When applying for a home loan or mortgage for an investment property, you will need to show the bank that you have genuine savings. This means actual savings from your salary, or another form of
Navigating the mortgage and home loan space can be a daunting task. Not only is it important to consider which lender is going to be right for you and how much you should borrow, but
A key step when purchasing your own home or an investment property is to carry out an inspection of the building. Whether you’re buying your first home, or you’re an experienced investor, inspecting a house
One of the most common aspects that separates the truly wealthy from the rest is that they recognise the value of paying for advice. This is particularly true when it comes to their property investment
The Federal Government in Australia has recently announced the $25,000 Homebuilder grant to be paid tax-free to those Australians who are looking to build or renovate their home. This has been announced by the Government
Two of the key questions that our clients ask us are “Should I use a buyer’s agent..?” and “Are they really worth the money..?” so this week we explore the positives and negatives of engaging
The Reserve Bank of Australia (RBA) has warned that Australian property could see another price boom given the current increasing population in major capital cities and the ongoing slowdown in the construction sector. This could
They have been dubbed the “biggest reforms to renting in Victoria’s history” and have already passed Parliament, so it’s important that any Victorian property investors are aware of these changes. The proposed reforms to the
Of the approximately 2 million Australian property investors, it is estimated that 75% will work with a property manager to ensure that their investment goes smoothly. There is no ‘one-size-fits-all’ approach to deciding to use
Interest rates in Australia are current at record low levels, with the Reserve Bank of Australia (RBA) deciding to keep rates on hold this month at 1%. As global tensions rise, particularly between the US
Westpac announced in the first half of 2019 that they would be unwinding its mortgage portfolio, leaving hundreds of borrowers stranded with a need to refinance before the end of September 2019. With just two
When it comes to planning your property purchase, whether you’re looking to buy an investment property or your own home, it’s important to plan for more than just your standard 20% deposit. It’s also vital
Applying for a new home loan or investment property loan can be a daunting process, particularly if this is your first loan and you’re looking to purchase your first property. Our aim at Loansuite is
The Reserve Bank of Australia (RBA) has cut the Australian cash rate to a new low in June, so it’s important to look at what this could mean for Australian expat property investors and those
It was Bill Shorten’s and the Labor Party’s election to lose, and they’ve managed to achieve this with flying colours. Scott Morrison and the Coalition have managed to retain power and will lead Australia for
The 2019 Australian Federal Budget has just been released last week, and it has left Australian property investors with a range of items to be smiling about. With a Federal election, just around the corner
The last few years have been particularly difficult for Australian expats and residents alike in obtaining financing, particularly for Australian property investors. With many Australian expats in particular being declined by their bank, or finding
Let’s face it – financial literacy in our communities is appalling, and our education systems are not moving fast enough to drive meaningful change in this area. Our children are leaving school with valuable life
The Hayne report was handed down and released to the public on Monday afternoon of last week. Very few expected that brokers would bear the brunt of the sweeping recommendations made by Hayne, and that
We are often asked by Australian across the globe one very common question – “I’m an Australian expat, can I still get a home loan or investment property loan in Australia..? With all of the
With interest rates in Australia at record lows, it can seem like an impossible task to save up your deposit for your own home. While two heads are better than one and saving as a
As the festive season ends and we dive into a fresh new year, it’s always a great time to review your finances, repay any credit card debt that has resulted from the Christmas festivities, and
Whether you’re an Australian expat looking to purchase an investment property back home, or you’re an Australian resident looking to buy your first home, there is a lot you need to know about the features
Many Australians working around the globe are transferring money from their country of residence to Australia. Whether it’s to pay for the deposit on your new investment property, make regular repayments for your home loan
We are constantly bombarded by news headlines and myths that spread like wildfire when it comes to borrowing as an Australian expat. Whether you’re seeking to buy your future home, purchase your first investment property
“Compound interest is the eighth wonder of the world…he who understands it, earns it…he who doesn’t, pays it” Albert Einstein Australian property is one of the greatest examples of compounding returns, and as many
There have been many myths floating around the Australian expat hubs such as London, Singapore, New York and Hong Kong, so our team thought it was time to dispel some of the more common Aussie
For many Australians, owning a property will be one of the most important financial commitments of their lives. For Australian expats, purchasing an investment property back home is often an attractive strategy, particularly when in
When it comes to designing your Australian property investment and gearing strategy, one of the key elements that you need to consider is the overall cash flow. Are you looking for your property investment to
One of the few certainties in life is uncertainty, and this certainly applies when it comes to your mortgage and personal finances. By burying your head in the sand, or simply assuming that once you’ve
One of the most important elements of getting your own loan structuring right is to avoid debt pollution. Simply put, this occurs when the purpose of your debt is not clear from a tax perspective
The richest 1% of our population owns over half of the world’s wealth, and much of these fortunes has been derived from smart and successful property investments. Thanks to the Forbes Rich List we can
Mixing emotion with your property investment decisions can often become a very expensive lesson. As property is a tangible asset, far too often we will ‘fall in love’ with a particular property, ignore all of
A pre-approval on your home loan can be a valuable step in the process of purchasing your own home or investment property. This means that you can attend an auction or submit an offer on
2017 has passed and we’ve survived a full year of Trump, Australia entered the 21st century and allowed same-sex couples to marry and North Korea continues to add tension with the threat of a nuclear
“Your greatest resource is your time” - Brian Tracy You’ve found your dream home or your new investment property and now it’s time to arrange the finance. While it’s generally not the most exciting step
While home ownership rates in Australia have declined over recent years as prices have risen, particularly in Sydney and Melbourne, there are still approximately 60+% that own their own home, with 31% owning their own
“Never invest in a business you can’t understand” - Warren Buffett The same words of wisdom apply to any asset class, and as Australian expats one of the most widely understood (or at least perceived
Heritage Bank has just announced that they will no longer be offering investment property loans for both Australian residents and Australian expats. This is due to the fact that they would breach APRA’s lending growth
With the Reserve Bank of Australia (RBA) keeping cash rates at record lows throughout 2017, it may be wise to consider reviewing your home or investment property loans. Below we’ve highlighted some of the more
