Central Coast new homes

23/08/19

Non Bank Lenders emerging to help new home owners

Tighter lending standards introduced after the Royal Commission have put banks under the spotlight. This, as well as efforts by the Australian Prudential Regulation Authority (APRA) to slow growth to investment lending, have made it difficult for borrowers to get a home loan. This crackdown is in place to reduce the likelihood of customers defaulting […]
07/06/19

Water bills will fall for most Coasties

Central Coast water bills will fall by up to 33 per cent for some residents – a saving of up to $355 – after the pricing regulator released its final report. The Independent Pricing and Regulatory Tribunal (IPART) released its report on the maximum prices Central Coast Council can charge for water, sewerage and stormwater […]
27/05/19

It is time to create a Forever Home or strong Investment in Hamlyn Terrace

With the election over, there is no longer a black cloud over negative gearing and Capital Gains tax. In addition, APRA is considering lowering their assessment rate which stands currently at 7.25% – finally common sense prevails!  With current  rates around 3.99%, the gap is too wide to be sensible. There is also strong comment […]
23/05/19

Finally a First Home Owner Loan Deposit scheme

Prime Minister Scott Morrison has announced a new First Home Loan Deposit Scheme that will enable first home buyers to access a mortgage with a 5 per cent deposit. Mr Morrison said: “It can take nine to 10 years for an average household to save a deposit. We want to help Australians realise the goal […]

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