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22.01.2022 When you are looking for a place to fill your car with petrol, do you look at prices? Do you compare them? If there is cheaper petrol two minutes down the road, do you go there? What about your mortgage? When you take a variable-rate home loan it might be the lowest rate one year yet not competitive after three years.... Everyone should do a "health check" of their mortgage at least once every couple of years. Do yours or someone you know need a review?

21.01.2022 Are You or someone you know paying too much on their residential loans? Contact me for a free Home Loan Healthcheck. Here's one new offer:... Minimum loan size $150,000 - no monthly or annual fees. 4.77% pa - applicable for loans < 70% LVR* 4.82% pa - applicable for loans between 70% - 80% LVR 4.92% pa - applicable for loans between 80% - 90% LVR Application fee, standard valuation fees** and standard legal fees waived** Max LVR 90% + cap LMI for purchases and refinances 100% offset facility Maximum of 4 loan splits VISA debit card access available with FREE unlimited ATM access via rediATMs Internet banking available (Incl BPAY) $150 Settlement Fee plus Disbursements apply

21.01.2022 From 3 July 2014 the First Home Owner Rate of Duty applies to a dutiable transaction with a dutiable value of up to $530,000 for a house and land, or $400,000 for vacant land. Nil stamp duty applies on purchase of established homes up to $430,000 or up to $300,000 for vacant land.

20.01.2022 The WA Office of State Revenue has advised there is a new First Home Owners Grant (FHOG) application. This is applicable where the contract is dated on or after Thursday 17 July 2014.

17.01.2022 https://www.financewa.com.au/rba-cash-rate-unchanged-at-0-/

16.01.2022 Suncorp Home Package Plus 3 Year Fixed Home Loan lowered to 4.84% p.a. (minimum loan $150,000 under 80%)

16.01.2022 From tomorrow you will NOT be able to sign when purchasing using a credit card/debit card. You MUST use a PIN

16.01.2022 A number of lenders now offer the opportunity for family members to provide a security guarantee to help with any deposit shortfall and alleviate the need for Mortgage Insurance. This is another way to enter the property market.

16.01.2022 How healthy is your home loan? Use our easy loan comparison calculator to see how your current home loan stacks up against some of the products we have access to. Contact us today to find out about your options are. http://www.financewa.com.au/cal/loan-comparison-calculator/

11.01.2022 Any renovation project, large or small, can be all-consuming in terms of your energy and money. Here are six loan types that can help you with the latter. Considering transforming your home from ‘blah’ to ‘brilliant’, but lacking the funds to support your major makeover? Never fear, we’ve rounded up a few different home renovation loans to help you turn your dream into a reality. Whether you want to make a few finishing touches to your home with the help of a paint job or com...Continue reading

09.01.2022 The average home loan mortgage in WA is now $424,000 with the loan to value ratio (LVR) - the value of a loan compared to the value of the security - at just under 70%. Mortgage brokers account for more than 50% of all loans written across Australia. Do you have a friend, relative or work colleague who may benefit from meeting me?

06.01.2022 There are plenty of upsides to buying an investment property that already has a tenant, as well as a raft of risks. Here’s how to minimise them. Purchasing an investment property that already has a tenant means you collect rent from day one, with no vacant period and no lease fees to find a new tenant. The lease just carries on as it did before you purchased the property. Sound good? Of course it does. There are some possible problems to be aware of though. It’s very ...important to check whether the lease on your prospective investment is current or the tenants are on an expired lease. If the tenants are off-lease, they can give a short period of notice and vacate the property, so those upsides mentioned above could come to nought. A current lease, on the other hand, offers security, it also means that you are stuck with the lease, its conditions (or lack thereof), the current rental return and the tenants. There are steps you can take to minimise your risk: Make sure the bond has been lodged properly. Your agent will arrange for the bond guarantee to be transferred into your name on settlement. Check the property condition report, making sure that it is a complete and accurate record of the property as you inspected it. Ensure there are no rental arrears. If there are, or if a landlord has agreed that rental arrears can be taken out of a bond payment, stipulate that this amount is deducted from the purchase settlement amount. Ask the leasing agent about the tenants and their payment record. You cannot demand that you meet the tenants, but attending the open house will give you a sense of how they live in the property. If possible, sight the tenants’ original application for the property and rental ledger. Look at the yield for rental properties in the area and compare them to yours. You won’t be able to increase the rent until the end of the lease. Be aware of any concessions or conditions that are either in the lease or have been agreed with the landlord or property manager, because these will become your responsibility. For example, does rent include electricity or other utilities? Has the landlord agreed to install a new oven or paint a room? Of course, if you love a property but have doubts about the tenants, the lease or the managing agent, all is not lost. You can easily change the managing agent when you settle. You can also make vacant possession of the property a condition of settlement. You may need to wait until the lease expires to settle, but you aren’t taking on the previous owners’ problems and responsibilities. If your only problem with a tenanted property is the rental yield, keep in mind that increasing rent on a good, long-term tenant may well drive them away anyway, so do your sums. Work out whether the amount you’d like to increase the rent by equates to more over the year than the lease fee plus any rent lost if your property is vacant for a few weeks.

05.01.2022 The ATO and the ACCC are warning taxpayers to watch out for scammers during tax time. ACCC Acting Chair Delia Rickard warned that scammers would go to great lengths to scam taxpayers including impersonating ATO representatives on the phone, sending fraudulent emails and even creating bogus websites. These scams usually involve claims of "tax refunds" owed to the taxpayer and that they require financial details in order to transfer the "refund" to the taxpayer. ... Since 1 March 2014, the ATO has seen a spike in reports from the public of email and phishing scams from 9,368 to 11,344 compared with the same period last year. If people receive a call from the ATO and are concerned about providing their personal information over the phone, they should ask for the caller's name and phone them back through the ATO's switchboard on 13 28 69.

04.01.2022 Westpac is launching a new First Home Buyer Cash Rebate Offer in Western Australia. This $1,000 cash back offer is only available for WA First Home Buyers who apply for new consumer home loan(s) and are eligible for the WA First Home Buyers Grant. Loans must be approved by 31/10/14 and settle before 31/12/14 to be eligible

03.01.2022 ANZ variable interest rates for home loans and investment loans will remain unchanged after the July interest rate review

03.01.2022 Heading to Albany in August as an appointed official of Athletics Australia.

02.01.2022 Commonwealth Bank continue supporting First Home Buyers with their $1,000 rebate offer. The $1000 First Home Buyer rebate is now extended until Saturday 30 August 2014. The rebate is proving very popular with First Home Buyers in assisting them to meet costs associated with buying a home.

01.01.2022 Plan today for success tomorrow. The best way for your small businesses to thrive is to make sure that everything you do contributes in some way to moving forward. With innovative planning and a fast and easy solution to funding, you could inject new life into your business.... Here are some things you could do: Build a new website Run a new marketing campaign Expand or renovate Introduce a new product or service offering Hire more staff during peak periods What we're offering: Unsecured business loans from $5,000 - $250,000 Terms from 3 - 12 months Easy online application process that takes minutes Most loans approved in under 24 hours* Funds usually available next business day Cash-flow friendly repayments We can help you with the funds you need for your business. Take a business loan today and keep your business moving forward!