“Buyer beware” tips, provided by Sequal.
To assist seniors considering an Equity Release/Reverse Mortgage Home Loan, SEQUAL has designed a list of ‘buyer beware’ commonsense tips based on its code of practice.
These include:
When shopping around for an Equity Release/Reverse Mortgage Home Loan, look for products that carry a clear ‘no negative equity’ or ‘non-recourse’ guarantee. This [...]
Plans to fix Sydney’s Aboriginal ghetto have angered locals and white activists. But that does nothing to solve The Block’s problems, writes Imre Salusinszky
‘FRANK would like to see no indigenous people here, or very few — and that’s just not possible,” says Peter Valilis, project manager with the Aboriginal Housing Company, which owns the notorious [...]
THE cost of owning a home could be cut by 20 per cent under the terms of a radical “shared equity loan” to be launched through major lenders from July.
The catch is that the borrower - a first-home buyer, upgrading home owner or cash-strapped retiree - has to surrender up to 40 per cent of [...]
You need to start saving for their education before they’re born, the experts tell Renee Barnes.
UNFORTUNATELY, children cannot be raised on love alone. For an average family, it can cost up to $310 a week to raise two children until they reach the age of 20, says a recent report by AMP and the National [...]
Thousands of people who invested in the serviced apartment and holiday homes rental market will have to repay more than $100 million in GST when the federal government introduces a retrospective law stripping them of tax breaks.
The GST tax break allowed those buyers and owners to claim 10 per cent on the purchase price and [...]
AN UNEXPLAINED blip in interest from Victorian property investors has corrected itself in the new year.
Investors returned to the market over the Christmas break to make up more than 20 per cent of the market, after slumping to an uncharacteristic low of 11.5 per cent in December.
The Australian Finance Group statistics also showed Victoria’s average [...]
Returns on investment in commercial property are the highest in at least 17 years, and central Wellington office space has been an outstanding performer, the Property Council says.
Commercial property investors received an average return of 18.66 per cent during 2005, the council said yesterday.
That is up from 14.46 per cent in 2004. These [...]