Property

Becoming a landlord can help you earn income to repay your investment home loan, however many new landlords miss out on the tax deductions they can claim.

What are the benefits of taking out a variable rate loan? What are the downsides? How do you calculate your monthly repayments? Here you’ll find out everything you need to know about variable rate home loans.

Melbourne artist and mother-of-two, Marnie Higgs needs no further evidence of the power of the sun on her family finances. Higgs and her husband decided to install solar panels on their family home in Blackburn South in January.

To stay or not to stay. That is the question many homeowners encounter as their lives change and families expand. It’s never an easy choice to make. Here, we outline the pros and cons for staying and renovating, or selling and relocating.

There are a lot frustrated buyers out there, overwhelmed by selling agents’ tactics and sick of underquoting. Buyer’s agents exist to help these people.

Tenants have more demands than ever before. They want to ensure they receive as much as possible for the money they pay. As an investor, you’ll need to meet these demands if you want to increase how much you earn from rent payments.

With its renowned sporting and festival culture, trendy cafés and great value property, Melbourne might very well be an investor’s dream.

The economic damage wrought by the COVID-19 crisis has forced lenders to rethink how much money they will lend for a property purchase and to whom.

We asked our team of brokers to break down some of the most common (and misunderstood) terms you’ll hear when applying for a home loan.

It’s been a year of peaks and troughs for the Australian property market and today’s decision by the RBA to keep rates on hold at 1.50% is borne of a range of factors likely to shape the outcome of 2018.

The idea of moving to greener pastures and setting up a hobby farm may appeal to you. However, it’s often difficult to finance the venture. You may find that many lenders won’t offer you a standard home loan for your hobby farm.

If you’re the sole employee of your own company, you can apply for a low doc home loan. To assess your finances, lenders will ask you to provide your ABN.

Buying a first home is a very personal decision, because everyone’s tastes and needs are different.

Will investors continue to slay in 2018 or is it finally the time for first home buyers to capture a piece of the property market?

Most lenders won’t let you take a home loan on a display home. Still, you can finance this type of property in several ways.

It‘s a question all borrowers ask themselves: How can I get the best possible deal on my home loan?

Kit homes aren’t the same as regular new builds. Instead of building from scratch, you construct a kit home using prefabricated parts. However, many lenders are wary of kit homes and may not offer you the home loan product you want.

Are you on a mission to buy property? Well get this in your ears, and turn up the volume - because The Floor Plan is about to make your weekends easier and your finances brighter. Listen for free here.

When it comes to building your own home, what sort of loan do you need? And will it be any more difficult to get than a home loan for a property already built? Let’s find out.

Many people don’t think of their homes as an opportunity to make money: they’re satisfied paying off their loans and living in the property. But what happens if you do want to take on a tenant?

Despite battling some serious health issues, Tracy Bell paid off her mortgage with sacrifice, patience and some careful planning. She shares her story with Donna Webeck.

Taking out a loan to cover the construction costs of your home can be very complex. There are a few important things you should sort out before applying for a loan.

Owning your own home is a big dream that requires sacrifices. You’ll need to be smarter than ever with your money and pay your home loan on time. To help you, we’ve outlined the 10 steps you need to follow to become a homeowner.

Changing your home loan when you move to a new house can present a few problems. It can also be a smart financial move for you. These are the things you need to consider when you move house and change loans.

Super Bowl, a new Kardashian… it’s been a big week. Plus, the RBA has chosen to keep rates on hold for another month. With house prices dropping in most states, it could be a good time to consider your buying options.

These are stressful times for Australia’s property investors. The popular image of property investors might be of the mega-rich, but the reality is that the majority are mum and dad investors who have worked and saved hard to buy an investment property for their retirement or to leave their children.

You may think of it as old-fashioned, but adding a granny flat to your property can be a smart source of income under the right circumstances.

Some loans are better than others, but the difference isn’t always obvious. Learn what makes a good home loan – from competitive rates to mortgage offset accounts, these features make all the difference.

Your real estate agent may appraise your property. However, this isn’t the same as the valuation a lender will carry out. Let’s look at the differences between the two.

It’s important to think about more than your home loan when buying a property. You also have to consider its susceptibility to natural disasters.

Deciding where to invest will depend on a buyer’s individual goals, how much they have to spend and what they might already have in their portfolio. Having some insider knowledge also doesn’t hurt. We chat to some experts about their predictions for 2018.

You could have all sorts of reasons for wanting to buy a second piece of real estate. However, you need to make sure you’re prepared before you commit your money towards a second property.

Buying off the plan can be a smart and affordable way to buy property. But with a looming oversupply of off-the-plan apartments, it also comes with potential risks.