A construction loan is where you as the client in most cases will buy vacant land and enter into a contract with a builder, to build your home or investment property. In this Blog we’ll go over what that looks like and some common questions around building and dealing with the banks. What types of […]
What the jobs numbers are showing us The unemployment rate rose 0.1 to 4.7%, that’s seasonally adjusted, so there’s 8,900 more people that are looking for a job. They’re out of work, and this is taking the total to 732,000. Employment also fell by 39,300 in the month of September. August was just under 30,000 […]
One of the most common questions we get asked as brokers, is “are we better off buying an established place, or building ourselves”. The data behind the answer to this has changed a lot in the past 5 years, so here is what you need to know. Here’s some of the grants and incentives […]
A lot of the first-time buyers we talk to, they’ve already spent time researching and reading up before they get into contact with us. Most of them will end up more confused than when they first started researching or having a look around. The thing is the rules have changed a fair bit this financial […]
What is Equity and how do I calculate it in my home? Simply broken-down equity is how much your property/asset is worth less the loan you currently have on it. So, in basic principle can be quite easy to work out. On a home worth $750k with a Mortgage of $300k, the difference is the […]
What Happens at a Bank Valuation For a Mortgage? Every lender requires some sort of valuation to be done on the property you are buying or refinancing. The property is the bank’s security for your loan, so the valuation is there to protect the lender. Here’s what you need to know about the valuations if […]
How Lenders Mortgage Insurance Works Lenders Mortgage Insurance can be the difference from getting into a home now or having to wait years to save a larger deposit. Firstly, Lenders Mortgage Insurance also known as LMI is an insurance premium you need to pay to protect the lender in case you default on your loan. […]
The Hidden Value of Keeping Your Credit Card Limits Low Credit cards come with plenty of perks, making them a convenient tool for everyday spending. But what many people don’t realise is that they can quietly affect your borrowing power. Let’s start off by exploring the benefits of having a credit card, as well as […]
Buying your first home is an exciting milestone. However, for many, home ownership can be a daunting experience to navigate, and purchasing your first home might be the biggest decision you make. To make the home ownership journey for first-home buyers that little bit easier, the Australian Government has introduced the 5% Deposit Scheme, which […]
Heading toward the end of 2025, many Tasmanians are starting to think about making a move before the new year. For some, it’s the exciting moment where buying a first home finally feels within reach. For others, it might be time to sell an existing property or take a look at lending options. Whatever your […]
Buying a home is one of the biggest financial commitments most people will ever make. That’s why the condition of the property matters just as much as the price. Hidden structural risks can lower a property’s value, make it harder to sell, and even put your home loan at risk. As local property finance experts, […]
Securing finance is one of the biggest steps in the property journey. Most buyers know they’ll need income checks, savings history, and a valuation — but fewer realise that the condition of the property can also affect the process. Hidden structural risks or costly repairs can undermine value, delay settlement, or even jeopardise loan approval. […]
