Tales of a borrower

My name is Justine Bennett and I just have to tell you about my experience with Love Home Loans. I’ve been working with Michael for the past five years – helping him with his marketing and all kinds of things. I’m writing this newsletter without him knowing, so ssshhh – don’t tell him! I’ve always known he was pretty passionate about getting loans for people. It sounds like he does a great job because he loves what he does. And I thought he was good Read More +

Newsletter, March 2017 – Update

As you probably heard yesterday, the official cash rate remains unchanged, but as we’ve seen over the last 3-5 years, lenders interest rates have not always moved in line with the RBA cash rate due to cost of funds. It does suggest that there is a bit more stability in the economy, although we would like to see more than just the property market grow. Over the past 18 months there has been significant change to lending criteria, enforced by governing body APRA. This is Read More +

Newsletter, February 2017 – Is it time to re-finance?

What a busy start to the year! The auction season kicked off last weekend with record numbers of homes going under the hammer, with good supply and demand. As Aussies, we love nothing more than putting our earnings into bricks and mortar – either to live in ourselves or as an investment. We understand that people will always need homes and with continuing population growth and development of infrastructure, it’s a pretty sound investment. The key to buying is to get everything sorted BEFORE you find Read More +

Newsletter, January 2017 – New year, new goals!

Happy New Year! We hope you’ve had a great start to the year and have had some time to reflect on all that you achieved during 2016, and also think about what you want in 2017. There’s a lot of talk of the doom and gloom of 2016, and it was a year that we did lose an insane amount of incredibly talented people. In the property market, it was a pretty crazy year. Property values were booming, there were some significant changes to the way Read More +

Newsletter, December 2016 – It’s that time again…

It’s that time of year again – the time that you either love or hate. I love it! My tree is decorated – actually my whole house is decorated any I have a new life goal. I want to be listed here! Christmas and summer holidays are such a great opportunity to catch up with family and friends and I thought it would be a good time to remind you how much I love referrals! If you’re talking to anyone who needs a home loan, Read More +

So you want to buy a house…

The property market, particularly in Sydney, has gone a bit nuts. It’s been that way for a while now. And, for many first home buyers, this must be getting pretty disheartening because you’re probably wondering how on earth you’ll ever get your foot in the door. But don’t despair, you might just need to expand your thinking of what you want and how you’re going to get it… Here’s our top tips on how to make it happen! Put together a really good budget and stick Read More +

News – November 2016 – Auction clearance high, interest rates held, consumer confidence rising

There’s been lots reported on recently that is of interest to home buyers, so I thought I’d sum it up for you as best I can… Auction clearance rates are consistently up over 80%, which is the highest they’ve been all year, and significantly higher than the same time last year when they were just over 60%. This is great news as it means that people properties are selling, which will encourage more activity in the market. The government wants to stimulate the market for first Read More +

Buying season – be auction ready!

The spring real estate season has arrived! This is the time that most property owners decide to sell and buyers are motivated to buy. The weather has warmed up, people are thinking of new beginnings and wanting to get settled before summer. And Australians (particularly east coasters) love an auction. It’s a great way for market forces to determine the value of your home. As a buyer, sometimes you can pick up a bargain, as a seller, you can sometimes sell for far more than Read More +

Newsletter – October 2016 – Sydney property prices aren’t so bad… in comparison

I’ve just returned from my holiday which included a few days in London where I thought I’d do a little bit of research on the property market. I was shocked! We’re always complaining about property prices in Sydney, with many people believing that they’re priced out of the market – but we’re nothing compared to London! Take a look at some of these places in Central London… That’s £25,000,000 for a 4 bedroom terrace – that’s AU$42 million! And that’s not even one of the ridiculous Read More +

Leveraging

Leveraging is a commonly used term in the investment game that simply means borrowing money to finance an investment. Although people can be reluctant to borrow money as they see it as a risk, leveraging allows you to purchase more property than you could otherwise afford. Here’s an example of how it works. If an investor had $50,000 in cash to invest, they could safely put that in a term deposit earning 3% interest per year. This would mean that in one year the investor Read More +