If you’ll be moving house, make sure to consider:
– Whether it’s the right time
– Whether to buy or sell first
– What amount you can borrow
– The type of home that will suit you
– Maximising your current home’s sale value
– Review your home loan strateg.

Equity can best be defined as how much your home is worth, minus how much you owe to the bank.

Chances are that you may have collected equity worth tens of thousands of dollars, which can be used to pay down your loan. Trouble is, a lot of homeowners aren’t sure about how to access their equity.

A lot of people choose to sell their current home first, then use the available equity to buy their new home. However, depending on your circumstances, buying first may actually be a better choice.

Not only are there hundreds of loans to choose from, some are marketed using names and descriptions that don’t really say much about the loan and how it works.

There’s a lot riding on your home loan application, and the more prepared you are, the more likely you’ll receive the thumbs up from a lender.

Get auction-ready with a conditional loan approval. Our home loan specialists will help you work out what loan is right for you – and can even start filling out your application.

Auctions can offer big advantages – like the chance to secure your dream home at a price that truly reflects its market value. But successful buying at auction calls for some additional work behind the scenes, and knowing what you’re up against is crucial in mastering the auction game.

When you make the winning bid at an auction you immediately enter into a binding contract. There is no cooling off period (so it pays to have your home loan pre–approved). During this time it is expected that you pay a deposit – usually 10% of the sale price.

The average settlement period is between 4–6 weeks, so if you’re relocating to a new home it can be a busy period with plenty to plan for like moving furniture, organising a new school for the kids and maybe even a new job.