Since the lenders cracked down on popular options like interest-only loans, finding creative finance strategies for growing your property investment portfolio has become more important than ever. As an investor, how you set up your finances can have a huge impact on the success of your property portfolio. In this article, we share a few property investment finance tips that every savvy property investor should know about.
Spring is here and if you’re in the market to buy a property during the busiest time of year, you’ll be hitting the open inspection circuit in a big way! Here are some tips to help you see past the cosmetics and help you determine the right price to pay for the home of your dreams.
Your credit report paints a picture of your life as a responsible bill payer and borrower. Under the new Comprehensive Credit Reporting (CCR) regime introduced this year, it has increased in importance because lenders will be required to take it into consideration when approving your home loan. That’s why it’s a good idea to keep yours in good shape.
There are many benefits to renovating your home. Renovations add value to your property, whilst also giving you the opportunity to improve your lifestyle. For those looking for more space, it may also be a more cost-effective option than buying a new place, considering the cost of agent’s fees and stamp duty.
This month, we saw important changes come into effect that could impact your ability to take out a home loan – or make it easier, depending on your credit history. In this article, we explain the new credit reporting changes and how they may affect you.