Andrew is a leading finance specialist who holds a Diploma of Financial Planning (Financial Services). With over 32 years of experience in finance, Andrew has been acknowledged by the mortgage industry with multiple awards. Visit IntuitiveFinance.Com.Au
Here’s a number for you — 10,950. Ten thousand, nine hundred and fifty. That’s how many days a first-time property buyer will have to scrimp and save for a 20 per cent deposit for a property in Sydney. Not the purchase price — the deposit. Thirty long, hard years. If you ever want to take that first step on…
The first time you do anything can be challenging — riding a bike, learning to drive or speaking in front of a crowd. It’s new, unfamiliar and requires a certain element of previous knowledge. Sometimes you can fluke it but often times you’re best to start small and work your way up over time. Training…
When it comes to property investing, quite often there’s no reward — or usually no big reward in any case — without a little bit of risk. Similarly, there’s almost always no reward without a heavy dose of reality. And that reality comes in the form of the tax department. In the dizzying high of an investment…
It almost seems that every day brings with it new lending policies, doesn’t it? Interest rates are changed for investors and interest-only lenders, while loan to value ratios seems to be more fluid than a retreating tide. While it can be difficult to understand the current lending landscape, that doesn’t mean that finance is not…
You know that smell just before a big downpour? It’s a familiar scent that fills the air and instantly hints that you should bring the washing in. Or how you get a scratchy sensation in the back of your throat, a niggling but subtle pain each time you swallow, which usually indicates a nasty flu…
So APRA has finally cut its limit on investor lending growth — some three and a half years after it was implemented by finally axing its 10% investor lending speed limit by saying that it had “served its purpose”. As of 1 July 2018, lenders that have been operating below the 10 per cent investor lending…
There’s more talk about interest rates rising later this year. However, chatter about rates rising has been happening for years now. In fact, can you believe that this year marks 10 years since the start of the GFC? In September 2008, the cash rate was 7.25 per cent but by February 2009 it had been slashed…
It’s a never-ending question: “Is now a good time to fix rates?” However, my constant reply is always: “Well, it depends!” That’s because there are a number of variables that you must consider before deciding whether now is the right time for you to fix home loan interest rates. Changing circumstances If your family circumstances…
When you’re buying a property, careful research is the key to success. From making the initial decision about how much you can afford to spend, right down to locating the right property and making your purchase, doing your research to make sure you’re fully informed will help to ensure you make a profitable investment that…
If an alien landed in Australia, it might think that we’re a nation of renovators. Not only do we have a plethora of TV shows about renovating for profit, but there is an army of amateurs who spend their weekends becoming better acquainted with a paintbrush. There is no doubt that buying a house to renovate…
