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BUYING A PROPERTY

We know how frustrating it can be to organise finance when you are purchasing a property. Given the multitude of lenders and lending options available, choosing a home loan quickly becomes a very confusing and daunting task.

 

At LadyBird HomeLoans we help you through this stressful time by using our Spot On Service & Advice. Best of all, as qualified Home Loan Specialists, we will ensure we find you the right solution for your personal situation.

Industry experts providing you with a personal service.

Home Loan Specialists to help you with your life changes. 

Talk to our home loan and finance specialists.

First Home

BUYING YOUR FIRST HOME

We know how daunting home loans can be, let us help you get on the process of buying your first home
 

  • We will provide you with the information and advice to get you the right home loan, with the right lender to suit your specific needs and long term goals. We will explain the jargon and ensure you completely understand the home loan process.
     

  • We can provide you with a pre-approval to give you confidence in making an offer on your dream first home.
     

  • We can provide you with guidance on which Government grants are available to first home buyers, such as First Home Buyers Guarantee Scheme and First Homeowners Grant.
     

  • We will help you through every stage of the process through to settlement and beyond.

    Please get in contact with us if you're interested in options for buying your first home. 

EXPLAINING THE JARGON

Standard rate, variable rate, comparison rate, offset account, redraw facility, lenders mortgage insurance, conveyancing, consolidation, guarantor, split loans. With so many terms it is easy to get confused which is why we take our time to explain everything to you that you will need to know.

We will:

  • Explain the entire process in buying your first home and any costs you may run into

  • Help you get pre-approval

  • Search across hundreds of different home loans available to find the right one for you

  • Tell you about any Government incentives that may apply to you like the First Home Owners Grant or Stamp Duty concessions; and

  • We will even help you apply for the relevant grants

Next Home

BUYING YOUR NEXT HOME

If you’re thinking of upgrading, downgrading or simply relocating, there are two things you will need to know to make the transition between homes as smooth as possible.

 

  • The value of my current home

  • How much I will need for my next home

MOVING ON FROM A PROPERTY CAN BE DIFFICULT

The value of my current home

Valuing a home is not as simple as a report from your real estate agent. This is only a market appraisal. A lender will only lend against their own valuation report which comes from a valuer appointed by them.

 

At LadyBird, before the loan application commences we are fortunate enough to be able to order an upfront valuation through the Lender. Not all Home Loan Specialists, mortgage brokers or bank branch staff have access to this privilege and service offering.

HOW MUCH WILL I NEED FOR MY NEXT HOME?

The value LadyBird can bring to this phase of your home purchase is understanding the true costs of buying and selling property.

 

This insight enables LadyBird to determine the actual net position that you need to borrow and, in turn, this translates to what your new weekly repayments are going to be. 

 

If you do require additional monies for your next home, it may also be time to review your loan to see if it still suits your needs, or if we can find you a better deal.

Investment Home

BUYING AN INVESTMENT

Australians love investing in bricks and mortar. Property is often seen as a solid investment that provides good returns over the long run.

 

But like all investments, it pays to do your homework before taking the plunge. The shortage of rental properties combined with rising rental prices in most markets means if you choose the right property, and the right loan, you could reap the financial rewards.

TIPS FOR YOU TO MAKE THE MOST OF YOUR INVESTMENT

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  • Take a long-term view and realise that investing in property is usually a long-term strategy
     

  • The housing market is generally a 7-10 year cycle; there are always highs, lows and steady patches.
     

  • Make sure you’re comfortable with how much you’re borrowing, and you know what your financial goals are.
     

  • Plan ahead – you may find a long-term tenant or you may find that your tenants come and go.  
     

  • Make sure your cashflow is sufficient so that you can cover the mortgage and other outgoings while the property is empty.

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