There are a plethora of reasons to invest in property, including the tax benefits and retirement planning. However, by far the most common reason is to grow your wealth and provide a level of financial security for you and your family.

However, with recent changes to lending policies and investment rates, purchasing an investment property has become a little more difficult than a few years ago. That’s why it’s important to have a specialist to guide you through the process.

The Australian Securities and Investments Commission states that visiting your mortgage broker to find the right loan is one of the first things you should do. The main benefit being you will be able to get an idea of your limit. Not only will this help ensure you don’t purchase more than you can afford, it can also help make your search much more efficient.

Knowing your exact limit will help remove all the properties from your search that are out of your price range. Bearing in mind that you shouldn’t blow your entire loan on a home’s price tag, as there are a number of ongoing costs associated with managing and maintaining an investment property.

This isn’t to mention any unforeseen periods where your investment property is empty, leaving you without rental returns.

If you would like to know more about investing in property, enquire today and speak to our Fountain Finance team – they will help you to find the right loan for your particular situation.


Contact us today!