternatives. Whether you’re affected by fluctuating interest rates or or by a change in your personal circumstances, [...]
Like many parents, you’re probably keen for your child to get into the property market. Here are some ways you can help them do it. The real estate market can be tough for young adults, but as a parent you may be able to lend a helping hand. We tell you how. 1.Parent-to-child loan A [...]
