What is land surveying? If you’re buying a property with the intention of developing or significantly renovating it, well you need to know about land surveying. If you’re a first-time small developer or renovator, the only time you’ve probably seen land surveyors is when they’re on the side of a road with their special equipment…
Articles by Andrew Mirams
Andrew is a leading finance strategist who holds a Diploma of Financial Planning (Financial Services). With over 27 years of experience in finance, Andrew has been acknowledged by the mortgage industry with multiple awards.Visit www.intuitivefinance.com.au
So is it doom or opportunity for our housing markets? I was recently asked this question about our housing markets given the hysterical commentary that has been provided around the state of the housing markets in Australia, it’s a good question and the answer is really dependent upon whether you are already invested and when…
First home buyers are continuing to stake their claim on markets across the country with many usurping their competition by being better prepared to make a solid offer. The latest Australian Bureau of Statistics figures show that about 18 per cent of all housing finance commitments is to first homebuyers. However, while the percentage of…
So, what is a mortgage? Well, it’s not something to fear because it can make the difference between living a wealthy life and one that sees you stuck on a hamster wheel struggling to make ends meet. Simply put, a mortgage is the facility that people use when they borrow funds from a lender to…
Are you ready for the 2020 debt bomb? Now before you start thinking I’ve gone all “60 Minutes” and am falsely forecasting property doom and gloom, think again! Property markets around the country are doing their thing depending on the stage of their respective cycles, but one thing that is a certainty is that there…
There is plenty of talk about the state of the property investment sector isn’t there? But, like so many things online, everything is not as it seems. According to the latest Australian Bureau of Statistics housing finance figures, the total value of investment housing commitments was down $187 million, or 1.8 per cent, in June…
A new alarmist report has many believing that property Armageddon is nigh. ME Bank’s bi-annual Household Financial Comfort Measures report surveyed 1500 households to gauge how they feel about their financial situation, including cost of living and household debt – and guess what they found? More Australians are dipping into their savings to make ends meet as…
You’ve no doubt heard and read a lot about Sydney’s property market over the past few months. Prices are down. Auction clearance rates are flat. Time on market is starting to increase. Everyone seems a bit pessimistic about the state of affairs in the Harbour City, which until recently was roaring along like an out-of-control…
Aussies working and living overseas might be sitting back wondering what on earth is happening in the world of finance back home. Over the past few months, no doubt, they’ve been reading revelation after revelation coming out of the Royal Commission into the banking sector. From dodgy financial advice to customers paying fees for services…
When it comes to interest-only lending, there are a few factors that determine whether it’s a good or bad strategy for borrowers. First up, if your whole portfolio is interest-only, then at some point your repayments are going to switch to principal and interest. You just can’t have interest only forever and at some point,…
