Why First Home Buyers Should Get Pre-approved Early in Their Buying Journey
HoLo breaks down why securing pre-approval should be one of your top priorities and how it can make your home-buying journey smoother and less stressful.
9 home-buying costs you need to know about.
What does it really cost to buy a home? The true cost of buying a home often goes well beyond the purchase price, so it’s vital to know how much you will actually be up for when the SOLD sticker goes on. Take a look at these nine home-buying costs you may not have thought of.
Mastering the settlement process: what every prospective homeowner should know
If you are new to buying property, or if maybe it’s been a while, you may have a few questions about what happens on settlement day. HoLo has the low-down on what happens and how you can prepare.
Just what is going to happen with inflation and interest rates?
HoLo co-founder, finance expert and lead broker, Justin Dickinson, shares his views on what mortgage holders could expect and - more importantly - do in uncertain times.
5 things we consider when shopping for a better rate for you
We love to haggle. It’s in our DNA. So with interest rates on the move, our team sat down to discuss a few things we consider when searching for a better rate for our clients. It’s always a good idea to be aware of these pitfalls when doing your research.
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.
WTF is…. LVR & DTI?
Getting your head around their ‘bank speak’ can be a little tricky. In fact, it can sound like a whooooole other language. Let us do little ‘banksplaining’ for you.
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.
Why the lowest rate might not be right for you!
We all love a deal, in fact, we all love a great deal, don’t we? But in finance, sometimes the best deal, might not actually be right for you.
How does a bloody offset account 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....
Equity. What is it and how to calculate it?
Equity is cool. The more equity to have the richer you are! It’s not some mythical thing, but it can grow magically without you knowing. It can also magically reduce without you knowing as well!
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.