Housing and housing affordability featured strongly in this year’s 2017 Federal budget, with the government sought to address the housing supply issue by: limiting the foreign ownership of new developments to 50%. imposing of a ghost tax for properties owned by foreigners and kept vacant. providing incentives for retirees to down size to create further supply. […]
There’s an old saying that you should never judge a book by its cover, and this is true for houses – after all, who would buy one having never seen more than the front door? Open inspections are opportunities to really flick through the pages, and here’s how to take full advantage. Really use […]
There have been a lot of changes to credit policy for investors lately and is a topic that clients and business partners are always asking about. So I thought I would highlight some of the significant changes and impacts they are likely to have on the overall lending and real estate landscape. Why the changes? […]
Comparing apples with oranges doesn’t make sense. To make finding the right loan easier, and to make advertised rates as transparent as possible, we have comparison rates. You’re looking for the best mortgage deal and you see an ad. It shouts ‘3.8% INTEREST!’ and, underneath that seemingly too-good-to-be-true rate, ‘7.9% comparison rate’. What does this […]