priority blog

Loan to value ratios

2024-01-16

The mortgage industry is a wide, wondrous world with a language all of its own. One of the many acronyms bandied about is ‘LVR’, which stands for ‘Loan to Value Ratio’. Here’s what it means.

We would like to take this opportunity to thank our wonderful clients and associates for their support throughout 2023. Our staff will be enjoying a well-earned break over the Christmas and New Year period and we hope that you can too! For any urgent matters during this period, please send ...

How Your Profession Can Assist In Getting A Home Loan

2023-11-23

When it comes to your mortgage, in the eyes of lenders, working in certain professions or industries can sometimes earn you special perks or benefits when applying for a home loan.

Should you manage your investment property?

2023-10-18

While managing your own investment property can seem like a simple way to keep more of the rent flowing towards the mortgage, there’s a little more to it than making sure the house is standing and collecting the money.

Rental Yields – What You Need To Know

2023-09-15

Rental yield, –the rate of rental income returned against the costs of an investment property, is a great indicator of a property’s investment potential. However, you need to keep things in perspective when you factor it into your decision to purchase property.

Top Tips For Negotiating A Property Price

2023-08-17

Here are our top tips to tactfully negotiate the price without ruining your chances of securing the property.

Stamp Duty

2023-07-19

Stamp duty, also referred to as ‘transfer duty’, is revenue levied by states on transactions relating to the transfer of land or property. It is paid upfront and needs to be budgeted for, in addition to your loan deposit.

Why Property Investors Need Savings

2023-06-15

Urgent maintenance is an unavoidable aspect of being a landlord, so having a cash buffer set aside will help you deal with any unexpected problems.

Three things you need to ask your partner before you apply for a home loan together

2023-05-15

Before you apply for a home loan with your partner, there are a few discussions that you need to have that go a little beyond what you may know already.

What Happens When Your Fixed Rate Term Ends

2023-04-20

As the end of your fixed rate term approaches, it’s important to plan ahead and talk to your mortgage broker about what your new, or roll-off, interest rate and repayments might be and what your options are.

Who Is Involved In A Property Purchase?

2023-03-15

Buying a property is more complex than most other purchases you’ll ever make. Here are the different parties who may be involved in your home-buying process and how you can leverage their valuable experience and knowledge..

Selling Your Home? Here Are The First Steps To Take

2023-02-16

There’s more to selling your home than putting up a ‘For Sale’ sign on your front lawn. Here are the first things you should check off your list to help you get a favourable result from your investment and ensure the selling process runs as smoothly as possible.