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Hi all, Just after some opinions/other thoughts. I am trying to decide whether I should move my wife's 245K IP loan (.7 discount NAB homeside) to our existing WBC package (1% discount) to save the extra .3% for the next 25 years, or keep it seperate as an alternate lender. WBC package has...

Hi all, I'm about to apply for my new PPOR loan with Westpac through my broker. Currently loans of about 750K at 5.59% (.92 discount) at 90% lvr. New PPOR loan will push total just > 1.5 mil also at 90% lvr. Do you guys think I be asking for further discounts prior/during the loan...

What are peoples thoughts on this article? http://www.afr.com/p/blogs/christopher_joye/housing_values_maintain_build_up_N2u1LtLLkNmHCKvZXOxlFJ

Hi all, Does anyone know if Maternity leave is counted as income for borrowing capacity in banks loan applications? Are there any rules/restrictions such as just needing a letter from work to say that you plan to resume work? We're planning kids soon and my wife will be on half pay...

Hi, I'm thinking of buying a victorian weatherboard home in melbournes inner north that I can eventually do a 2 storey extension on as my ppor. Rough extension floor space would be 20m2 on lower level extending the living room, and adding a 40m2 upper level, including a master with ensuite...

Hi, I'm considering a property at an auction around 650K at 90% lend but won't have enough deposit to cover the approx 15K LMI myself. My question is whether most lenders would have any issues capitalising this much LMI and whether there are limits where they start saying "no" to...

Hi all, I took out Westpac landlords insurance on a unit in Feb, and just found out my PM company has also taken out EBM rentcover on my behalf without my permission, which I wasn't very happy about. Anyway now I have 2 insurances and need to cancel one of them myself, so am trying to pick...

Hi, I am considering buying a vacant block of land in Ascot Vale to build a PPOR. The land is in a new area being developed called Ascot chase. I would need to put down 10% deposit and settle in about 12 months or so when the land is ready for building on. My questions are, how does...

Hi all, I need to do the below work to my house in Greensborough to assist with some future flood proofing and was wondering if anyone has any recommended tradespeople? 1. Block/fill approx 5 'crawl space air vents' out the front (brick house) and create 2 new ones at the side of the house...

I'm not going to argue with Terry Ryder! http://www.hotspotting.com.au/index.php?act=viewArticle&productId=2268

Hi all, My house in Melb was flooded badly during the xmas storms and the tenant seeked the required temporary accommodation for almost 1 week in a hotel at $300 per night whilst the house was being restored to a liveable condition. I have building/landlords insurance with Westpac and the...

Hi Somersofters! I'm considering buying an IP in one of 2 suburbs both in SA (seaford and christies beach). Both are closely located so should be similarly impacted by some major transport infrastructure happening which is my reason for considering them. The prob is I can't decide...

Hi, I'm currently refinancing my IP so I can prepare for settlement of another IP in a couple of months. I have an offset account against this loan which I use as my everyday account. (i have no other loans) I am topping up my loan to 90% in preperation for this. It will be one loan...

Hi Guys, The last bank valuation on my house (4 bed/2bath/2car renovated with views) in Greensborough 2 years ago, came in at 510K. The suburb has experienced growth of 20% plus in it's median in the 2 years since then. My broker did a residex report with equivalent sales and it came in...

Hi, I was wondering who here currently subscribeed to Terry Ryders 'Ryder Report'?(the $395 per year one) If so can you please provide your feedback on how good it is ect as I'm considering subscribing or going halves with a friend since I'm a fan of his ideas in general and am thinking...

Hi guys, Looking for some recommendations from tradespeople or anyone else regarding shower repair/rebuilds The shower (standard shower base - acrylic I think with wall tiles) in my rental property cracked (was about 2 inches long up to 1cm wide) near the drain hole a few months ago and it...