Annette Tothill Finance
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HomeBuilder extension
HomeBuilder extension As recently announced, the HomeBuilder program will be extended to 31 March 2021. Some changes to the HomeBuilder program include: A $15,000 grant for building contracts (new builds and substantial renovations) signed between 1 January 2021 and...
Christmas Spending Ideas
Christmas Spending Ideas With Christmas just around the corner, here are a few ideas for you to consider that might help put less strain on your wallet and not have Christmas lose its sparkle! Have a pre-Christmas clean up A recent report released by Gumtree found the...
Is now the time to fix your mortgage rate?
Is now the time to fix your mortgage rate? The cash rate in Australia is now the lowest it has been in 23 years, a reaction initially to stunted economic growth and now to the impact of COVID-19 on the economic landscape. Is it worth fixing your rate? Here’s some...
Consolidating Loans
What you need to know before you consolidate your loans. Managing Several loans can be difficult and sometimes stressful. A way to simplify your financial situation and hopefully save money is to centralise your Loans. But here’s what to consider before you...
Apps and Tools to help with your Finances
It’s a great idea to have a little help managing your money especially when you’ve got monthly mortgage repayments to make, balancing your books is extra important. There’s a great range of apps and tools designed to help you budget, save and track your finances. And...
First Home Owner Grant
The First Home Owner Grant is available to eligible first home owners. It is a great opportunity for those just getting started in the housing market. The First Home Owner Grant applies to the purchase or construction of a new residential property, including a house,...
Bridging loan or deposit bond?
When selling one property and purchasing another, the funds from the sale may not be available in time to use for the purchase deposit. There are typically two options in this scenario: a bridging loan and a deposit bond. Bridging loans A bridging loan is a short-term...
First Home Loan Deposit Scheme
On 1 February 25 smaller lenders around the country started offering the Australian Government’s new First Home Loan Deposit Scheme – offering guaranteed loans, giving eligible first home buyers wider consumer choice. The Scheme allows eligible first home buyers on...
2020 could be your year to buy Property
If you’ve been thinking about purchasing your first property, 2020 might be the time to pounce. Following a correction, many of the property markets across Australia have plateaued and are once again increasing in value. Corelogic statistics show, in January house...
Home Loans for Self-employed
Finding a home loan when you’re self-employed There are many perks to working for yourself, but when it comes to applying for a home loan, it seems being your own boss can make the process of applying for a home loan more complex with banks and other lenders. Why? A...
Say goodbye debt
Say Goodbye Debt It’s all too easy to rack up debt – credit cards, HECS, car loans – and may seem all too hard to pay it off. Debt can also have a big impact on how much money you can borrow for a home loan, so reducing your debt is essential when you set out to buy...
6 Strategies for Auctions
6 strategies for auctions Auctions are competitive and stressful for most bidders. Here are six smart strategies that could improve your chances of winning. 1.Don’t show your hand Revealing your maximum bid limit to the agent before the auction could encourage them to...