Today’s trending stories in Australian home ownership and Home Loans.
- Fixer-upper or reno nightmare? Eight warning signs to look out for
The term renovators delightis bandied about a lot in real estate ads but it pays to know whether a home is a genuine fixer-upper or a sure-fire flop.
Even rookie renovators will know a lick of paint, a few rolls of new carpet and some fancy appliances can lift a home with minor cosmetic flaws from drab to fab.
Beyond the surface uglies, there is a host of property turn-offs that could stand in the way of a dream renovation. How do you know whet…
- Regional centres in NSW, Victoria report housing price growth
With mortgage rates at their lowest levels in 53 years and tipped to drop even further, we’re likely to see … the current mix of home ownership dominated by owner-occupiers and property investors, locking out first-home buyers.
- Downsizers beating families in bidding wars over Melbourne houses
Downsizers are flexing their financial muscle and out-bidding young families for scarce double-fronted houses in Melbournes city-fringe areas.
Young professional coupleskeen to stay living in near-city locations, but requiring a bigger house to accommodate their growing families, have lost out at dozens of auctions for Victorian and Edwardian double-fronted houses this year.
In most cases, the properties have gone to a 50- or 60-something buyer looking for a roomy s…
- Buy a spooky, forgotten London mansion for $6 million
Malplaquet House, in Londons East End, is an imposing presenceon busy Mile End Road, sitting behind a tangled garden and vine-covered wall.
Built between 1741and 1742 by Thomas Andrews, Malplaquet House wasupdated and modernised by Mr Harrington Charrington between 1778 and1827, before falling into disrepair afterCharringtons death in 1833. It was named for the Battle ofMalplaquet in France.
The property was picked up by th…
- Negative gearing: how young home buyers can beat investors at their own game
An inner-city cottage with a picket fence and little backyard was my long-held property dream. But on a single salary that dream was never going to be a reality. I had no choice but to revise my expectations and save for an apartment within a 25-kilometre radius of Melbournes CBD….
- Vincent Turner, CEO of uno, which lets mortgage customers broker their own deal. Photo: guy …
Mr Turner, who has spent the past five years in Silicon Valley, says uno will provide home loan buyers with the same screens used by mortgage…
- Australian-first online platform allows you to broker your own mortgage
The days of borrowers heading into the bank or to a mortgage broker might be … The home loan rates displayed will be those based on their personal…
- CBA boosts scrutiny of mortgage applications
CBA, the nation’s largest mortgage lender, is overhauling mortgage operations to improve processing times and boost security and transparency of…
- Review of Card Payments Regulation: Conclusions
Media Release Number 2016-15: The Reserve Bank has published Review of Card Payments Regulation: Conclusions
- DIY sale time tips
Use social media to sell your property and tips to style it that wont hurt your wallet
- Associations praise extended parameters of ASIC review
Both broker associations have praised ASIC for extending the parameters of its review into remuneration in the mortgage broking sector
- Credit union increases investment LVR
Mutual lender announces LVR changes on new and existing investment home loans