Since the bulk of our business is finding investment loans for property investors in Perth, we would like to remind you that late autumn is the perfect time to improve your rental property for winter. Here are six essential home improvements to keep your tenants happy this winter. Fix That Roof Leaks make it more [Continue Reading]
Can Buyer’s Agents Help Maximise Investment Loans?
We have helped a lot of small property investors obtain investment loans. Now that the Australian Prudential Regulation Authority (APRA) has forced lenders to cap investment loan growth rates at 10%, it has become more difficult to obtain investment loans. But there is another, less-publicised effect of APRA’s demands on bankers: investment loans now have [Continue Reading]
Investment Loans in Perth: How Does the Perth Property Market Look?
As prolific providers of investment loans and financial planning in Perth, we constantly monitor the market for both investment property and loans. Since the banks have complied with Australian Prudential Regulation Authority (APRA) guidelines to cap investment loans by enforcing tighter standards, there is less margin for error for investors. We would like to present [Continue Reading]
Thinking of Buying a Property with a Business Partner? Protect Yourself.
At Purely Finance, we specialise in investment loans for people in the Perth area who want to use property as a vehicle to attain financial independence. We offer a “one stop shopping” service for property investors, with home loans, financial planning and wealth protection products all under one roof. While we work mostly with sole [Continue Reading]
RBA Leaves Cash Interest Rate at 2.0%: What it Means to You
If you are looking for an investment loan or home loan in Perth, the news from the Reserve Bank of Australia (RBA) for September was good. The cash interest rate is going to remain at a record low 2.0%. We are going to summarise the statement of RBA Governor Glenn Stevens. Then, we will “read [Continue Reading]
Investment Loan Standards Rise: We Can Help You
The market for investment loans in Perth and across Australia has taken a sudden and drastic shift, thanks to the Australian Prudential Regulation Authority (APRA). This means it is now more important than ever to use a loan broker who is extremely knowledgeable about the business. The investment property markets in both Melbourne and Sydney [Continue Reading]
Finding Money for that First Investment Property
At Purely Finance, we have more than 70 years combined experience in brokering investment loans and home loans in the Perth area. One thing we can say about almost every large investor we work with now: when they started, they were just like you. They were looking for funding to obtain their first investment property. [Continue Reading]
Tighter Standards on Investor Loans Make it More Important than Ever to Select the Right Mortgage Broker
Recent changes in the market may be making investment loans for property in Perth harder to obtain. Mortgage brokers in Perth are scrambling to adjust to the recent changes. We believe it is more important now than it has ever been to choose the right mortgage brokers when you are looking for investment loans in [Continue Reading]
When Investment Loans for Your Perth Investment Properties are Better than Using Your SMSF
We have helped obtain a lot of investment loans for small Perth property investors over the years. With the newer trend of using one’s Self Managed Super Fund (SMSF) for investment properties, the simple investment loan has been forgotten by many. However, there are certain risks and pitfalls when using your SMSF. It is good [Continue Reading]
Risk and Return: Financial Planning Advice for Risk Management
Financial planning firm in Perth simplifies risk and return to take the confusion out of risk management. Everybody goes into investing with one goal: to make money. Some are very successful and some aren’t. It is important to know that all investments carry inherent risk. Just because you invest doesn’t mean you are going to [Continue Reading]
Tips to Get You Started in Property Investment
If you are looking to change your finances, either by looking into home loans, investing, or anything else, there is a lot you can do to get ahead of others in Perth and establish yourself financially. One of the most common things you may have read about or heard from other mortgage brokers in the [Continue Reading]
Stay Updated About the Property Market
Whether it’s a mortgage broker or a financial planner, any professional in the Perth investment property market will tell you that it is mandatory that you keep abreast of market developments. Mortgage rates and property prices both play a part in home loan or investment loan repayments on your Perth property. We always recommend consulting [Continue Reading]
Review of Policy for Residential Developments with Split Contracts
If you are one of the many using investment loans to finance residential developments with split contracts, our financial planners would like to tell you how the new Commonwealth Bank of Australia policy can affect your properties in Perth. We know that CBA isn’t the only lender out there, but those who haven’t adjusted to [Continue Reading]
Australian Home Buyers Hammered by Stamp Duty Tax
As many who have recently obtained a home loan in the Perth area probably noticed, stamp duty taxes can often brutalise those who are buying a home. As most mortgage brokers can tell you, the tentative recovery of the Perth real estate market has been a mixed blessing for many. It has helped those who [Continue Reading]
3 Factors that Determine Whether a Property is Right for You
Our mortgage brokers and financial planners have a lot of experience with home loans and investment loans in the Perth area. In our office, we offer both services. While each professional performs his or her speciality, there is still a lot of knowledge that “bleeds over” between positions. Consequently, our mortgage brokers know a substantial [Continue Reading]
Is Overseas Investing Worth the Risk?
Financial planners in Perth are often asked if investors can make a lot of money investing overseas. The short answer is “yes, but it is really risky.” While the risks can be overcome and some investors can make money with overseas investments, we would rather see you use your investment loans right here in the [Continue Reading]