Low-cost ways to give your apartment a makeover
If your apartment is looking a bit tired but you think renovations will be difficult – not to mention expensive – you might be surprised at how easy it is to give a small space a big makeover. Whether you’re preparing to sell or rent your property, or you just feel like a fresh look, renovating an apartment can be rewarding. Apartments and units generally have smaller spaces than houses, so a revamp is your chance to think creatively. Remember, we’re not talking major work he
Your guide to investment property loans
There are certain things to look out for when selecting and applying for a loan for your investment property. Here we look at the main differences, the most popular loan types, and how to get the best mortgage for your situation. Interest-only, fixed, variable, offset – finding the investment home loan that’s right for you can seem like a minefield of financial jargon and conditions. The key to finding the right loan is to have a clear investment strategy: are you going to re
What you can borrow or what you should borrow?
The amount you can borrow and the amount you should borrow are sometimes two very different things. Before you apply for a home loan, it makes sense to realistically assess your financial situation. Here’s how to do it. Understand your borrowing capacity Generally speaking, your borrowing capacity – what you can borrow – depends on a number of factors, including: your income your monthly expenses your existing debts how much deposit you have saved current interest rate type o
Say goodbye debt (and hello home loan) in seven straightforward steps
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 your first home. Here are seven steps you can take towards minimising your debt and moving into the property market. 1. Work out how much you’re spending Create a spreadsheet and track your expenses for a month – record everything
Sound choices: Your essential guide to built-in home audio
Many people are opting for built-in home audio systems. But how do you know if it’s right for your home? We take you through the reasons to choose built-in, what to consider when planning, and ways to avoid common problems. Why built-in? Freestanding and built-in systems each have their advantages. It’s a question of what works best for you. For many people, the main reason for installing in-wall or in-ceiling audio is aesthetic – there are no ugly speakers or wires to spoil
