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]
What the Current Economic Climate Means to You
The financial planners at Purely Finance are here to help people in the Perth area use investment properties as a vehicle for financial independence. We are here because we believe that property investing provides an unbeatable combination of market stability and the possibility of high returns for those who invest aggressively. Our Economy So Far [Continue Reading]
What Record Low Interest Rates Mean to Homebuyers
If you are looking for a home loan in Perth, you probably know about the recent Reserve Bank of Australia (RBA) decision to lower the cash interest rate to another all-time low: 1.75%. The record low interest rates are providing opportunity to both investors and owner-occupiers. While low interest rates don’t mean you can borrow [Continue Reading]
How to Buy an Investment Property
At Purely Finance, our mortgage brokers and financial planners in Perth provide one stop shopping for those in the area who want to create wealth through investment property. We feel for numerous reasons that investing in rental properties is the most consistent and reliable way to create wealth. While we can’t give individual advice without [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]
Why Financial Planners in Perth Love These Regional WA Suburbs
The financial planners in our Perth office are experts at working with investors who want to use real estate as their prime investment vehicle. Combined with our mortgage broking, we offer a one-stop shopping solution for real estate investors. However, rising prices in Perth and all capital city markets have caused many to not be [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]
Financial Planners in Perth: 5 Things Not to Do When You Receive an Inheritance
As some of the most experienced and trusted financial planners in the Perth area, we have worked to help a lot of people minimise taxes and maximise revenue from their inheritances. Unfortunately, we have also seen the results of people who try to do it on their own. When someone receives an inheritance, their usual [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]
Interest Rates on Hold: No More Cuts?
Mortgage brokers in Perth and across Australia are a lot busier recently, due to the news that the Reserve Bank of Australia (RBA) is not expected to make any more cash interest rate cuts in 2015 and may not cut it below its current rate of 2.0% in 2016. That means that the cash rate [Continue Reading]
If You Don’t Act Soon, it Could Be a Lot Tougher to Obtain a Home Loan
If you are looking for a home loan to finance an investment property in Perth, It could become a lot more difficult if you don’t act soon. Thanks to a number of recent developments, a five figure deposit isn’t going to be large enough to finance an investment property soon. The Numbers In Sydney, for [Continue Reading]
Why This CEO Thinks Real Estate is the Best Investment Platform for the “Little Guy.”
The mortgage brokers and financial planners in our Perth office have one common goal: to help you build wealth by investing in real estate. We also help with investments in other platforms such as shares. If you want a self-managed superannuation fund, we can help you with that, too. But we believe that investment property [Continue Reading]
Looking for a Home Loan in Perth? Read This.
If you are looking for a home loan in the Perth market, pay close attention to this post. The better you get your finances in shape, the better terms and lower interest rate you will get on your home loan. Here’s what to do if you want the best possible results on your home loan. [Continue Reading]
Couples and Money: The Great Compromise
The financial planners in our Perth office have a lot of experience in working with couples. While it might seem like couples should have the same opinions about money, we have found that there are always differences between partners. Sometimes one partner is so dominant that he or she takes total control. We don’t think [Continue Reading]
Why So Many Australians Now Use Mortgage Brokers Instead of Bank Managers
Here’s something mortgage brokers in Perth know that you may not: recent figures from the Australian Bureau of Statistics (ABS) indicate that 52% of Australians now turn to mortgage brokers when they need a home loan. This is happening because of all the benefits you receive when working with a mortgage broker instead of a [Continue Reading]