When you secure a new mortgage, banks will often pop a chunk of cash into your account – usually between 0.1% and 0.7% of your loan’s value. This is known as mortgage cashback. You can do whatever you like with this cash but homeowners often spend it on...
Buying a home costs more than the purchase price. There are countless extra expenses that will come up before and after a property purchase, all of which can cause a huge headache if they’re not properly planned for. To make sure you know exactly what to expect,...
There’s no point in sugarcoating it – saving a deposit to buy your first home can be a massive challenge. You’ll most likely need 20 per cent of the property’s value, which is a whopping $100,000 for a $500,000 home. While the task may be imposing, it’s...
High rental yields make property investment easy. If a property has the ability to cover its own expenses with rental income, there’s not much to do except sit back and watch your equity grow. Unfortunately, the highest yielding properties are often found in...
Have you ever considered buying a home with a friend or family? It can be a great way to get into a property sooner and split ongoing costs to make owning a home more affordable. With that said, there are risks involved. To make sure you don’t put your...
