Blog
Low-Cost Ways To Give Your Apartment A Makeover
If your apartment is looking a bit tired but you think renovations will be difficult – not to mention expensive – you might be surprised at how easy it is to give a small space a big makeover.
Whether you’re preparing to sell or rent your property, or you just feel like a fresh look, renovating an apartment can be rewarding. Apartments and units generally have smaller spaces than houses, so a revamp is your chance to think creatively.
We’re not talking major work here – external changes or major structural work.
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What To Do Before Applying For A Loan
Are you thinking of purchasing a property? Whether you are looking for a home or an investment loan, here are some things you need to do before applying for a loan.
This article will help you understand what Lenders are looking for in a customer. How to be the customer they want to deal with and extend credit to.
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Interest Only Loans Under Scrutiny
Interest only home loans have grown substantially. When ASIC reviewed the market in 2015, it found that the total value of new interest only home loans issued by banks, credit unions and building societies had expanded to account for 43% of all new home loans issued and rising.
ASIC is thus forcing banks to reduce the number and size of Interest Only loans in an effort to minimise the impact on the wider housing market.
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Home Loan Market Wrap Up – December 2016
The RBA has chosen to keep official interest rates frozen at 1.5% for another month following their meeting on Tuesday, December 6. Much to the delight of all mortgage holders.
Having said this, Australia’s banks source about 40% of the funds they lend on residential property from local bank deposits. The remaining 60% of funds are sourced from the international investment markets. Mostly through bond issues and the like.
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Why Location is Crucial When Buying Investment Property
The first thing most of us look at when selecting an investment property is its location. If the property itself isn’t quite right, you can always renovate, but it’s not as easy to move a house to a better location. That’s why you should consider the location carefully. Here are some of the most important things to look for.
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20 New NSW Strata Laws To Be Aware Of
There are more than 90 changes to the strata laws that come into force in NSW on November 30, 2016.
If you live or own property that is part of a strata scheme, here are the 20 new or updated rules that will affect you most. From forced sales or upgrades, to tenant reps, strata management contract term limits and debt collection.
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