Greg Bishop in North Sydney | Property

Greg Bishop

Locality: North Sydney

Phone: +61 410 535 633

Address: Level 3, 153 Walker St 2060 North Sydney, NSW, Australia

Website: http://shorefinancial.com.au/team-member/greg-bishop

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25.01.2022 First Home Buyers It’s time to buy! A tightening of restrictions on investing lending is good news for first home buyers. Since June 2017 there has been a fal...l in the number of loans made to investors, but loans to first home buyers have surged strongly, particularly in VIC and NSW. Other reasons include: -The interest rate advantage. Home buyers can access lower interest rates than investors can. On top of that the interest rate outlook remains favourable for borrowers, with official interest rates expected to remain at their current low levels well into next year. -First home buyer grants. All states and territories provide grants to first home buyers. Amounts and conditions vary from state to state, ranging from $10,000 to $26,000. Stamp duty reductions and waivers are also available in some states. -Apartment supply. A large number of apartment developments are now being completed, giving first home buyers more stock to choose from. -A tighter rental market. With fewer properties going to investors there will be increased competition in the rental market which will likely push up rental prices. If you are looking to buy your first home, now looks like a great time to take the big step. Contact Shore Financial to find out more about financing the purchase of your first home.

17.01.2022 Here is a BIG SECRET that the banks don't want you to know. You can save tens of thousands of dollars and shave years off your mortgage, just by changing your repayments to fortnightly... it's that easy! Say you have a loan of $300,000 charged at 6% over 30 years. Your monthly repayments would be $1,798.65 with an annual repayment of $21,583.80. If your lender calculates your 26 fortnightly repayments by halving your monthly repayments, you’ll pay $899.33 every second week f...or an annual total of $23,382.58. This change equates to an extra payment of $1,798.78 a year. By doing this, you’ll pay off your loan five years and six months earlier than average and save a whopping $74,000 in interest. Get in contact with me to discuss your options and how I can help: Ph 0410 535 633 [email protected] http://bit.ly/GregBishop Or send me a message.

16.01.2022 Don’t wait for the so-called property crash to purchase a property. This article released today by ABC News indicates that the property market will stay strong as mortgage arrears have remained low. Contact me directly to discuss your options: Phone: 0410 535 633 Email: [email protected] Website: http://bit.ly/GregBishop... http://www.abc.net.au//low-mortgage-arrears-shows-/9490216

10.01.2022 Now is the time to consider applying for a fixed rate to your mortgage as rates are rising! Please contact me today to discuss your options on 0410 535 633

04.01.2022 Here are two helpful tips for people struggling to get into the real-estate market. 1. If you have good rental history, I can substitute that for a 5% deposit by using that rental history as genuine savings. That means you may only need a deposit of 2-5% of the purchase price. 2. If the property is less than $650,000, you won't need to pay any stamp duty. Stamp duty is also heavily discounted for properties up to the value of $800,000. - Do you want to know how much you can ...borrow? - Contact me to discuss your options: Phone: 0410 535 633 Website: http://bit.ly/GregBishop Email: [email protected] See more