Happy New Year! Whether you believe in resolutions or not, it’s a great time to re-set your goals and the start mapping out how you might achieve them.
We won’t pretend for a minute that we can help you with all of them, but if your goals include the sale or purchase of property, then we should definitely talk!
If you’re unsure of where to start with your 2020 Property Goals, we can help with that, too. Depending on what you want to achieve, our tips are below.
- Buying your first home
If you’ve decided 2020 is the Year of Your First Home, then time is of the essence: home values are on the way up, and home loan rates are low. Where we can help you take your first step on the property ladder includes:
- Determining how much you can borrow
- Structuring a budget for your purchase, and how you can save for a deposit
- Coming up with different ideas about how you can secure a deposit – for example, a guarantor’s home loan
- Working out ways to clear off any existing debt, and improving your credit rating – which will help improve your appeal to banks and lenders
- Covering off ways that grants, concessions, or other initiatives can help you get into a new home sooner
- Providing referrals for reliable professionals – such as conveyancers, solicitors and valuers – and, of course, accountants!
- Organising pre-approval on your home loan, so you know, from the very beginning, how much you can spend
- Managing loan application paperwork
The easiest way to kick this off is by getting in touch – while it might be the first time you’ve done, it, we’ve been through the process plenty of times.
- Moving into your next home
Upsizing. Downsizing. A sea-change. A tree-change. New job. New lifestyle. The reasons and motivations for a new home are many and varied. If that’s what’s on your agenda for 2020, we can help you through the process to avoid it getting too overwhelming. To make sure you have everything covered, we can discuss with you:
- The costs involved in purchasing a new property
- How the local property market is shaping up, so you can make a well-informed decision
- Using the equity in your current home as a deposit.
- Bridging loans
We appreciate you know how to purchase a home (you’ve obviously done it before), but there’s a good chance the landscape has changed, even slightly, since you last went through the process – get in touch to make sure you have all the information at-hand.
- Investment
Perhaps you are more than happy with the home you have. But you’re looking to either start or expand your investment portfolio. We can save you time putting in the research by helping with:
- Detailed and up to date property and market reports, to help you find the right property, in the right location
- A comparison of the loan market, to make sure we can find the right home loan for your situation
- Helping with referrals to reputable professionals you are likely to need before and after purchase – such as property valuers, building inspectors and property managers
- Working with specialist Accountants and Financial Planners to ensure you have a comprehensive investment strategy
- Securing loan pre-approval and ensuring your loan application goes smoothly
- Accessing equity in your home or from another investment property to use as a deposit
Get in touch with us to lend a hand through the process, to ensure it runs smoothly.
- Better management of expenses and cash flow
You can maximise your borrowing capacity by managing your expenses and getting on top of your cash flow. As your mortgage broker, we can help you in this area by:
- Helping you understand your current financial health
- Providing you with options for debt consolidation
- Referring you to reliable professionals who can help you organise your money
- Renovating your current home
We’re not just about home loans for new properties. Perhaps this is the year to renovate or extend the home you have. We can help with this, too, by:
- Analysing your plans to help determine how much money you will need, and what you can borrow
- Explaining your finance options for renovations, so that you can choose the right kind of loan
- Providing you with valuable insights into what to expect from a renovation project (particularly if it’s your first one.) This can help you getting financially overwhelmed
Our expert mortgage broking team actually has first-hand experience in renovating and extending – so you can rest-assured their advice and perspective is well-informed, and tried-and-true.
Ready to plan your 2020 property goals?
You know the saying – a goal without a plan is just a wish! Make the dream a reality by getting in touch.
