Global ratings agency Moody’s says Australia’s housing affordability crisis is worsening, with record-high debt levels exposing borrowers to greater risk of defaults

Many borrowers (particularly investors) are mad, they have exposed themselves to large amounts of debt, just because at a moment in time rates are low, without sufficient consideration for future cost of debt. Rates will rise again. Interest only and investment loans are case in point. Lenders borrowing capacity calculators have changed significantly, making it […]

Loan clampdown helped cool housing market, but investor risks could rise: RBA

This below article was in the Sydney Morning Herald on Oct 13 by Nancy Yeates I believe the following: With the continually changing lending landscape, investors could add fuel to the alleged fire of a property bubble. Whilst I don’t believe property prices have led to any bubble being present, increased exposure to large amounts of […]

ME BANK Survey

Consumers often fail on many fronts when it comes to securing their future. Often it is due to being less than adequately educated on these matters. This article highlights how uneducated people actually are when it comes to their home loan, and how a few simple questions can save them potentially hundreds of thousands of […]

Homes To Love

More tips to get the loan you want. Another extract from my new book Property Finance Made Simple     http://australianpropertyadvisorygroup.com.au/wp-admin Published in Homes to Love. Author : Andrew Crossley Need a loan? How to get the bank to say yes! Find out the five fundamental criteria lenders use to assess loan applications. When applying […]

Finance for renovations

https://twitter.com/SkyNewsRE/status/842933786044059648 Interview on property finance for renovations, and talking about how my book, property finance made simple, will assist anyone who wants to buy a house or borrow against their property.   It is so important to not finance renovations using a credit card or personal loan. Obtaining a mortgage if a smarter move, it […]

Property Finance Made Simple

Finance for renovation; Property Finance Made Simple www.propertyfinancemadesimple.net.au   Ever wanted to know what is required from a finance perspective to renovate a property, structurally or non-structurally?   Firstly, obtain quotes, understand all costs involved from materials, labour, perhaps cost of accomodation if you need to move out temporarily. Any permissions needed, so if you […]

Australian Property and Lending: Avoid Property Marketing Companies

My new book Property Finance Made Simple has taken off, and one of the parts of the earlier chapters is on affordability and tightening of lending in Australia. I wanted to take the opportunity to share with you an article that came across my desk this week on a unique perspective into the impact of […]