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Buying Next Property

If you’re ready to invest in an additional property, we’ve got the tools and support to get your finances sorted.

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Take the first steps toward buying your next home, and understand what's required to save, budget and get your finances organised.
01

Evaluate reasons for buying

Consider the reasons you’re moving and the features you’re looking for in your next home.
You may need more space for a growing family or want to downsize to better suit your lifestyle.
Many people buy a new home to move closer to their family, job or great schools.
If you’re happy with the location of your current home, you may like to consider renovating your home as an alternative.
Talk to our Advisers to discuss your various options depending upon your needs.
02

Using the equity in your current home

Equity is the difference between the market value of your property and the amount you still owe on your home loan.
If you’ve made extra mortgage repayments over the years or your property has increased in value, you may be able to access the equity in your current home and use it as a deposit for your next home.
You can also use this property as security for the home loan on your next property.
Ask us to evaluate your position.
What if you don’t have equity we can explore options for you.
03

Additional costs

If you bought your first home a while ago, there may be additional costs that you haven’t considered,
Selling costs or converting into investment property which entails additional landlord insurance etc.
These may include bridging finance, Stamp Duty, real estate agent’s fees and moving costs.
Understanding what it will cost to buy your next home will help you stay on top of your finances every step of the way.
04

Calculate your budget

Buying your next home should help you
Achieve your financial goals, as well as give you the lifestyle benefits you’re looking for.
Once you know how much equity you have in your current home and the costs involved in buying a new home, use our calculators to work out how much you can borrow and what your repayments will be.
Please Contact our Advisors for more detailed information and they will help guide for the best budget and optimised cash flow.
Access to more than 40 Australian-based lenders

We are here to help,
every day

We understand you to help navigate through changes in your circumstances. Our services are designed to offer a holistic and objective solution, with a complete focus on your needs.

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