0402 203 303 rob@rwfs.com.au
Stamp Duty Explained

Stamp Duty Explained

Stamp duty is a charge which is applied by State Governments in Australia 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. The amount of stamp duty you are required to pay...
Housing Affordability

Housing Affordability

We regularly hear about the housing affordability crisis in the news. It’s said that this trend will continue in Sydney and Melbourne for the next 40 years, due to demand pressures and limited supply. However, it’s not all doom and gloom – there are...
Bridging Loan or Deposit Bond?

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 or a deposit bond. Bridging Loan A bridging loan is a short-term...
Refinancing

Refinancing

Refinancing can be a great way to save money if you believe you are paying too much for your loan, but there is more to it than just finding a loan with a lower interest rate and making the change. Before making the switch, ensure the savings you could make outweigh...
Speed Up Your Home Loan Approval

Speed Up Your Home Loan Approval

Asking how long it takes to get a loan approved is like asking how long is a piece of string. Every application is unique, so the time between your first contact with your bank or broker and approval can never be predetermined. There are, however, some things you can...
2017 Budget Plan for Housing

2017 Budget Plan for Housing

Following is an excerpt from last night’s budget: A proposed $375.3 million in funding for the new National Housing and Homelessness Agreement (NHHA) will help to provide more affordable housing for the most vulnerable. This funding, which will be matched by...