|
|
Hello,
Welcome to our latest newsletter.
In this issue we discuss how buying properties in other parts of Australia can appear more difficult. We are happy to help you as there may be opportunities you havent considered.
We also recognise there are different ways of investing in property. Our article on Property Trusts gives a brief explanation of how these work.
Our final article on Offset continues to provide some education on this feature which is of benefit to some clients.
We hope you enjoy the newsletter. Please pass it on to anyone you know who may be interested, or reviewing their finance options. Receiving referrals from existing clients and contacts is a very satisfying part of my role in helping people.
|
|
|
|
PO Box 741
Rozelle NSW 2039| Tel: | 1300 885 559 | | Mob: | 0405 534 344 | | Fax: | 1300 885 559 |
|
|
|
|
 |
|
Here to help you
With more financial transactions being available on line all the time, and with a host of lenders available every time you want to borrow, what is the value of maintaining a long term relationship with your mortgage broker?
The best reason may be the very fact that there is so much choice and so many products available. Assessment of them all can become a minefield - an interest rate that appears low may not be so attractive when other terms of the loan are considered.
Read More >>
|
|
|
Looking to buy an interstate property
For most home buyers and property investors, their own state, city or region is the logical place where they make their first purchase. However, after owning a home or investment property for a period of time, many clients become aware of appealing property investments in other cities or states of Australia.It is common for the media to comment that the property market in one state is in a period of flatness, while in another, the property market is taking off for a boom. In recent years, the property situation in Sydney and Perth have been reported in this way. Many Sydney suburbs have been regarded as being flat, while almost any property in Perth has been regarded as being a candidate for boom conditions
Read More >>
|
|
 |
 |
|
Investing in property trusts
Have you thought of the role we can play in borrowing money to invest in a property trust?Without wishing to actually advise you on whether a property trust is right for you, it is a fact that this form of investment appeals to some but not to others. Some investors are turned off by the fact that investment in a property trust does not result in ownership of an individual building which can be touched and felt. It results in shared ownership of a portfolio of properties together with other investors.
But some people are equally turned on by the prospect of not having the responsibility of personally owning a property and the risks of bad tenants, rent droughts and management worries.
A property trust also allows the investor to buy into certain classes of property - such as prime commercial property.
Read More >>
|
|
|
What is offset?
You may have heard the term 'offset' or 'offset account' but do you know what it means?An offset account allows a home owner or investment property owner to place an amount of money on deposit with the lender. Instead of receiving interest on the deposit as would be usual, the interest is offset against the interest accruing on the mortgage.
Read More >>
|
|
 |
|
|
|
Mortgage & Finance Association of Australia
Sydney Mortgage Practice is a member of the MFAA, the peak governing industry body. All members are bound by a strict code of ethics to ensure the highest levels of service, integrity and professionalism.
John Kinross is an Accredited Mortgage Consultant of the MFAA. This means that he has proven qualifications, experience and expertise in the mortgage industry.
MFAA number is 10977.
|
|
|
About Us
Sydney Mortgage Practice has developed relationships with over 30 lending institutions in Australia. Our experience in liaising and negotiating with these wide range of lenders makes the process of securing property finance easy for you. The broad range of lenders on our panel enables us to satisfy (just about) all mortgage scenarios we encounter.
Sydney Mortgage Practice manages the whole process of obtaining funding from a lender on your behalf - from application through to the settlement of your loan.
We are committed to sourcing the most competitive loan from our panel lenders to suit each client's circumstances.
We aim to achieve the highest levels of customer satisfaction and to build long term relationships with our clients.
|
|
|
Disclaimer: This newsletter is intended to provide general news and information only. Readers should rely on their own enquiries before making any decisions regarding their own interests. Please do not rely on any part of this newsletter as a substitute for specific legal or financial advice. All material is copyright 2007.
|
|
|
