Could you build a palace with this new renovation loan?

Graeme Salt Broker 2, News Leave a Comment

Tighter lending conditions have made buying a dream home difficult for many Australians. But, choose your lender wisely and you may be able to renovate to something fantastic. With the Australian property market now in the doldrums, many homeowners are choosing to renovate rather than relocate. And, some lenders are surprisingly generous in what they will let home owners do …

How to Succeed in a Falling Market

Graeme Salt Broker 2, News Leave a Comment

Author – Graeme Salt Sydney recorded its fourth consecutive quarter of falling property prices (-1.2 per cent) while Melbourne was down for the second consecutive quarter (-0.8 per cent). Believe it or not, investors can still make money in the property – if they make wise choices. Australia is one of the largest countries in the World; and to talk …

Has September Been Quiet?

Henry Daniell Broker 2, News Leave a Comment

Well, I started writing this month’s blog and initially thought September had been a quiet month. But, the more I got into it, the more I realised how busy we have been – and also how productive we have been. First, baby Sebastian paid us a visit with his mum, Katya.  Mum and bub seem to be very happy (although …

Four Tips for Graduates Buying Property

Graeme Salt Broker 2, News Leave a Comment

Author – Graeme Salt You have graduated, started your professional career and have had enough of share accommodation – what are your options? For me, backpacking round South America was the goal.  But, many of my clients turn their minds to buying a home once they land a job. For graduates, the options are not that clear-cut.  Often they have …

How to Help First Time Buyers

Graeme Salt Broker 2, News Leave a Comment

Author – Graeme Salt The kids have been saving and saving to get on the property ladder, but things keep getting away from them – how do you help? Paying rent is seriously limiting your daughter’s ability to save for a home deposit – is there anything you can do? Thankfully, many people in their 40s and 50s are in …

The Price is Always Right

ofadmin Broker 2, News Leave a Comment

Author – Graeme Salt Remember the days when borrowers were eagle-eyed to rate changes on the first Tuesday of the month?  Now, the interest rate world is very different. Two years ago, whenever the Reserve Bank met and changed rates, the banks pretty-much said they would pass them on immediately.  Now, it seems to be almost every day that a …

How to speed up your home loan approval

Sourav Dey Roy Broker 2, News, Uncategorized Leave a Comment

Asking how long it takes to get a loan approved is like asking how long a piece of string is. Every application is unique, so the time between your first contact with your bank or broker and approval can never be predetermined. There are, however, some things you can do to help hurry your application along.   Although very rare, …

How to Really Stuff up your Property Purchase

Graeme Salt Broker 2, News Leave a Comment

Author – Graeme Salt You agree to purchase a property for $2.5m, pay a $250,000 deposit – and then find you can’t get finance. You may be surprised to know that this is not that uncommon – and it’s going to become more common both due to a cooling market and tighter lender restrictions. The answer to avoiding all this …