COVID-19 might have wreaked havoc on the economy, but for those looking to enter the property market, one of the government’s relief measures could provide a silver lining.
To help those struggling to repay their home loan because of coronavirus-related financial stress, some banks are allowing borrowers to defer their mortgage repayments for up to six months. But what are the ramifications of choosing to do so?
If you want to get the most out of a mortgage broker, simply knowing the process should stand you in good stead. Marc Barlow of Mortgage Broker Melbourne reveals the key ins and outs of a typical mortgage broker meeting.
A self-managed super fund, or SMSF, gives people complete control over how their retirement funds are invested, whether that be in shares, term deposits or property.
Being a property investor is not easy at the best of times, and it’s not just about simply buying the property. You also need to have tenants living there to return a rental income, which can present a whole new slew of issues.
Property investment is enormous in Australia, with Australian Taxation Office (ATO) statistics showing there are more than 2.15 million property investors throughout the country.