Also known as ‘positive credit reporting’, the ‘comprehensive credit reporting’ is Australia’s new system which now includes information about current accounts you hold, what accounts have been opened and closed, the date that you paid any default notices and how well you meet your repayments.
Banks traditionally only provide negative information for Australian’s credit reports, specifically detailing
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Did you know the banks will be now sharing your data?
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Make 2018 your year!
Happy New Year to you All!
What a year 2017 was, memorable to say the least! Here is a quick recap…
Sydney, in particular experienced higher than ever price growth, off the chart clearance rates and a wild frenzy of both international and national competition! Most likely fueled by low interest rates, a strong population -
Don’t just plan to buy…plan to own a property long term!
Many of us get excited about owning our first home! However, we often find clients spend a lot of time preparing to buy and in turn forget to plan for their post settlement journey!
Today we thought it would be great to share a checklist that caters for a lifetime of property ownership; -
What should I consider when searching for the right home??
Many people come to Peasy with a list of ideals, usually a list that differs slightly from their significant other. However, we believe it is often easy to define exactly what it is you do want, but the hard part comes down to what compromises you are willing to make.
Depending on where you want -
Buying off the plan… know the Pros & Cons first…
Buying off the plan for many Australians can be a great option however, in some cases home owners are being left disappointed with less than pleasing results and a more complicated than necessary process to completion.
For this reason, we thought it would be good to share with you the most common mistakes purchasers are
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Property Contracts…When and when not to negotiate
Changing the standard turnaround times related to a property purchase is not always essential, however it helps to know which dates and clauses are important, so that you know when to negotiate. There is also a difference in legislation between states, which is good to be aware of.
As an example, we compared NSW -
‘Rentvesting’ versus Buying a property to live in…how do they compare?
With housing affordability a topic of concern, we thought it would be a good time to share a concept known to some, but still unfamiliar to most…as ‘RENTVESTING!’
‘Rentvesting’ in simple terms is choosing to rent a property in a desired location (often a location unaffordable for you to buy in) and then using your -
Why has going past your 4th investment property become so difficult?
With industry changes making it harder for investors to grow their portfolios, is it now more important than ever to have access to a larger panel of lenders and seek professional advice.
To better explain, let us give you a basic example of what affordability looks like in reality, versus how most lenders will now -
Ever wondered what’s involved in applying for a loan?
As a Broker that values not just the process of finding a suitable loan, but also the process of making your journey as seamless and as stress free as possible; we thought we would take you through a typical ‘Peasy’ experience from start to finish.
Meeting you: we always love to put a face
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How do I prepare for rate changes?
Following on from last week’s blog, we wanted to talk more about ways you can save; and we don’t just mean money, we mean saving time and energy stressing over many things that need not be so complicated!
It all comes down to the 3 C’s that is Chances, Choices and Changes!
Let’s firstly take