When experienced property investor Tim Gordon agreed to buy a block of land, he didn’t expect the land’s mining-town location to make it difficult to secure finance. After failing to find a lender who could help him, he visited a
There’s no question that the GFC changed lending. For Maria Vincent, policy changes associated with the GFC meant that the lender she already had a mortgage with wouldn’t allow her to release equity from her property to purchase another. Maria
Wondering why your credit adviser is contacting you six months after you’ve settled on your property? The simple answer is that a credit adviser is with you for life. You’ve scored the home of your dreams with the help of
Any renovation project, large or small, can be all-consuming in terms of your energy and money. Here are six loan types that can help you with the latter. Considering transforming your home from ‘blah’ to ‘brilliant’, but lacking the funds
A line of credit can be a very appealing idea, with immediate access to the limit of a mortgage and no extra approvals necessary. Used wisely, it can make investment and purchase of commercial equipment simple, but it can also
Self-employed borrowers come up against the challenge of not being able to simply present payslips and tax returns to back up their loan applications. But this need not stop you buying your dream home. Many lenders offer loans for self-employed
Saving for a home? If you haven’t met with a credit adviser yet, it may cost you. Here’s why. When saving a deposit to buy a home, many people have a goal amount in mind that they need to save
If you’re looking for a creative way to overcome being locked out of the property market by rising prices, buying a house with a group of friends may be a solution. It can also be a minefield though, so here’s
When you’re trying to secure finance for an investment property, it’s important to keep a few simple rules in mind to make sure you get the best deal possible and will be able to afford the repayments, come what may.
Ready to build or buy now, but haven’t yet sold your old property? Bridging finance could be the answer to keep the ball rolling. Trying to sell one property and buy another can be quite a daunting and emotional process,