Best Interests Duty (BID) and Why It Matters for Your Mortgage Application
It may sound like a load of financial jargon, but Best Interests Duty is something you should know about before you start your home loan application journey.
What happens to your loan when the RBA makes a rate cut?
When the Reserve Bank of Australia announces that they are reducing the Cash Rate, it sets off a chain reaction of transactions, generally led by the RBA itself.
Foreign Resident Capital Gains Withholding Rules
From 1 January 2025 the ATO’s Foreign Resident Capital Gains Withholding (FRCGW) rules changed for both buyers and sellers. Here’s what you need to know.
Beware of Clickbait Home Loan Offers
If you’re an owner-occupier planning to move up the property ladder, you’ve likely seen eye-catching ads promising “the lowest rates” or “huge savings” on home loans. While these offers may sound enticing, they often come with hidden catches that could leave you worse off financially.
The Steps to Home Loan Pre-approval
Saving heaps of time by knowing in advance exactly what you can afford is one of the most common bits of sage advice HoLo clients would pass on to house hunters who are starting (or even already into) their journey.
Stamp Duty Explained
But what exactly is Stamp Duty and why do you have to pay it? What discounts or waivers are there where you want to buy, and are you eligible for any of them?
How the Home Loan application process works
So you’re planning a property purchase - maybe even your first (yay!) - but you’re unsure how the loan application works? Then relax! Here’s your step-by-step guide to getting a home loan that suits your specific situation and goals.
The convenience of conveyancers
When buying or selling property, it’s important to enlist the help of a conveyancer or property lawyer early. Here we explain what they do and why you need one right from the beginning.
How good is your credit file looking?
If you haven’t really thought about your credit file for a while but you’re hoping to buy property or change banks soon, then tune in.
6 things to get ready if you want to buy your first home
When you’re renting, it is easy to calculate how much money you are giving your landlord. And isn’t it frustrating - but are you ready to buy your own home?
How does an offset account actually work?
No, Lara hasn’t just turned to finance! But it is one of the questions that we’re most commonly asked. So here's the lowdown for you....
Have less than a 20% deposit?
Typically you need to contribute about 20% of the price of a property when you’re buying a property. But if you don’t have that magic number, don’t despair, there are still a few options available.