South West Lending Solutions in Hoxton Park, New South Wales, Australia | Loan service

South West Lending Solutions

Locality: Hoxton Park, New South Wales, Australia

Phone: +61 1800 824 325

Address: P.O. Box 400 2171 Hoxton Park, NSW, Australia

Website: http://www.southwestlendingsolutions.com.au

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24.01.2022 MARKET ESSENTIALS | MAY 2019 THIS MONTH IN REVIEW In news this month, discussion continues to circulate about the upcoming election and the effect that policy changes could have on the property market. According to Nerida Conisbee, chief economist of REA Group, modeling by independent consultants and both sides of government predict negative gearing restrictions will cause continued falling prices while rents will rise. ... It hasn’t been a good month for Sydney and Melbourne housing values, with CoreLogic data revealing median housing prices have dropped around $50K in each of the two capitals. However, Melbourne’s market overall does continue to hold up better than Sydney’s. According to CoreLogic, the rate of national price declines are slowing. Dwelling values were down 0.6 per cent in March, which is actually the smallest month-on-month decline since October last year (at 0.5 per cent). All in all though, most property owners should remain in a strong equity position, with the national index 15.9 per cent higher than five years ago, according to Tim Lawless of CoreLogic. Of course, the increase in housing affordability can only mean good news for first home buyers, and their activity is increasing accordingly. Download your full report here ==> https://www.dropbox.com//Market%20Essentials%20Report_Sout

23.01.2022 No pre-election #RBA rate cut I'm afraid!

19.01.2022 Win a FREE trip to Croatia valued at over $9,000.00. You gotta be in it to win it!

19.01.2022 Attention Owner Occupiers and Investors! Refinance your home loan to a low rate and save $$$ Owner Occupied:- 3.55% Variable (3.60% Comparison Rate)... Investment:- 3.89% Variable (3.94% Comparison Rate) For loans $500k + with a Loan To valuation Ratio of 80% or less Principle & Interest Repayments. Application fee of $649.00. No monthly or annual fees (Application fee can be financed into the loan if required) Call us on 0414 727 308 or message us below!

17.01.2022 Check out our Autumn newsletter. In this issue:- - Is it just another cycle? - Technology and kids - state of insufficiency... - APPlying good money habits Also your chance to win a trip to Croatia! view your copy below... http://www.youremag.com.au/flipbook/viewer.aspx?id=03578

17.01.2022 Our Property Seminar is fast approaching. We still have a couple of FREE tickets left. First in best dressed!

13.01.2022 Haven't posted here for a while. I have been working behind the scenes forming a new business with 3 other colleagues to provide a better service to our clients. It would be greatly appreciated if you could visit our new page; Strategic 360 Finance and "like" it. Would also appreciate it if you could leave a review on the page as well.

13.01.2022 Our parent company is running a competition for a trip to Croatia!

09.01.2022 How redraw works and why it’s a handy loan feature It’s one of the less glamorous home loan features, but the redraw facility deserves a second look. Here’s why: The redraw facility explained... A redraw facility lets you make additional repayments to reduce your variable rate home loan balance and save on interest. If you pay more than your minimum scheduled repayments, then you’ll have money available to redraw from your home loan. The redraw facility is a common feature of many home loans. It’s not available, though, on construction loans and only some lenders allow it for fixed rate loans. You can redraw funds if, and when, they are needed, or you can keep the funds in your home loan to pay off your principal faster. The amount available for redraw is the difference between what you have paid and how much you were required to pay, less one month’s scheduled repayment. Accessing redraw You can check your loan account online to view your available redraw amount at any time. Alternatively, you can call your home loan customer care team and ask them to check for you. You can withdraw your funds from certain ATMs depending on your lending provider, but this may attract certain fees and come with restrictions on minimum amounts. What happens after using redraw? After you redraw money from your home loan, you continue to make your regular repayments as normal. However, be aware the interest component of the repayments you make will increase since you’re now paying interest on a higher loan principal amount. What are the benefits? Like an offset account, a redraw facility can help reduce the total interest paid on your loan and shorten the life of the loan. And, of course, when you need some cash it’s easily accessible. Depending on your lender, additional payments can be made at no extra cost and redraw funds can be accessed at any time. When comparing loans and choosing the option that best suits your financial needs, remember to consider the redraw facility.

06.01.2022 Market Essentials | March 2019 This Month In Review In news this month, one point of focus was the release of the Royal Commission’s final report. On a positive note, it seems no further tightening of lending policies will be needed, according to AMP Capital chief economist Shane Oliver. Instead, attention will be on maintaining the new standards already implemented by lenders in the lead-up to this report.... Executive chairman of Loan Market Group Sam White believes a more consistent loan approval process should help build confidence in seeking finance approval. It’s too early to see this though, with CoreLogic reporting that weakening demand for mortgages continues. Cameron Kusher of CoreLogic says if housing price relief is needed in light of the declining housing market, we could be seeing the RBA cut rates and the APRA actually relax lending conditions somewhat. Westpac’s Chief Economist Bill Evans has now priced in a further 2 rate cuts before the year is out. CoreLogic’s Cameron Kusher commented on the minutes of the RBA Monetary Policy Meeting for February 2019, suggesting that concerns over falling housing values are having a knock-on effect to household consumption and therefore, we may also see this impacting our nation’s economic growth. Download the full report here:- https://app.box.com/s/nlrgt9wcsqb4eht8x4z1x8wz55cqfxf2

02.01.2022 The Royal Commissions proposed changes to the Mortgage Broking industry effect more than just Mortgage Brokers. #DontBurnBorrowers