Why has my Investment Loan interest rate increased?

I’ve had many discussions with clients over the past few months about the increases to investment loan or interest only loan rates, in many cases where the increases have been substantial. In short this has occurred because APRA, the banking regulator has placed limits on the amount of investor lender and interest only lending that the Banks … Read more

Tax Time Tips for Property Investors

If you are one of the 2 million people in Australia* that have investment property, whether negatively or positively geared, tax time means getting your things in order to maximise your deductions, including your loan interest expenses. Here’s 5 Top Tips this tax time: 1) Understand all of the deductions categories. Expenses include; mortgage interest, bank charges, … Read more

5 simple financial New Year’s resolutions

The new year is here and after an indulgent holiday break most of us are happily fixated on health goals. Kale sales will no doubt sky rocket in the next couple of weeks, along with gym memberships, as we all vow to lose five kilos. But what about ‘financial health’ resolutions for 2017? With a little focus and thought … Read more

What is a good interest rate? How do you know if you have one?

Your mortgage is likely to be your single biggest monthly expense and yet you might (like many people) struggle to know what interest rate you are paying, let alone whether or not you are getting a ‘good deal’. The difference in interest rates can be significant. The best rate in the market at the moment (after the recent rate cut) is … Read more

Why would you use a Mortgage Broker?

Research has revealed that 53% of Australian’s now use a mortgage broker for their lending needs, up from 35% ten years ago. So why are Australian’s increasingly using the services of a broker?   1) A choice of lenders With an extensive panel of lenders (including the major banks), mortgage brokers are able to compare hundreds of loans to find a loan that gives … Read more

Why is your investment loan rate going up?

Changes to Investor Lending Over the past several weeks we have seen the banks make changes to their lending policies, in particular around investment and interest only loans. Following some more discreet changes by some of the second tier lenders, over the past fortnight we have seen a number of significant announcements from the major … Read more

Case Study: Investing in property

Craig works as a Brand Manager at Lion Dairy and Drinks and I recently worked with him to gain pre approval for the purchase of his second investment property. I asked him if he could share his experiences with investing in property.   Tell us a bit about your first investment property? I purchased my first investment … Read more

Tax Time Tips for Investment Property Owners

It’s tax time and those of you with Investment Property, whether negatively or positively geared, will no doubt be looking to maximise your deductions. Here are 5 Tips on Taxation and Investment Property Have a good accountant. It goes without saying a good accountant that is across all aspects of investment property will keep you on … Read more

Is Negative Gearing for me?

Negative Gearing can be described as an approach to investment whereby losses recognised against one investment can be offset against other income, with the effect of reducing one’s overall tax. In Australia, it generally refers to residential property investors who can offset losses on an investment property (or properties) against their regular PAYG income. Negative … Read more