First Home Buyer FAQs: Your Guide to Understanding Deposits If you’re a first home buyer ready to embark on your journey to home ownership, one important consideration is the size of your deposit. Not only does your deposit determine how much you could borrow, but it can also impact the interest rate and other fees…
Helping Your Kids Buy a Home With rising property costs in Australia, many parents are helping their adult children buy homes. The ‘Bank of Mum and Dad’ is now one of Australia’s largest mortgage lenders. Here are a few ways parents can assist. Guarantor Loans A common way parents help their kids buy a first…
Is Selling Off-Market Right For You? Navigating the property market can be a daunting experience, especially for first-time homebuyers. Between the endless open houses, bidding wars and sleepless nights, the dream of owning your home can quickly turn into a stressful nightmare. But what if there’s a lesser-known route that has the potential to save…
Helping Homeowners Navigate Rising Insurance Premiums The Australian Insurance Industry has warned that insurance premiums will continue to rise as the frequency and severity of extreme weather events intensifies due to climate change. As one of the largest drivers of inflation, the sharp rise in home and car insurance premiums is a double whammy for…
The Importance of an Insurance Reviews If you’ve had the same business insurance policy for some time, there’s a good chance it no longer fits your circumstances. As part of our client service approach, Lending Connection’s business partners assist with the day-to-day management of insurance coverage, providing regular reviews to determine you have the right…
Should You Buy Property With Friends? Co-buying property with family or friends in Australia can boost purchasing power and address affordability challenges for first-time buyers. However, it can lead to legal issues and strained relationships. Follow these 3 tips to avoid pitfalls and make co-buying successful. Tip 1: Choose your co-buyer carefully When co-buying with…
Buying a Home with Family A combination of rising property prices and stricter lending criteria has made it harder than ever to buy a home or an investment property. As a result, many buyers are pooling their resources and buying property with family. As with any contract however, it’s important you go in with your…
5 Things to Think About Before Becoming a Guarantor Many aspiring first home buyers have a hard time saving a big enough deposit to buy a first home in Australia. One way around this problem is to get financial support from their parents, who can act as a guarantor for their home loan. If you’d…
Could Climate Change Impact House Prices In Australia? It’s not hard to imagine how far reaching the effects of global warming are on our natural environment. Just consider for a moment some of the recent extreme weather events here in Australia: from heat waves and droughts to flash flooding and bush fires, Australia has certainly…
The Role of a Conveyancer When Buying or Selling Property Buying or selling property in Australia can be a complex process, involving a number of financial and administrative transactions. To help reduce some of this complexity, most property buyers and sellers enlist the services of a conveyancer, a licensed professional with experience in real estate…