Australian Mortgage Planners in Baulkham Hills, New South Wales | Financial consultant

Australian Mortgage Planners

Locality: Baulkham Hills, New South Wales

Phone: +61 2 9688 7888

Address: Suite 6, Chelsea Centre, 1 Railway Street, 2153 Baulkham Hills, NSW, Australia

Website: https://www.amplanners.com.au/

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25.01.2022 Have you thought about your retirement? Like most things, the sooner you start, the better the result. An age pension make keep you alive, but won't help you to live. Meridian Australia Stephen Dinte

25.01.2022 Possibly a good time to consider becoming a landlord. Meridian Australia

24.01.2022 Special thanks to Grant Abbott from lightyeardocs for this information: - ASIC Warning: Accountants Using Dangerous and Risky Company Set-Ups ASIC has released a warning - Info73, that in the event of the death, incapacity, or bankruptcy of a sole director company that:...Continue reading

23.01.2022 What are the extra costs of buying a home? Application & establishment fees, stamp duty + more. When taking out a mortgage, many people forget to consider the associated fees and expenses. Here are some of the extra costs that you’ll need to consider when you take out a home loan.... Home loan application fees Most lenders charge a home loan application fee. This can range from loan to loan, and covers: Loan contracts Property title checks Credit checks Attending a settlement Mortgage fees and costs Mortgage establishment fees Lenders generally charge a mortgage establishment fee a fee for setting up a mortgage. Property valuation A third party chosen by the lender, is appointed to determine the value of your land and improvements. Mortgage registration Your Mortgage deed needs to be registered with the government. Mortgage stamp duty Some State Governments charges stamp duty to register your mortgage. Lenders mortgage insurance If you don’t have 20% of the purchase price or the value of the property, the lender will require you to pay for a lenders mortgage insurance policy that covers their risk in the event you default on your repayments. Property fees and costs Building, Pest and Electrical Inspection fees It’s wise to have your property inspected for any structural or electrical problems and for pests (e.g. termites). Stamp duty Governments charge Stamp Duty to transfer the ownership of a property. Registration of transfer fee The new owner of the property needs to be registered at the Land Titles Office. Legal fees You generally need to pay a Solicitor of Settlement Agent to handle the transfer of ownership of the property on your behalf Home & contents insurance Most homeowners insure their home and contents against a range of threats: burglary, fire, storm, etc. Lenders insist that your property is insured while you have a mortgage. Life and income protection insurance Borrowers should consider protecting their incomes and themselves while they have a mortgage. Utility costs Connecting electricity, gas and telephone can attract a fee. Council Rates Your local council charges rates to cover garbage collection and a host of other services. Water Rates The water corporation charges rates for the supply and upkeep of water to your property. Body corporate fees If you buy an apartment or Strata Titled property, body corporate fees are charged, and some fees can be significant particularly if the building is in need of a major work (e.g. concrete cancer, security upgrade, new hot water system, etc) or if there are lifts, pools and other communal facilities. Maintenance costs Don’t forget to make provision for regular maintenance on your home even if you decide not to undertake significant renovation. To learn more about the hidden costs of buying a home, talk to Stephen today.

22.01.2022 Most of you are aware that I am a proud Rotarian. Let me know if you can help.

22.01.2022 The most common question I get asked. "Can this keep on increasing?" Meridian Australia

20.01.2022 https://www.nsw.gov.au//what-you-can-and-cant-do-under-rul

17.01.2022 SAVE THE DATE Don't miss this one. Register NOW Next Thursday, 15th April at 7pm log in to hear from guest speaker Director at KPMG, Terry Rawnsley. Terry, and the Meridian Australia team, will be revealing the leading forecasts and takeaways during this first investor panel meeting for 2021. Terry will speak on the urban and regional economic growth and investment across the nation.... Meridian Australia Stephen Dinte See more

17.01.2022 Home Values Continue to Rise. Are you now able to secure an Investment property? Let's find out.

17.01.2022 If you have ever thought about investing in property this interactive webinar on June 24th might answer any questions you might have. Register via this link; - https://www.meridianaustralia.com.au/interactive-webinar Before taking this step, it is vital that you gain knowledge, and that is what this webinar is all about.

17.01.2022 Education, the key to success.

16.01.2022 Regional Property Markets on the Rise Regional property markets have picked up significantly over the past 12 months, even outperforming Capital cities. #AustralianMortgagePlanners #Property #PropertyInvestment

15.01.2022 As per this ABC report I've just read, the big four have now uploaded their mortgage data to the system! 80% of all mortgages in Australia are now recorded as repayment history information (RHI) on credit reports.

14.01.2022 Members of The Ponds Rotary Club doing their bit for Clean Up Australia. A great bunch of people to be associated with.

14.01.2022 One of the most common questions I get asked. Meridian Australia

13.01.2022 I have another very happy young lady (single first home buyer) who received formal loan approval this morning. She had saved 10% of the purchase price, so needed a 90% loan + lenders mortgage insurance added on. The unit she is purchasing is under the concession threshold, so no stamp duty payable.

13.01.2022 Let me know if this is something you would like to investigate

13.01.2022 I have a large number of wonderful nurses as clients and just know they will appreciate this.

12.01.2022 With the reduction to income tax rates, having an investment property that actually makes you money is the better option. Meridian Australia

10.01.2022 If you are looking to either purchase or sell a property in NSW, you need to know about this: - People buying property in NSW commonly report underquoting as an issue. The practice of underquoting can cause interested buyers to waste time and money on inspecting properties, getting reports and attending auctions based on misleading estimates of the selling price. ... The underquoting reforms introduced in 2016 to the Property and Stock Agents Act 2002 provide clarity for buyers, sellers and agents. The Act makes: the rules clear for agents. Agents must not give potential buyers understated property values or use non-compliant or misleading terms when marketing the property value. enforcement more effective. If requested by a NSW Fair Trading officer during an inspection, agents must be able to provide appropriate documentation to show they have complied with the laws. Information for agents It’s important for agents to know the Underquoting guidelines for residential property. Agents who commit an underquoting offence can be fined up to $22,000 and could lose their commission and fees earned from the sale of an underquoted property. Information for prospective buyers A property selling for more than expected does not necessarily mean that underquoting has occurred. Sometimes, on the day, highly interested and competing buyers result in a much higher sale price than what an agent could have reasonably estimated. The law requires agents to be able to show their estimate was reasonable, up to date and evidence based. Agents need to document the estimated selling price (ESP) at the time they enter a sales agreement with the vendor. The ESP will dictate the lowest value an agent can market the property. Information for property owners If you’re selling a property with an agent, make sure the agent provides the Mandatory agency agreements document. Visit the Fair Trading website for more details on underquoting for sellers. We are here to help. Fair Trading investigates property complaints and conducts proactive compliance programs throughout the year. We are focused on making sure businesses follow the laws for underquoting, auctions and private treaty sales. For further information on how the laws help protect prospective buyers, visit the Fair Trading website. Let us know if you are concerned about underquoting. You can lodge a complaint with Fair Trading directly via the website or by calling 13 32 20.

08.01.2022 The financial wellbeing of my clients is a priority and I know that unexpected events can happen like the one we are experiencing right now - which may make it difficult for some people to maintain their loan repayments. If you are affected, please talk to me sooner rather than later. My goal is to work with you, free of judgement, and to look at a solution to assist you to get back on track. It could be as simple as accessing extra repayments made on your loan or calling ...your lender to request adjusting monthly repayments on your home loan in response to the recent interest rate reduction, the temporary postponement or reduction of loan repayments or arranging a longer-term loan variation. Whatever the case may be, the sooner you call, the sooner I can look to help you. Know that we are all in this together, and that this too will pass. See more

08.01.2022 Meridian Australia

07.01.2022 There to help if needed.

07.01.2022 Here is a story to show that there is some intelligence in the world. A library fine amnesty scheme has prompted Brisbane residents to donate more than 21 tonnes of food to Foodbank Queensland over the holiday period. About 48,000 cans of food were delivered under the scheme, in which residents who donated a can to the charity had their library fines waived.... More than $213,000 in library fees was waived and about 3400 books were returned to libraries. For the past 10 years, all of council’s 33 libraries have waived overdue library fees during December in exchange for a donation of canned food to help fight hunger, lord mayor Adrian Schrinner said. Brisbane residents went into overdrive this year and have helped Foodbank provide almost 39,000 meals to people in need across the city. Chermside and Ashgrove libraries reported the highest number of donations and fines waived. Chermside residents donated 3546 food items, saving themselves almost $18,000 in fines, while Ashgrove received 3360 donations, saving $15,000 in fines. Public support for council’s library amnesty continues to have a positive impact on the community, and it’s remarkable to see that we’ve collected more than 400,000 cans of food in the past decade, Foodbank Queensland chief executive Sara Harrup said. The demand for our services is increasing every year, and it’s partnerships like this that enable us to continue to fight hunger in Queensland. This article is republished from www.brisbanetimes.com.au under a Creative Commons license. Read the original article.

05.01.2022 This is exciting news if you are a home owner. A lot more younger folk are becoming rent/vestors, buying a property that they rent out in an area where they can afford to purchase, whilst they continue to rent where they want to live.

04.01.2022 Treasury’s draft mortgage broker bill has benefits likely to come through the adoption of additional legislation. The proposed legislation will impose a best interest duty meaning brokers will be able to say to customers, ‘I act in your best interest. If you go to a bank, they can't act in your best interest because they can only offer their own products. Yet another compelling reason to only deal with your trusted mortgage broker.

03.01.2022 A Beginner’s Guide to Deposit Bonds Struggling to get access to a 10% cash deposit for your property purchase? You’re not alone. Whether you’re a first home buyer, downsizing or investing, getting the deposit together is one of the major hurdles facing home buyers today. ...Continue reading

03.01.2022 These deposit bonds are very handy if you are moving home and have not sold, or if you are buying a property for investment.

02.01.2022 https://www.theadviser.com.au//41061-broker-market-share-s

01.01.2022 An industry body has warned that unscrupulous operators have already begun targeting super fund members and offering to assist them in taking up the new early release super measures. The measures are part of the government’s economic support package allowing qualifying individuals suffering financial hardship to access up to $10,000 of their superannuation in 201920 and a further $10,000 in 202021. People need to be on their guard if they receive unsolicited calls about their superannuation.

01.01.2022 New research from comparison site Finder found that on average, borrowers on a variable rate home loan are set to save more than $100 a month due to recent rate cuts. On the other hand, if borrowers choose to forgo the $100 a month saving and instead continue to pay the same monthly repayments, Finder calculated the typical borrower would save $40,213 and reduce their home loan term by three years. You have been told!