Monthly Archives: May 2014

21% of would-be buyers are struggling for finance

  The Adviser recently stated one in five potential buyers are unable to seal a deal because they cannot obtain finance, according to a new survey. The survey, conducted by property website, found 21 per cent of respondents nominated securing a loan as one of the main obstacles to purchasing a property. The Housing […]

Aussies spending at highest level in nearly 20 years

The financial situation of Australian households has deteriorated over the last quarter, yet more Aussies are willing to spend their savings – the Australian Broker Online reports The St. George and Melbourne Institute household financial conditions index decreased 7.9% to 122.2 in March, which is 1.8% below its value a year ago. The proportion of […]

Mining boom over, construction boom just begun.

The Advisor – Australia’s mining boom has ended and been replaced by a housing construction boom, according to a report released by the Commonwealth Bank. However, mineral-rich Western Australia continues to be Australia’s best-performing economy and the strongest in housing finance. It is also second in economic growth and third on housing starts, according to […]

Help your kids crack the property market

  There are several ways parents can help their kids break into the market  Guarantor – While your offspring may have the money to meet regular mortgage repayments, they may not satisfy the lenders credit criteria. By becoming a guarantor for their loan, you effectively allow the equity saved in your property. Consider this option […]