During these uncertain times, you might have questions concerning your property investment(s) and your goals. We are always here to help you navigate your options and present opportunities during this time.
Like many, plans to grow or improve the value of your property portfolio this year may be put on hold. You might want to consider ways to secure a more competitive interest rate or a loan with features that can improve your interest savings or cash-flow, like offset accounts and redraw facilities.
Loan refinancing is a strategy used by property investors to access funds – the right time to do it largely depends on your strategy, plans and equity.
Here are some key considerations:
- understand the current market value of your property and how much equity you have
- consider the costs involved such as discharge fees, establishment fees and valuation fees
- investigate and understand how the market is performing – particularly in the area of your investment.
We can work with you to ensure you have all the information you need to make a fully informed decision. If the time is right for you to take the next step in your investment journey, get in touch today and we’ll help you find the right refinance option to help you achieve your goals.