Premium Select Finance in Canberra, Australian Capital Territory | Home improvement

Premium Select Finance

Locality: Canberra, Australian Capital Territory

Phone: +61 411 061 083

Address: 28 University Avenue 2600 Canberra, ACT, Australia

Website: https://www.premiumselectfinance.com

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• Mortgage brokers

16.01.2022 MILLENNIALS KEEN TO ENTER POST-COVID PROPERTY MARKET Australians are passionate about homeownership, with Millennials particularly keen about climbing onto the property ladder. More than one in four Australians (26%) plan to buy a property in the next two years, according to an ING survey of 2,113 people. The number is even higher for Millennials, with about one in three (32%) planning to buy a property within the next two years. There’s a feeling COVID has softened the prope...rty market and made homeownership more achievable 46% of Millennials hold that view. The key reasons why Australians believe buying a home in the post-COVID market is more achievable are: LOW INTEREST RATES = 39% A MORE AFFORDABLE HOUSING MARKET = 33% NEW GOVERNMENT SCHEMES = 32% Also, 69% of people say the pandemic has forced them to take more control over their finances. The average price people want to spend on a home is $644,000 in NSW, $575,000 in Victoria, $504,00, in Queensland, $477,000 in Western Australia and $467,000 in South Australia. See more

10.01.2022 John shares some useful information about the current condition in Property Market.

08.01.2022 Information on how to prepare your home if you want to sell to get the best price possible.

04.01.2022 There’s no shame in deferring payments’ Deferring mortgage repayments is a lesser evil than having to sell property in the current market if you can hold off, a mortgage broker has advised. deferring payments... On a recent episode of The Smart Property Investment Show, a well-known mortgage broker has said the best thing to do if you are struggling to pay a mortgage at the current time due to financial distress is to call the bank and see how they can help. He acknowledged that many homeowners and property investors are struggling right now with job and income cuts, which can lead to emotional decision making and quick sell-offs. The best thing to do is do this before we start to fall into arrears. Let’s get on the front foot because if you are in arrears missing a repayment or two it’s just something that the banks don’t want to encourage and they don’t want to endorse, he said. It’s all about being proactive, according to the broker: Don’t dig your head in the sand, let’s get on top of this. It’s why he said that there’s no shame in deferring repayments. Explaining his stance of being completely on board with it, he acknowledged that others would argue that you’ll end up having to pay more interest over the life of the loan. But how many people actually serve out a 30-year loan term? he queried. They’ll generally pay it off faster than that as well, and the growth on those properties right now probably offsets, in fact, probably more than [offsets], the loss if they took it. The potential for capital growth would likely even offset the interest that would be sustained from a six-month deferment, the broker outlined.

02.01.2022 Just for your thoughts, members and friends..!!!