The First Home Super Saver Scheme (FHSS) is an Australian Government initiative, allowing you to save for your home inside your super, helping first home buyers save faster with the concessional tax treatment of superannuation.
The FHSS was introduced by the Australian Government to reduce pressure on housing affordability. It is designed to allow first home buyers to save towards a home deposit in their super fund. Under the FHSS Scheme, you can make either before-tax contributions or after-tax contributions to your super account. You can then request a release of the funds when you are ready to buy a home to live in.Read More
On Friday, 20 November 2020, the team at OneSite Finance was thrilled to win PLAN Australia’s award for Excellence In Business – Customer Service for NSW/ACT for 2020.
As with everything in 2020, PLAN Australia’s Awards Night was held remotely! But not to be outdone, the OneSite Finance team had their own party in the office.
The team was commended for their exemplary service during 2020 with all its challenges, as well as leading up to it.Read More
Building your home can be a long and challenging process. This is in no small part due to the land and construction loan process.
This guide outlines the journey you will go through. From purchasing the land to constructing your dream home. This article will show you what to do at each step. What to ask for. What pitfalls to steer away from.
The guide will also go through the different steps involved in the land and construction loan process. This is the process of obtaining finance to complete your home building project.Read More
Are you thinking of upgrading your home? Many clients want to know what to do when they want to move homes.
Can you keep your existing home as an investment and buy a new one? Should you sell your existing home first, and then buy?
Should you buy first, and then sell your existing home to get the best return? Do you need short-term bridging finance to make this happen?
This video will walk you through the different strategies you can use when upgrading your home. Each strategy has its own pros and cons.Read More
One of the things you need consider when looking for a home loan is whether or not to use a fixed or variable interest rate based home loan product.
To fix, or not to fix… That is the question.
Shakespeare aside, this is one of the bigger decisions you need to make when you’re looking to get a home or investment loan.
Whether you are a first home buyer or a seasoned property investor, there are a number of things to consider once you’ve decided to fix. Things like:
– How much of your home loan to fix
– How long to fix your interest rate for
There are a lot of stimulus and assistance schemes aimed at First Home Buyers.
This video will walk you through the 4 different First Home Buyers Assistance Schemes run by both the state and federal governments. Liz will walk you through the pros and cons of all 4 schemes. Who they are targeted at. When you can use them. And how you can use them effectively.
With the current economic conditions, this might present the best time in years for First Home Buyers to get their foot on the first rung of the property ownership ladder.Read More