Turning your home into an income earner for the family has become increasingly popular as interest rates remain relatively low. Here are five strategies to make the most of the equity you’ve built in your home. Deposit for an Investment Property...
Can your profession save you on your home loan? When it comes to saving on your mortgage, some of you may not have to look further than your job. If yours is a profession that classifies you as a ‘low risk’ borrower in the eyes of lenders, then you may be...
What to consider before renovating. The decision to renovate is a common sticking point for homeowners, who can spend hours weighing up the cost benefits. Whether your motivation is to add value to your property or to add a touch of your personality to the home,...
Explainer: how redraw and offset accounts can save you money Offset accounts and redraw facilities work in similar ways; they both allow you to reduce the balance of your home loan, and therefore the interest charged, by applying extra money to your debt. Redraw...
How to pay off your home loan faster and save big bucks Reducing the life of your loan isn’t difficult; there are many simple things you can do to cut years off your mortgage. Here are some tips that will help you be mortgage-free sooner than planned. One of the most...
While you may not need a six-figure salary to invest in property, those who earn a relatively low income will require a little more creative thinking to start a portfolio. Here are some tips to help you get started. FIND AN INVESTOR-FRIENDLY LOAN The challenge for...
