A Dickens of a property market
By Graeme Salt “It was the best of times, it was the worst of times” Charles Dickens A Tale of Two Cities The budget is already having a huge impact on the property market, with investors now focussing on new-builds thus giving owner occupiers less competition. This week, many of my clients have shown the […]
$250,000 less – that could be this budget’s impact on your borrowing capacity.
By Graeme Salt This week’s budget made a number of key announcements, one of which was to remove negative gearing benefits for newly purchased properties except for brand new properties. This difference between old and new will have a huge impact on your borrowing capacity due to the different way banks assess the impact of […]