Purchasing property can be daunting. Whether it’s your first home, you forever home, a new build or an investment, navigating the process can sometimes be overwhelming. Shakespeare’s specialist mortgage brokers can assist you through each stage of the process, from calculating how much you need to borrow, to working out the repayments and and sourcing the best loan structure for you.
Buying Your First Home
With so many home loan products on the market, as first home buyers you need to be mindful about comparing loans, and make sure you get the right advice from a leading mortgage broker professional.
At Shakespeare Leasing and Mortgage Solutions, we make it simple for you to buy, invest or refinance. Our process includes:
- Helping you compare all the different loans available on the market and choosing one that suits your needs best
- Considering all the costs involved in purchasing a property
- Completing all necessary forms (including applying for a First Home Owner’s Grant if applicable).
We’ll help you every step of the way, making sure you’re comfortable with each stage of the financial process. From selecting a suitable home loan, through to settlement, we’re the best mortgage brokers in Perth for the job.
The following guide can provide you with more information on buying your first home.
Buying Your Next Home
Buying your next home is much easier than you’d imagine with Shakespeare Leasing and Mortgage Solutions. There’s a lot to consider before you buy your next home and we’re here to help answer the following questions:
- Should you sell your home before you buy a new one, or buy and sell simultaneously?
- What are the costs associated with buying a new home?
- Should you consider a bridging loan? Are there different types of bridging loans? How would the repayments be calculated during the bridging period?
- Do you want to keep your current home as an investment property and use the equity you have in it as a deposit?
It doesn’t have to be a complicated process when you make these decisions with the help of the finance brokers at Shakespeare Leasing and Mortgage Solutions. Our “Which Home Loan” service provides you with loads of information on financing your home, helping you make the right decision to save you thousands of dollars over the life of your loan.
Buying an Investment Property
There are many factors involved when purchasing an investment property, each with their own pros and cons. Investing in a property can provide you with an ongoing rental income, plus long-term capital growth on the property. However, when you’re buying an investment property there are many other items to consider, including the structure of the loan and how it will affect your tax position.
Property investment can be a tax-effective strategy if set up correctly, allowing you to achieve personal tax savings through negative gearing. As your portfolio grows, it is important that you have the right structure in place to avoid the expenses of changing structures later down the track.
Therefore, when taking out an investment loan it certainly pays to get the right advice. At Shakespeare Leasing and Mortgage Solutions, we work together with your accountant at Shakespeare Partners to ensure your loans are best structured to suit your financial position.
We provide you with innovative finance solutions that are:
- Structured to meet your needs
- Competitive Rates
- Regularly reviewed, to allow you to stay on track
Our mortgage brokers in Perth, WA have many years of experience and will ensure a smooth transition for all your investment loans. For further information, our Property Investment Essentials Guide below offers important information for you to consider when buying an investment property.
If you are looking at building or renovating your home, a construction loan could be the perfect option for you. Shakespeare Partners offer construction loans that allow you to pay your builder progress payments at each major stage of construction. This loan has quite a few processes involved and key people to engage with in order to bring your new home to completion. These include real estate agents, builders, architects, local council, solicitors, quantity surveyors and tradies. This process can be quite stressful, but at Shakespeare we can assist you with making this process as simple as possible.
Refinancing your home loan with Shakespeare’s mortgage brokers can bring you substantial benefits. Most people refinance for one of the following reasons:
- Save money with a lower interest rate
- Access equity to renovate
- Pay off debts quicker
- Raise cash for a purchase
- Consolidate loans for easier management
Whatever your circumstances may be, it is worth speaking to one of our finance specialists here at Shakespeare Leasing and Mortgage Solutions. We can review your loans and advise you on refinancing and the benefits you’ll receive from doing so.
For any additional information regarding residential loans, contact Shakespeare Leasing and Mortgage Solutions, and speak to one of the best mortgage brokers in Perth today.