The rules of property investment have changed! Here are 10 things you need to know if investing in property today. 1. You need more of a deposit to buy an investment property Property investment in Australia is at an all time high. Both the regulator and the RBA have expressed concerns by asking the banks to […]
First home buyers in NSW stand to save up to $35,000 based on the first home buyers incentives released last week. The government has recognised some of the challenges for first home buyers. These include rising house prices, competition from overseas and local property investors. The biggest advantage I see is it helps first […]
Since late last year I have been warning people that banks will be increasing interest rates, regardless of what the RBA does officially. APRA (banking regulator) is trying its best to slow down the rapid growth of investors purchasing property. They sent a letter to all the banks in Dec 2014 to slow down lending […]
If you are thinking of building your own home, you will need to be familiar with the ins and outs of construction loans. Construction loans are just not as straightforward as simple home loans. There are additional decisions to be made about the structure of the loan, additional documentation is required and the funding is […]