MoneyQuest in Box Hill | Mortgage brokers

MoneyQuest

Locality: Box Hill

Phone: +61 448 787 117

Address: 28 Rutland Road 3128 Box Hill, NSW, Australia

Website: https://www.moneyquest.com.au/franchise/box-hill

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25.01.2022 Spring is in the air and with the promise of fresh flowers and brighter days comes the guarantee that more properties will hit the market. Do you know what experts are recommending for the selling season? Get your finances under control before you get to that ‘ready to buy’ stage. There are a few things you need think about Is your budget in order? Have you got a regular saving schedule in place? Do you have the deposit in savings? Do you have pre-approval in writing? A...re you going to go with a fixed or variable rate? Do you know what conditional approval is? Is this sounding like a bit too much? Then we have another option call one of our brokers and they’ll organise the rest. That sounds better!

25.01.2022 2020 has been quite a year, and it's safe to say we are kind of looking forward to the one event that simply cannot be cancelled or moved to Zoom. Christmas, yes, Christmas is almost upon us, and we are jumping up and down with excitement (well, aren't you?)! If you're keen to celebrate the season without breaking the bank, we have a few ways to join in on the festivities and keep the spend-down Like, when is a tree, not a tree? Get inspired, be unique, and save money ...this year by paying homage to the iconic tree without having to actually buy one. Head to our latest blog , you won't be disappointed! http://ow.ly/uLL950CCp1O

25.01.2022 We know that finding the right home loan can be frustrating, time consuming and confusing To help you out we have a great article on our blog that shares five common mistakes to avoid when getting a home loan, you can read the full article here https://www.moneyquest.com.au//home-loans-5-common-mistak/ here's a snippet of what to expect It’s not just about the interest rate, yes, they are important and definitely part of the consideration process but they are not ...the whole story. Check your credit file. All lenders will conduct a thorough check on your credit history before offering you a loan so it’s a good idea to address any outstanding issues you may have long forgotten about. Shop around! Don’t assume your current bank is going to offer you the best deal as a longstanding preferred customer. So, what next? Read the entire article, then take the sixth step - pick up the phone and call us Here at MoneyQuest we are all about making the process easier and finding you the right home loan!

25.01.2022 Are you self-employed? Did you know that a MoneyQuest broker can assist with loan products that have alternative methods to validate income? While the introduction of stricter lending practices over the past couple of years have had an influence on self-employed borrowers loan requirements, it’s still possible to secure a loan and purchase your dream home (within reason of course). Like to know more

25.01.2022 We are definitely feeling those weekend vibes... sunny days, icy cold drinks and of course a sizzling barbie . Yes, it’s time to gather round your family and friends and crank up that BBQ. But if you’re feeling like your outside space isn’t quite ready for launch day just yet this might help, our latest blog how to get your outside space BBQ friendly and ready for summer Check it out here http://ow.ly/B6Q550Cd8Yo

24.01.2022 Did you know that fortnightly loan repayments are better than monthly loan repayments? In fact, as interest is calculated daily, the more frequent payments you make, the more you could save in interest over the life of your loan. Repaying fortnightly (or better still weekly) can help you pay off your mortgage years earlier, potentially saving you tens of thousands of dollars in interest. ... Still not convinced Perhaps our repayment calculator might help https://www.moneyquest.com.au//fortnightly-repayment-calc/

24.01.2022 Do you love styling your home, but don’t always have the budget you need? You’re not alone. The good news is that Insta-worthy houses don’t have to cost the earth. In fact, with these clever tricks and tips you can achieve the stylish home you crave with money left over to spare! Check out our lasted blog post for a little styling inspo https://www.moneyquest.com.au//styling-on-a-budget-quick-/

23.01.2022 Melbourne’s house prices remained flat quarter on quarter, however the annual median house price grew by 1.6 per cent to $875,980. Units fell a marginal 0.1 per cent to $536,659 over the September quarter. Dr Powell said: Melbourne house and unit prices showed incredible resilience over the strict lockdowns placed to combat COVID-19 outbreaks.... Although this is the third consecutive quarter unit prices have fallen, the rate of decline has eased. She suggested that a pul...lback in buyer and seller activity had supported prices, as the market entered a sort of hibernation while others were supported with government support measures. "The easing of restrictions has already revived activity thanks to pent-up demand that built during lockdown increasing in October, she said. Full article: http://ow.ly/kWZD50C6Ay2 Source: Annie Kane, Mortgage Business 29 October 2020 & Domain House Price Report for the September quarter 2020

23.01.2022 Have you seen the headlines recently? So many conflicting opinions about whether the Reserve Bank of Australia will drop the cash rate EVEN further than 0.25% Today we received the verdict the cash rate REMAINS at 0.25%! The Reserve Bank is carefully monitoring the state of the economy. Most economic forecasters expect that the Reserve Bank will do what is financially necessary to support the economy and employment opportunities in coming months. So the prospect of an i...nterest rate cut is considered high before the end of the year An area of caution is fixed rates, some lenders have increased some fixed rates in recent weeks. So if your preference is certainly around knowing what your loan repayments are, it might be wise to talk to a MoneyQuest finance specialist to see what has changed Regarding the housing markets, experts have noted that properties in Sydney and especially Melbourne have declined. This is extremely encouraging for all Australians who are hoping to purchase their first property before Christmas, YES, it is much more possible than you imagined If you want to find out more about this finance mumbo jumbo and how you could possibly leverage it to your advantage - send us a message because we genuinely love to help!

22.01.2022 Did you know there are over two million small businesses in Australia all with their unique services. Getting finance as one of those two plus million can be as difficult as running the business all have unique finance requirements. Are you one of the two plus million Here at MoneyQuest we listen to what you have to say. We will hear your unique story and assist in finding you the finance that’s right for you and your business. Whether it be for a home loan, equipment finance, to pay off tax debt or for a new truck, there is help available - so pick up the phone and call us

20.01.2022 When you’ve lived somewhere for a while it’s easy not to notice peeling paint or a chipped wall. But your home will probably be your single ever biggest investment, and just like all of us it needs some regular TLC to stay shipshape. Head to our tips and inspo blog for tell-tale signs your house needs some TLC. https://www.moneyquest.com.au//the-tell-tale-signs-your-h/

20.01.2022 This time of the year is hectic for most, and something like refinancing your home loan is not at the top of the to-do list! We get it. But with the new year just over a week away, and we can finally say goodbye to 2020, looking at ways to save to be in a better financial position will be back on top of the list. When the time is right, refinancing your existing home loan is one way to potentially save thousands of dollars, yes thousands of dollars! ... What is refinancing It’s taking out a new loan to replace and pay off your existing loan. It aims to secure a better ongoing rate and save money. There are some great options available with interest rates at a historic low and lender cashback offers available. For more info on refinancing check out our latest blog https://www.moneyquest.com.au//when-is-the-best-time-to-r/

20.01.2022 Hell yeah Last week we shared record-breaking news about our industry mortgage brokers wrote 60.1% of settled residential home loans in the three months to September 2020. But you know what? We could not have done it without you! So, THANK YOU Thank you to all our wonderful clients. Thank you for trusting us to assist in one of the most important decisions you will ever make

20.01.2022 Identify your 'one thing'!

20.01.2022 From our family to yours...

19.01.2022 STOP PRESS THE LOWEST RATE IN HISTORY Yes, that's right, on Tuesday November 3rd the Reserve Bank of Australia (RBA) announced its cash rate decision, cutting the official rate from 0.25% to a new record low of 0.10%. What does this mean for you? Well assuming the banks pass on the rate reduction, this will see your loan repayments reduce again, which means more money in your pocket or the ability to pay off your loan sooner. Now, this is important... you need to make s...ure you have the home loan that's right for you. You need to speak to someone (like a mortgage broker) who can compare multiple lenders and all the products they have available (and sooner rather than later to make sure your current loan ticks all the boxes). So, why is the Reserve Bank reducing rates to the lowest time in history? Two reasons, first to keep the Australian dollar low which makes our exports cheaper and thus competitive. This helps with economic growth and improves employment needs. Second, by maintaining low rates, this allows a business to borrow funds at low rates to help them invest in their business and thus support further employment opportunities. With such low rates and ongoing government subsidies, this all goes well toward putting a floor on housing values and potentially will drive further increases as employment improves and the cost to borrow remains extremely low. For more info on the RBA's announcement and to discuss your home loan options talk to us, your local finance specialists, we are here to help!

19.01.2022 Boo Is the thought of refinancing your home loan a little scary? Is the thought of talking to your lender a little frightening? Let’s go through your options to see if we can lift your spirits! Happy Halloween from the MoneyQuest team

19.01.2022 Well, who would have thought Home loan interest rates starting with a 1. Yes, you read it right - a ONE!! With the recent announcement of the drop in the cash rate (from the Reserve Bank), some lenders have started to announce rate changes on some of their products. Does your home loan interest rate start with a 1 No? Then it’s time we had a chat to see if we can find you a better ONE (pardon the pun) Oh, and as with all loans T&C’s apply, but we’ll let you know what they are.

18.01.2022 NEWS UPDATE The HomeBuilder Grant has been EXTENDED!! Great news if you are thinking about building or renovating!! The HomeBuilder Grant has been extended to March 31st, albeit with some differences. Here's a summary Contracts must be signed between January 1st and March 31st, 2021 (inclusive).... The Grant amount is now $15,000. New build prices cannot exceed $950,000 in NSW, $850,000 in Victoria, and $750,000 in all other states and territories. If used for renovations, the property's value cannot exceed $1.5 million (pre-renovation). Applications must be submitted to the relevant State Revenue Office by April 14th, 2021. You must be an Australian Citizen. Income conditions: $125Kp.a. for individuals, $200Kp.a.for couples (based on a notice of assessment 2018-19 or 2019-20). You need to be an Australian Citizen. As with all grants, there are criteria to be met, and the above is just some of what you need to know. For all the other essential bits, contact us, your experienced MoneyQuest finance specialists, and we can share more.

18.01.2022 With the festive season knocking on our doors, we wanted to share a few ideas on how you can join in on the fun in a sustainable way! Check out our latest tips & inspo article https://www.moneyquest.com.au//festive-fun-the-sustainabl/

18.01.2022 Who owns a Tesla... OR wants to? We hope this quote from Elon Musk (product architect of Tesla) gives you some motivation for your day! P.S. If you need a Tesla financed, you can come to us

18.01.2022 Are you self-employed It certainly does have its perks and freedoms that employees don’t get, though when it comes to purchasing a home it can become more of a hindrance than a perk Have you heard of an alt or low doc loan... No? Well, this type of loan might be the solution you’ve been looking for To find out what we’re talking about check out the article below (click link ) or call us , your local MoneyQuest finance specialists, to have your questions answered...... https://www.moneyquest.com.au//get-the-low-down-on-low-do/

18.01.2022 Are you self-employed... have you considered applying for an Alt Doc loan It's common for self-employed to be unable to meet the standard loan documentation requirements of the big banks and other lenders'. This is because these loans primarily target PAYG workers, who can provide the documentation required. Self-employed borrowers have specific financial circumstances with specific documentation, which often necessitates an Alt Doc loan.... So, if you are self-employed and struggling with getting residential or commercial finance, give us a call to talk through your options what do you have to lose

17.01.2022 A little humour for your Monday...who else feels the same?

16.01.2022 When talking home loans for the self-employed there are so many questions to be answered How many years do you have to be self-employed to get a home loan? How do you qualify for a home loan if you are self-employed? What income can be included for a home loan ? How much can I borrow? Do lenders look at your gross or net income? All great questions, and we’re sure you have more... well, we have the answers! ... So, it’s now time to call a MoneyQuest broker (us) to talk about your self-employed home loan options, and have all your questions answered

16.01.2022 Have a great week!

16.01.2022 Keeping it real... sometimes we fail, but failure drives determination!

15.01.2022 OK, you do know it's less than three months until Christmas right? So if you want to be in a new beaut home before the jolly man makes his way downunder, you need to get this house spruced up and on the market Check out our latest blog where we share five cheap ways to increase the value of your home https://www.moneyquest.com.au//5-cheap-and-easy-ways-to-i/

15.01.2022 If things don’t change, they remain the same, right But life is also about choice, right The Reserve Bank of Australia (RBA) have met for the final time in 2020 to announce its cash rate decision for December. As widely anticipated, they held the official cash rate at 0.10 per cent this month, so no change. But does that mean you still don’t have a choice to refinance your existing loan to a better rate (and potentially save thousands of dollars)? ... Well, no. Banks still change their rates outside of the RBAs cash rate decisions, and a change to your home loan rate is your choice. So make a choice to change. What do you have to lose

15.01.2022 Why does your credit score matter? Your credit score is a number between 0 and 1,200, based on your financial habits. Anything above 700 is considered good, with over 800 being ideal, anything under 600 is considered bad. Your credit score will help lenders determine if they should lend money to you or not, what interest rate to give you, and which loans you are eligible for. Higher credit scores get lower interest rates and more features and benefits on loans. Lower cred...it scores have fewer options, higher interest rates, and are more likely to get rejected which will lower their score further. For more information on credit scoring speak to us, your local MoneyQuest finance specialists!

14.01.2022 Who else is vibing this? A message to those who have persevered through the challenges of 2020... Stay strong!

13.01.2022 PROFESSIONAL (noun): a person engaged or qualified in a profession. Professionals such as lawyers, accountants, medical practitioners, chiropractors, optometrists, veterinarians, dental practitioners, physiotherapists. Is this you Or, are you in another professional role Well, did you know there are loan products designed with you in mind... No? Well, there is! What’s even better, there are specials, such as one lender currently waiving Lenders Mortgage Insurance premium...s for eligible professionals who have a loan to value ratio of up to 95%. Meaning you could possibly save thousands of dollars on LMI premium costs! Now, how much you could save depends on your circumstances, such as your profession, loan amount, and where your property is located, but we will take you through the finer detail. So, whether buying your first home, your next property or refinancing an existing loan, it’s definitely worth us having a chat, right?

13.01.2022 Did you know here at MoneyQuest we specialise in helping self-employed clients who want... - to purchase property (residential or commercial) - cash out for business purposes including working capital - funding and haven’t held an ABN for two years... - asset nance - to pay off tax debt to the ATO So, if you're self-employed and need finance contact us, your self-employed finance specialists!

13.01.2022 Are you one of the converted, a fan of finance specialists and all we do No, well OK, let’s see if this changes your mind. What are the benefits of using a finance specialist you ask? Industry specialists: There are A LOT of lenders, with A LOT of products, and it’s our job to understand what’s available, and be aware of any changes that may impact you. There is also a smorgasbord of grants available, and like loans they too tend not to stay the same. It’s our job to k...now it! Understanding your goals: We make sure we are fully aware of your situation and any specific personal needs. For example, you may be keen to secure an early repayment, fix your interest rate, or have access to your funds at any point we want to find the product that suits your needs! Detail matters: It’s not just about a rate, we will discuss all the nitty gritty. We will show the true cost of a loan, yes, all the fees and charges (aka the comparison rate). We don’t want you to have any nasty surprises along the way! Transparency: We will be completely open with you in terms of your borrowing capacity and if you meet the lenders criteria to obtain a loan. Yes, sometimes we have to say no (for now), but we will work with you to overcome the challenges we identify. We are in for the long haul! To sum it up, we are here to work with you to find a loan, whether it be home, car or business, and to make sure it’s the loan best suited for you, when the time is right. Can we call you a fan now? Of course we can! Now it’s time to take action and call us to discuss your finance needs, what do you have to lose!

13.01.2022 Did you know the HomeBuilder Grant provides eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an existing home? Here are the answers to some frequently asked questions https://www.moneyquest.com.au/n/homebuilder-grant-of-25000/ BUT to find out if you tick all the boxes let’s chat.

13.01.2022 Happy Monday After a busy and (usually) costly holiday season, we thought this quote appropriate to help get your savings plan back on track!

13.01.2022 If you’ve been house hunting recently our guess is that you are a little confused about which grants you might be eligible for ... are we right Well, don't just sit there wondering, we have the answers Whether buying for the first time or looking for your next home, you may be eligible for a grant or two To have your questions answered contact us, your local MoneyQuest finance specialists

12.01.2022 Do you have multiple loans... credit cards, a car loan, a personal loan? Juggling all the individual repayments? Have you considered debt consolidation? Instead of paying off several debts at varying interest rates, we can consolidate your debts into one larger one. This way you end up making one monthly repayment, and usually at a lower interest rate. Like to know more? Gives us a call!

12.01.2022 Moving house can be a real headache, and a tad stressful. There is so much to do, so many things to pack and so many places to notify. Here’s some tips to help reduce the stress... https://www.moneyquest.com.au//the-best-way-to-manage-a-m/

11.01.2022 As the old saying goes, no matter how many times life knocks you down... always remember you can get back up again!

11.01.2022 It's been a tough year - hang in there, change is coming!

10.01.2022 Today is October 6th So what you say Well, today is the day the Federal Government extends the First Home Loan Deposit Scheme (FHLDS) to allow for a further 10,000 new places woo hoo What is the FHLDS you ask? It's a grant that allows you to purchase your first home with a deposit of 5%, eliminating the need for costly Lender's Mortgage Insurance (LMI). Usually first home buyers with less than a 20% deposit need to pay LMI. Under the Scheme, eligible first h...ome buyers can purchase a new home with a deposit as little as 5%. The grant is issued on a first-come-first-served basis, and this time you need to purchase a new build As with all grants there are some conditions, but don’t stress we know what they are! Contact us, your local MoneyQuest mortgage brokers, and let’s chat. (Ps don’t leave it long as these spots get snapped up quickly)

10.01.2022 Are you wanting to buy a home, either to make memories of your own or perhaps for others (aka to live in or rent out ). Have you considered getting a pre-approval so you know what you can afford Sounds like a plan, right! Getting a pre-approval is an easy process that allows you to better understand your lending position. An obligation-free way to estimate what you are able to borrow from a lender before you make an offer on a property. ... So, before you head off to view that perfect home... stop call us and let’s talk numbers

10.01.2022 An oldie... but a goodie! #youcandoit

10.01.2022 Sometimes when we experience the first signs of failure, most of us think that it's a sure sign to give up...DON'T! As they say, you gotta be in it to win it!

09.01.2022 Life is all about choice...

08.01.2022 WOW rumour has it there are currently a record 29 lenders* offering cashback deals for those looking at refinancing their mortgage, with the big four banks also in on the action. Most of the deals currently on offer are between $1,000 and $4,000 Why you ask The rise in refinancing is forcing banks to be more competitive than ever, they need to be winning new business, not losing it. But, don’t just assume you’ll be better off with a cashback special, you need to make s...ure you will be better off in the long run, not just a short term win. As mortgage brokers we will share the offers currently available, it's our duty to work with you to find the product that's right for you, and in some instances a cashback deal may not be the right one... to find out more let's talk! (* source: Australian Broker)

08.01.2022 Are you interested in knowing how much you might be able to save with a lower home loan interest rate? Well, this calculator will help. Here’s what to do: 1. Click this link http://ow.ly/RRpl50Ch2Oi 2. Enter your loan amount & term in the common loan fields. 3. Enter your existing loan info into the Loan 1 fields.... 4. Enter the lower rate info into the Loan 2 fields. 5. View the results just below the loan tables. 6. Call a MoneyQuest broker (us). Important Note: The results shown are a guide, your specific home loan needs are to be taken into consideration, and that’s where we come in. There are hundreds of options available, and yes rates starting with a 1. So, now go through the steps above and we will speak soon

07.01.2022 Being self-employed has its benefits , but it also has its challenges especially when it comes to finance As specialists in the self-employed finance space we know that your financial statements may not be up-to-date; perhaps not reflect your business's current performance; or may be a little complex... yep, we get it !! Our self-employed products offer a range of alternatives to the usual financial statements required by most lenders, including income verification by a...n applicant declaration They are designed for you, the self-employed business owner so call for a chat, what do you have to lose... you could be calling a house a home sooner than you think

07.01.2022 Yay it's the weekend... though for some of us every day seems like a Sunday thanks to lockdown. Regardless of where you live there is a buzz of spring in the air , so we wanted to share our top five spring home maintenance tips to get you outside to enjoy some rays! Check out our last blog post https://www.moneyquest.com.au//five-seasonal-home-mainten/

06.01.2022 You read that right The mortgage broker channel has recorded its highest ever market share result with brokers settling 60.1 per cent of all residential home loans during the July September 2020 quarter, according to new data. The figures come in the latest data released by research group comparator, a CoreLogic business, which was commissioned by the Mortgage and Finance Association of Australia (MFAA). MFAA CEO Mike Felton said the result demonstrates the critical ro...le that brokers play in supporting their customers and the economy, and the impact they have made at a time when they were needed most. We couldn’t agree more! Source: Thanks to Annie Kane The Adviser, 26th November 2020 Read full article here http://ow.ly/9oAd50CvSHx

06.01.2022 What is an alt-doc loan Alt-doc loans cater for people who are self-employed and can’t provide the traditional up to date proof of income information lenders usually require. Simply - it’s as the name suggests, providing ALTernative DOCumentation for evidence of your income. If you’d like to know more about alt-doc loans we are here to help... we specialise in residential and commercial self-employed finance

06.01.2022 Thinking of doing some home improvements to maximise your investment? Not all renovations give back the value you think they might, or should and some even cost far more than they will ever return If you’re keen to improve your home without losing value you'll love our latest blog link below http://ow.ly/HL4150C1jj6

06.01.2022 Who else can relate?! We thought to mix it up and have a little humour to start off the week - tag a friend who may need a smile this Monday morning!

06.01.2022 Recently we shared that the Federal Government had committed to make available an additional 10,000 places under the First Home Loan Deposit Scheme (FHLDS). This week we wanted to update you on the criteria for these places... The additional 10,000 places form part of what is now being called the FHLDS New Home Guarantee (NHG) for new homes and newly built homes. The allocations are available to first home buyers that are Australian citizens and at least 18 years old.... Like the original FHLDS, the New Home Guarantee is means tested. Applicants must have a deposit of between 5 and 20% of the property’s value. It is only available to those wishing to build a new dwelling or purchase a newly built dwelling, your MoneyQuest broker can share with you the definitions of eligible properties. Investment properties are not eligible. If you are single you must have a taxable income of up to $125,000pa for the previous financial year; or a combined taxable income of up to $200,000pa if applying as a couple. There is a revised set of property price caps that also apply for eligible properties under the NHG, that differ from state to state, which your MoneyQuest broker can share with you. AND FINALLY... rumour has it one of the big four has announced it will open a new waitlist for the FHLDS New Home Guarantee, and will start accepting conditional approval applications from Wednesday of this week. For more info on this scheme and to see if you tick all the boxes contact us, your local finance specialists.

05.01.2022 OK, we are sure you have read that refinancing an existing home loan can help in so many ways. If you are thinking of refinancing, here are five things you need to consider: ONE: Interest rates, be mindful that these can fluctuate and are subject to change. TWO: Fees, refinancing comes at a price. Take a deep dive and fully understand the real cost of the change.... THREE: Lifestyle changes, whether you might face challenging circumstances such as loss of income or a job change. FOUR: Long-term plans, consider how long you plan to be in your property so that you can reap the financial benefits of the change. FIVE: Talk to a mortgage broker, have all your questions answered. Interest rates, cash-backs, grants, schemes, fees, stamp duty, the list goes on; they have the answers.

04.01.2022 2020 was a challenging year leaving an indelible mark on each of our lives. Impacting us in ways we couldn't even think of, having to adopt ways and means of living and working that were not a piece of cake to adapt to. But today, on the first day of the new year, we can only reflect on the things that 2020 taught us cherish each moment of life, not take it for granted, spend time with loved ones, expect the unexpected, overcome, and keep going despite being faced with extraordinary odds. Now' it's time to look forward to a brighter 2021.

04.01.2022 IMPORTANT ANNOUNCEMENT Attention Victorian Home Buyers - did you hear the great news?? Stamp Duty discounts until June 30, 2021 That’s right! At the state budget announcement earlier this week, the Victorian Government shared they would waive 50% of stamp duty costs on newly built or off-the-plan homes valued at up to $1 million Existing homes will be eligible for a 25% waiver. Another great reason to talk to your local MoneyQuest mortgage broker (us) to discuss turning your dream of home ownership into a reality

04.01.2022 Have you heard of an ALI Loan Protection Plan? It’s an insurance policy that covers serious illness, injury and death. But, unlike many other plans, it pays you (or your family), not the lender. Did you know that over the past 12 months almost 1 in 2 first time home buyers presented with a Loan Protection Plan took out the policy. Yep! Why you ask? Well, a few reasons... all their savings had gone into the deposit so no buffer left if something were to go wrong;... fear of becoming seriously ill; have a young family and we’re worried about their future should anything tragic happen; their broker made them aware there wasn’t a plan B. All valid reasons! To find out more about an ALI Loan Protection Policy speak to us. You’ve worked hard to buy your home so let us help you protect it (Source: ALI September 2020, T&Cs apply)

03.01.2022 Thank god it's Friday right? Before you switch off for the weekend - if you are considering purchasing a car soon, watch our video! It could help you in the future...

03.01.2022 Are you still ticking off your spring cleaning jobs, perhaps prepping for the silly season guest rush? Struggling to store your worldly treasures, the ones you know you need to throw away, but just can't bring yourself to do? Well, perhaps this article will help you out... 5 ways to find the space you never knew you had. See the link below. They also say that keeping a clean and tidy home can improve our mental health too, it can't hurt that's for sure! https://www.moneyquest.com.au//stuck-for-storage-5-ways-t/

03.01.2022 It can be discouraging to look at place after place and just feel, well, nothing. But, don’t get discouraged. When you find it, you’ll know and all of the house hunting would have been totally worth it!

02.01.2022 To all our self-employed business owners - resilience is key, keep on going!

02.01.2022 What is an 'alt doc' loan? Alternative documentation, or alt doc, loans are for self-employed borrowers with income evidence not in the form mainstream lenders generally prefer. When assessing an 'alt doc' application, some of the things considered are: has your business been ABN registered for at least 6 months... has your business been GST registered for at least 6 months Business Activity Statements (BAS) bank account statements an Accountants letter For more information on what can be provided as 'alternative documentation' contact us... your self-employed finance specialists!

02.01.2022 The auction market has recorded its highest combined capital city preliminary clearance rate since March, despite record-low auction volumes in Melbourne, according to data. CoreLogic auctions data for the week ending 20 September has revealed that the combined capital city preliminary auction clearance rate came in at 72.4 per cent last week. There were 918 homes taken to auction over last week, which, while still significantly lower than the 1,983 homes taken to auctio...n this time last year, was higher than the 816 homes that went under the hammer over the previous week. The previous week recorded a preliminary clearance rate of 67.3%, which later revised down to 63.0% at final figures. This time last year, the final clearance rate was 70.7% across the combined capitals. Auction activity across Melbourne remains extremely low amid the lockdown to curtail the second wave of the coronavirus, with only 11 homes taken to auction. Of the results collected so far, all seven were successful, with five reported as selling prior to auction and two selling on the day. In the previous week, there were 600 auctions in Sydney, with a final auction clearance rate of 65.9%. This time last year, there were 646 homes taken to auction with a final success rate of 72.7%. (Source: Malavika Santhebennur, mortgagebusiness.com.au, 22 September 2020, thanks Malavika For the full article go to https://bit.ly/2ZVedEo )

02.01.2022 CBA, NAB, ANZ, ING, ME... what do these all have in common? Can you guess? No not some weird alphabet, these are all well known modern day banks. Have you ever wondered where ‘the bank’ was invented? Have a read of some fun facts below: The earliest recording of a bank has been said to have started in ancient Mesopotamia (Mesopotamia was the ancient name for what is now Iraq, the land between the Tigris and Euphrates Rivers). Although, a lot of this was not in the form of f...inancial lending, instead banks would lend out seeds and the like. Historically temples were considered the earliest forms of banks as they were occupied by priests and became a haven for the wealthy. Perhaps the biggest changes to the world of banking came in the 17th to 19th centuries, particularly in London. The first proper modern day bank could be said to be the Goldsmiths of London. People would deposit their precious materials into these vaults, and they would be able to collect them. Over time, Goldsmiths started to provide loans. Also, did you know the word bank derived from the Italian word banco, meaning a bench, since Italian merchants in the Renaissance made deals to borrow and lend money beside a bench. Now that’s interesting!

02.01.2022 To RELOCATE or to RENOVATE, that is the question If you’re thinking of making a change to your living arrangements and confused about what to do, make sure you read this https://www.moneyquest.com.au//relocate-or-renovate-5-way/

02.01.2022 When is the best time to refinance?? Something we get asked often, and with home loan interest rates at a historic low, it must be a good time. Right? Not necessarily so. Refinancing is about a whole lot more than just the interest rate There is no ‘one size fits all’ answer It’s dependent on your personal situation and what’s going on in the world around. Consider what you want to achieve it might be consolidation, improved flexibility, or simply a restructure to suit your lifestyle. Ultimately the best deal for you will balance out your personal needs with what the market can offer. To discuss your options, contact us, your experienced MoneyQuest finance specialists. With access to all the latest market information, we can save you valuable time and possibly a whole lot of money

01.01.2022 Here is some GOOD news stated by the Reserve Bank of Australia (RBA).... economists predict a stronger economic recovery is possible if faster progress in controlling the virus is achieved in the near term. A series of positive health outcomes would help limit the damage to consumer and business confidence and support a more rapid economic recovery. What does this finance mumbo jumbo actually mean HOPE IS ON THE HORIZON! The RBA has decided to continue holding the low ra...te of 0.25%, the minimum cash rate (or interest rate) that banks could apply to their financial products (home loans, credit cards etc.)! So, how does this benefit you Let us tell you... Many banks are sharpening their home loan offering, keen to attract clients. This could potentially save you money by getting a lower rate as the lenders fight for your business. So, make the time and contact a Money Quest broker and let our experienced team help navigate your way through the many options now available!