Adelaide Residential in Fulham | Financial service

Adelaide Residential

Locality: Fulham

Phone: +61 8 8353 3322

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25.01.2022 Mother's Day Giveaway!

23.01.2022 Please call us on (08)8353 3322 to book an appointment or visit us at www.henleyhomeloans.com.au to make an enquiry online

22.01.2022 Imagine living mortgage free? Thanks to the Hospital Research Home Lottery you could be doing just that at 102 Seaview Road, Tennyson with a Mercedes-Benz GLC 2...50 in the drive and $500,000 cash in the bank if you are the grand prize winner which is worth over $2.5 million! Full story + link to buy your ticket: http://bit.ly/2q9KWoz

20.01.2022 Tip #8 for Buying an Investment Property - Check the age and condition of the property and facilities Even with negative gearing, needing to replace the roof or hot water service in the first few months of ownership could make significant difference to your profits and really damage your cash flow. It is therefore advisable to engage a professional building inspector before you purchase (and then once a year) to conduct a thorough inspection of the property to find any potent...ial problems. It is also wise to use a qualified trades person who is licensed to carry out the work and who has adequate insurance to protect you against poor workmanship. It’s not always a bad thing to buy a property that is not in peak condition because you get the opportunity to improve the value of the property by fixing the place up and this can increase your returns for both capital growth and rental income. Now you can’t do that when you buy shares.

19.01.2022 Tip #7 for Buying an Investment Property - Negative Gearing! Negative gearing can offer property investors certain tax benefits if the cost of the investments exceeds income it produces. Australian law allows you to deduct your borrowing and maintenance costs for a property from your total income. However, you can only get a tax benefit if you earn other taxable income in the first place. ... So, while you are actually making a loss on the property, the advantage is that the loss can be used to reduce the amount if tax on your other earnings. However don’t buy an investment property just to get a tax deduction. See more

10.01.2022 Switching home loans could help pay down your mortgage sooner, providing you are refinancing for the right reasons and understand what’s involved. Here’s our ...guide to refinancing to help you make the right move when the time comes. Know the costs Paying 0.5 per cent less per annum on a $250,000 principal-and-interest mortgage could save you around $23,000 over the life of a 25-year loan. That’s a sizeable chunk of change back in your pocket over the long term, but there are usually up-front costs associated with switching loans, especially if moving to a new lender. Know the costs of exiting your current mortgage loan before switching. Depending on the type of variable rate loan you have, the lender may apply fees if you choose to bow out. If you are on a fixed rate loan, a cost will usually apply when paid ahead of the agreed timeframe. You should also factor in any set-up costs for your new loan, which can be several hundred dollars, and any ongoing account fees. Only once you have factored in all of the associated costs will you be able to assess whether you gain financially by refinancing, and that’s where we can help you make the right decision. Compare products and service A lower interest rate is a great reason to switch but it shouldn’t be the only deciding factor. Make sure the new loan is flexible enough to meet your needs and help you get ahead as quickly as possible. Some benefits to consider: Can you make fortnightly repayments? You could pay off your loan quicker making payments every two weeks instead of monthly. Can you make lump sum payments? Any extra repayments above and beyond your regular schedule will shave dollars and time off your loan. Does the new loan offer a redraw facility? It’s great to stash extra cash in your mortgage to pay it down quicker but if you think you may need it back at some point, make sure your new loan lets you access those excess funds. To fix or not to fix? We’re still enjoying low interest rates on the back of the historic lows the Reserve Bank of Australia cash rate is at, but make sure with any change you consider you have some wriggle room for if rates do rise. Make sure you’re futureproofing at every turn. What features are important to you and think about the ones you could do without. Why pay for the bells and whistles attached to a loan if you don’t use them? Different features when it comes to technology, service and availability rank differently for everyone, so figure out what’s important to you and we’ll help you match it with the right product and the right lender. Working with us to sharpen the pencil. Just one of the benefits of having us on side when it comes to your finance is our ability to work with the right lenders on the right price when it comes to things like your rate and your ongoing fees. Switch to save Many borrowers refinance to consolidate debts, bundling credit card balances, personal loans or car payments into their mortgage, which usually carries a much lower interest rate. The benefit is lower minimum payments on your debts overall, which can be a benefit for cash flow. But that doesn’t mean you are saving on your home loan. Try to make the most of the lower rate to knock down the total debt quicker so you are not simply adding to the duration of your mortgage. And make sure you cancel any credit cards once you have transferred the balances into your mortgage so you are not tempted to rack up more debt. Direct your debits If you switch to a new loan, make sure you also switch any direct payments and debits. It’s easy to lose track of what’s being paid, and how and when. Run through the most recent three months of statements for your original loan to identify any direct payments, and notify the biller as soon as possible so you don’t jeopardise your credit rating. You should also give your employer your new account details if your wages are paid directly into your mortgage. Check your borrowing power One of the biggest oversights borrowers can make when shopping for the right home loan deal is their current financial situation. Has it changed since you took out your original loan? If the answer is yes, and it’s not for the better, you may find your borrowing power has shrunk, which could limit your refinancing options. You may have: started a family and no longer have two full-time incomes; switched careers and now earn less; started your own business, creating a less regular income stream; accumulated other debt, such as credit cards or car finance; or eroded your credit rating through late payments. Any of these factors can impact your borrowing credentials, and may give you fewer bargaining chips than when you took out your original loan. Do a thorough assessment of your total income, expenses, outstanding debts and credit rating so you understand your true financial position before shopping around. Talk to your broker Take the time and stress out of shopping for a new loan by letting us as your mortgage broker handle it for you. We have access to multiple lenders with multiple products, allowing us to cast a wider net than you probably can on your own to find a home loan deal that suits your needs and circumstances. Brokers can also often gain access to lenders who are happy to take on self-employed borrowers, or those who don’t advertise heavily to consumers, but still offer competitive home loans. The benefits of having us onside are numerous; and the reason that now more than 52 per cent of Australian borrowers use a mortgage broker to arrange their finance. For more information on how we can help you, call us 08 8353 3322 or email [email protected] and we will gladly assist you

10.01.2022 Tip #10 for Buying an Investment Property - Take a long-term view & manage your risks Remember that property is a long-term investment and you should not rely on property prices rising straight away. The longer you can afford to commit to a property the better and as you build up equity then you can consider purchasing a second investment property try not to get too greedy and find the right balance between financial stability and still being able to enjoy life. Financial security is very important but life is not just about mathematics. Finally, remain aware that unlike shares or managed funds, you can’t just sell part of your investment property if you need money. In short, be cautious, but consider that record migration levels and a rental property shortage are crucial factors favouring investing in property.

09.01.2022 Today's bathroom inspiration we also do renovation loans!! Please call us on 08 8353 3322 and speak to one of our friendly staff or visit our page, www.henleyhomeloans.com.au for more info

03.01.2022 GIVE-AWAY ROYAL ADELAIDE SHOW Family Pass To show our appreciation to all our clients and Facebook followers, we are giving away a Family Pass to th...e Royal Adelaide Show. Please like our page, this post and tag your friends that also deserve a Family fun day at the Royal Adelaide Show. Winner will be drawn on the 25th August and contacted on the day to organise ticket collection. Good luck everybody! ~ Henley Home Loans team Family Pass (2xA + 2xC) or (1A + 3C) This promotion is in no way sponsored, endorsed or administered by, or associated with, Facebook and/or Royal Adelaide Show

02.01.2022 Royal Adelaide Show Family Pass Give Away click on the link below