If buying a new home were a marathon, settlement would be the finish line. It’s the bit where you finally take legal possession of the property – but there’s a little more to it than simply handing over the cash and picking up the keys. Settlement...
There’s more to buying a house than meets the eye. It can help to tally up all the costs of home-buying before you start. First home buyers can sometimes get a shock when they add up all the costs and discover that buying a house can...
If you’re a first home buyer, you may be eligible to withdraw voluntary super contributions you’ve made to put toward a home deposit. Through the First Home Super Saver Scheme (FHSSS), first-home buyers may be able to use Australia’s superannuation system as a tax-effective way to...
Offset accounts and redraw facilities are both common home loan features, but do you know the difference between them? Many home loans these days come with either an offset account, a redraw facility or both. But how do they work, and which purposes might each one be...
Property markets across Australia have taken a hit from the Covid-19 crisis – but in some areas, house prices are expected to shoot up because of the pandemic. Though national property prices slid 0.6 per cent in July, some regional areas in Victoria, Western Australia, Queensland and...
In days gone by, customers were rewarded for being loyal, however, today this doesn't seem to be the case. The practise of charging more on mortgages for older loans, compared to discounting for new clients has become such common practice, the Reserve Bank of Australia has...