40 Forty » Comparison Rate

You’ve just purchased a property… What happens next?

admin — Mon, 13 Aug 2018 01:48:35 +0000

Congratulations! The hardest part is done. Once the excitement settles down, you will need to focus on the items that need to be completed in order to be ready for settlement.

This exciting time does come with a fairly lengthy and systematic process that at times can be confusing and complicated. Below provides a snapshot of …Read More

Buying A Property With Friends

admin — Wed, 29 Nov 2017 05:24:33 +0000

If you’re looking for a creative way to overcome being locked out of the property market by rising prices, buying a house with a group of friends may be a solution to consider. It can also be a minefield though, so here’s how to avoid a blast.

While the excitement of banding together in such a …Read More

What to Consider Before Renovating?

admin — Fri, 24 Nov 2017 03:05:59 +0000

The decision to renovate is a common sticking point for homeowners, who can spend hours weighing up the cost benefits. Whether your motivation is to add value to your property or to add a touch of your personality to the home, renovations are expensive and debt often follows. It is important to find the right …Read More

The Added Costs of Purchasing Property

admin — Tue, 14 Nov 2017 00:12:58 +0000

Buying property isn’t just the purchasing price, a number of hidden costs are associated. So don’t forget to account for these extra costs in your considerations. In addition to the cost of moving, a change in council rates, strata fees, the cost of any renovations and furniture, homebuyers face additional fees to complete the purchase …Read More

Top Tips for Open Inspections

admin — Tue, 24 Oct 2017 06:03:02 +0000

Never judge a book by its cover. This is certainly true for books, and also for houses too. After all, who would buy one having never seen more than the front door? We’re in the midst of the season for selling houses, and open inspections are the perfect opportunity to get a good look at …Read More

How do Comparison Rates really work?

admin — Wed, 28 Sep 2016 05:03:09 +0000

Comparing apples with oranges doesn’t make sense. To make finding the right loan easier, and to make advertised rates as transparent as possible, we have comparison rates.

You’re looking for the best mortgage deal and you see something advertised at ‘3.8%’. Underneath that seemingly too-good-to-be-true rate it reads ‘4.9% comparison rate’. What does this mean?

In 2003, …Read More