It’s getting more and more expensive to live in capital cities in Australia, and many are choosing to share accommodation to cut living costs. Flatmates.com.au reports a surging demand for shared living spaces across the country – the domain’s data for October 2023 shows an alarmingly low vacancy rate of about 0.8% nationwide when the…
Homeowners and home seekers alike are experiencing a housing crisis, as major cities in Australia have pushed rent and property prices. Inflation and property shortage have made it difficult for low and middle-income earners to find a suitable dwelling. Hence, people are continuing to pursue alternative housing options to grapple with rising costs. One such…
Real Estate Commercial Loan are types of mortgage that are granted over the purchase of commercial property. This is different from a home loan as it does not require an LMI for low-deposit loans and have shorter loan repayment terms. Properties purchased for business use are considered commercial loans. A perfect example would be office…
What happens when you miss a home loan repayment? Before you are faced with this situation, you should act fast even before or after missing a home loan repayment. If you feel like you won’t be able to fund your check or if you are honestly going to be late for loan repayment, fix the…
Spring is typically all about selling homes, but the coming season is instead busy with home renovations. It seems that property owners are opting to renovate rather than sell, according to a new study. Aussie Home Loans surveyed 1,000 Australian homeowners and found that about 54% of homeowners are choosing to renovate instead of selling…
Is build-to-rent (BTR) the answer for making up the housing shortage in Australia? A report commissioned by the Property Council of Australia has shed light on how a balanced investment approach to BTR housing could be instrumental in pushing towards the ambitious goal of providing 1 million homes by 2029. Let’s discuss how build-to-rent homes…
Moving to your new home is exciting. Finally having a place you can call home is personally satisfying, it is an achievement. However, moving to a new home is not always easy. Depending on the things you own, and the furnishings you would want to include in your new home, you may have to pack…
Getting a home loan approved and repaying for one is a tough feat, even to those with good credit standing. Easier repayment scheme begins with getting a low mortgage rate approved on your application. Here are some tips you can follow to reduce your home loan rates and get the best deals possible for your…
In Australia, there are many types of insurance offered in the market. General insurance covers almost everything that does not involve life. General Insurance covers non-life insurance policies. This may include: Although these types of general insurance may vary, depending on the financial institution or the financial company, but are generally within the following categories. To categorize…
Sydney is getting too expensive to reside in, and many are choosing to leave the capital in favor of better home and unit prices. According to the Regional Movers Index, a whopping 80% of Australians who moved from a capital city in the past year are Sydneysiders. There will always be active internal migration happening…
The Gold Coast property market is defying a slowdown in population growth and continuing to be a ray of sunshine in real estate trends. The Gold Coast appears to have a downward trend in population compared to previous estimations. But the housing sector appears to remain robust. The Gold Coast Shines Colliers published a Gold…
In the world of construction, there’s a term that’s been gaining momentum in Australia in recent years: prefab. Prefab is short for prefabrication and is an innovative but old-school construction method that has become as relevant now as ever. Prefab is being touted as one of the best solutions in the ever-growing housing concern across…
Self-employed individuals usually assume that obtaining a mortgage would be much harder than salaried workers. And while this is true in some cases, it is by no means an impossible task. It just means that due to the irregular income streams, you would have to verify income and creditworthiness more so than the standard client….
This year has marked the end of most fixed-rate mortgages, with hundreds of thousands of home loans transitioning back to variable interest rates. Experts note that this is a peak transition period for homeowners, with more than 86,000 fixed-rate mortgages expiring every month from July to December. To contend with rising rates, mortgage holders are…
Pepper Money Loans had been known to be Australia’s leading non-bank specialist lending institution that works through several affiliated mortgage brokers. They are also a wholesale funder for several non-bank financial institutions. This non-conforming lender has been a trusted and reliable partner to Intellichoice Finance through the years. Specialist lenders were first designed to cater…
The number of new listings is finally starting to climb, as property prices are also bouncing back. March has recorded gains across national property prices according to price indexes. In a recent analysis by CoreLogic, the Home Value Index found a 0.7% rise in home prices for July. PropTrack’s Home Price Index recorded a 0.16%…
A bad credit car loan makes it possible for you to secure your dream car. With a stable job and another source of income, you have managed to pay your car finance regularly and ahead of time, building your credit positively in the process. You have better control over your finances and even managed to eliminate debts…
Thinking of entering the real estate ladder? Current home buyers are up for a challenge as Australia’s home prices have reached record levels, especially in several capital cities. The latest data is from the PropTrack Property Market Outlook August 2023 Report, which outlines residential property forecasts for the year ahead. Numbers suggest that property prices…
Australia has been experiencing housing supply shortages due to several factors. From rising construction costs, delayed materials supply, inflation, and continuous interest rate hikes for commercial loans, homes, and rental unit supplies have been unable to accommodate all the demand. Traditional banks have scaled back lending due to higher risks associated with commercial property loans….
Applying for a refinance home loan is a good step to improve your finances. However, there are a few things to consider to fully maximize the advantages of a home loan refinancing. Getting a good grasp on how your home loan works make it easier for you to weigh if merging your personal loans into…
Your credit score is a reflection of your finances. Your credit report is accompanied by a credit report that includes a list of your debts or credit standings. This includes your bill payments, utilities, loans and credit cards. There report also includes your savings account, giving you a bigger picture of how your finances are….
Beginning a new year in a new home would be a great gift for yourself and your family. However, buying a new home is not a walk in the park even if you have the resources to do so. Buying a home involves a process, and the process may take longer if you require home…
No credit check loans are real, but there are clauses and conditions attached to it. To be able to understand if a no credit check loan is indeed beneficial on your end, continue reading this post. There are personal loans that do not require a credit check. However, no credit check loans can be costly,…
Are you planning to buy your first home? Are you really ready to take the plunge? There are several considerations to keep in mind before securing your very first home. Your budget, the location, the neighborhood, the loan term, and many other factors help you decide if it is indeed time for you to buy…
Are you looking into investing in property through a home loan? There are several factors to consider when investing in a property, even more, when you are financing this purchase via a home loan. An investment property is an ideal venture you could explore when aiming to put your money into something that grows and…
There are several personal loans available in Australia. Knowing which personal loan is best and suited for your budget and your financial circumstance is a challenge. Here is a compilation of the existing personal loan rates in Australia. This may help you decide which Compared to other types of loans out in the market today,…
There is no doubt that everybody wants the easy way in life. Nobody wants to go through the long hassle waiting in lines and the agonizing days of anxiously waiting for the approval of your loans, mortgages, and the like. The good news is there are ways to improve your credit score. That way approval…
Are you planning on applying for a home loan? You might want to use a mortgage calculator to understand if you can afford to repay a home loan once approved. This article helps you understand more about mortgages and repaying one. “Money makes the world go round”, that’s what most people say. Everybody needs money….
How much Stamp Duty do you need to pay for this 2019? A Stamp duty calculator can help you determine how much you’ll need to prepare, on top of your home loan deposit. Continue to read this post to learn more. It’s a given fact that people who understand the meaning of ‘tax’ also know…
A Loan Mortgage Insurance is an amount that is added on top of your home loan deposit and is required for most home buyers who availed a home loan with less than 20% deposit. If there’s a Mortgage Calculator for Borrowers, there’s also what you call a Lenders Mortgage Insurance Calculator for the Lenders. Both…
Being a small business in Melbourne is tough. You have so many competitors running like sharks on the ocean of quantum profitability. Besides, there are also many possible causes for its early decay lurking somewhere beneath the water. Unless you prevent these causes, you can never eliminate problems and headaches along the way. However, if…
Intellichoice is recognized in Australia as a leading loan management company. Through our cutting-edge approaches on lending and finance, we have helped thousands of Aussies get mortgage approvals without compromising their preference. Our system of assessment is proven to be very helpful. For two decades we enabled many individuals to achieve their business goals. We maintained…
Planning makes you efficient in making decisions. It enables you to see things in advance and imagine possible circumstances. This is very important in running a business. It makes things easy to manage and allows your business goals to be achieved. This is very crucial to those who are currently experiencing financial challenges. Unplanned business…
Some people fail in getting a loan approval because of many different reasons. These vary depending on the person’s attitude towards the issue. One of these is that they do not know how to handle their credit file and their finances. Oftentimes, they don’t really give proper attention to their financial situation. They also don’t…
If you want to learn the reasons why lenders deny your loan application, you must seek professional help now and change the circumstance. Monitoring and controlling your credit file are very important that is why it will be very useful to consult experts about it. They are the ones equipped with effective loan strategies that…
If you are thinking of growing your business but you don’t have enough financial capital for the equipment, try applying for our asset finance. Intellichoice offers asset finance here in Sydney that is unique and very reliable. For more than two decades, our clients have never failed to improve their business. Of course, there were challenges along…