Lendesk Financial Services

🤔 What’s the deal with negative gearing? 🤔⁣ ⁣ Negative gearing was back in the headlines again recently but what’s it all about?⁣ ⁣ ‘Gearing’ simply means borrowing to invest. 🏡⁣ ⁣ ‘Negative gearing’ is where the costs of owning the property, such as loan interest, council rates, insurance and so on, exceed the rental income the property generates.⁣ ⁣ The investor then claims a loss on the property via their tax return (even though the property’s value, aka capital gains, might have increased during that period).⁣ ⁣ The advantage of negative gearing is that this loss can be offset against other income including your regular wage or salary. ⁣ ⁣ The end result is the potential to save on your annual tax bill. 📉⁣ ⁣ Interested in finding out more about buying an investment property?⁣ ⁣ Talk to us about an investment loan to help get you started. 👇⁣ ⁣ To find out more, DM us or contact the Lendesk Team on: ☎️ – 0456 773 785 💻 – [email protected] #lendesk #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

🏡 Struggling to buy your first home? 🏡⁣ ⁣ Did you know 1-in-3 first home buyers get government support to buy their first home? (Housing Australia stats).⁣ ⁣ They're supported by the federal government’s Home Guarantee Scheme (HGS) - which allows first home buyers to purchase a home with just a 5% deposit and not pay lenders mortgage insurance (LMI).⁣ ⁣ Last financial year, the scheme helped more than 40,000 first home owners enjoy a place of their own.⁣ ⁣ Contact us today to find out if you’re eligible for the scheme to get started with a 5% deposit. 👇⁣ ⁣ To find out more, DM us or contact the Lendesk Team on: ☎️ – 0456 773 785 💻 – [email protected] #lendesk #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

🤔 Fixed rates are down. Will variable be next? 🤔⁣ ⁣ A number of lenders recently cut their fixed rates - by more than half a percent in some cases, according to Mozo.⁣ ⁣ Why does that matter?⁣ ⁣ Fixed rates can signal where lenders see interest rates are heading. 📉⁣ ⁣ Already, our big banks are expecting rate cuts between now and mid-2025.⁣ ⁣ And right now though, some lenders' fixed rate home loans are lower than their variable rate options.⁣ ⁣ Not comfortable fully locking in your home loan rate? 😅⁣ ⁣ Talk to us about splitting between fixed and variable rates - it can give you the benefits of both.⁣ ⁣ To find out more, DM us or contact the Lendesk Team on: ☎️ – 0456 773 785 💻 – [email protected] #lendesk #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

🏡 Can’t afford to buy in your preferred area? 🏡⁣ ⁣ It could be time to consider a ‘dupe’ suburb.⁣ ⁣ These are locations close to more expensive areas that let you enjoy the same lifestyle without the high price tag. 👍⁣ ⁣ Even better, gentrification tends to spread. ⁣ ⁣ So today’s dupe could be tomorrow’s property hotspot. 🙌⁣ ⁣ How to pick a dupe?⁣ ⁣ Look for postcodes close to suburbs that have seen big gains in house prices or recent development. ⁣ ⁣ Better yet, PropTrack has a handy interactive property price tool that reveals the most expensive and affordable pockets in each suburb across the country.⁣ ⁣ DM or contact us and we'll send you a direct link to it. 👇⁣ ⁣ To find out more, DM us or contact the Lendesk Team on: ☎️ – 0456 773 785 💻 – [email protected] #lendesk #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

🙌 4 ways to save up a deposit sooner 🙌⁣ ⁣ It takes 5.6 years on average to save a 20% deposit, according to recent PropTrack data.⁣ ⁣ But why wait that long if you don't need to? Here are 4 ways you could save up a deposit sooner.⁣ ⁣ ✅ Pay LMI: some lenders accept a 5% deposit if you pay lenders mortgage insurance (LMI).⁣ ✅ Get a guarantor: can a close relative guarantee your loan? It could let you buy with a 5% deposit and no LMI.⁣ ✅ The First Home Guarantee scheme: the government guarantees your loan, so you can buy with a 5% deposit and zero LMI.⁣ ✅ Use your super account: fast-track your savings by making use of the First Home Super Saver Scheme.⁣ ⁣ Call us to know which pathway could work for you. 👇⁣ ⁣ To find out more, DM us or contact the Lendesk Team on: ☎️ – 0456 773 785 💻 – [email protected] #lendesk #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

🤳 TikTok vs talking to your broker 🤳⁣ ⁣ TikTok and Instagram Reels are fun, fast and free.⁣ ⁣ But if you’re looking for help with your home loan it's important not to just take information you discover during a random scroll as gospel.⁣ ⁣ Try to stick with posts from a licensed Australian mortgage broker. 👍⁣ ⁣ We have strict rules to follow on social media.⁣ ⁣ But you obviously can't control what's fed to you by the algorithms. ⁣ ⁣ So if you do come across financial content created by people based outside Australia, just know that in many countries the rules are far less rigid, different, or non-existent at all.⁣ ⁣ If you're ever in doubt about what you've seen, pick up the phone and give us a call.⁣ ⁣ Sure, we’d (probably) lose in a dance-off against your average TikTok creator. 😅⁣ ⁣ But we can provide you with home loan information tailored to your situation. 👇⁣ ⁣ To find out more, DM us or contact the Lendesk Team on: ☎️ – 0456 773 785 💻 – [email protected] #lendesk #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

😎 Are you auction-ready? 😎⁣ ⁣ The spring market is ramping up - and so are sales by auction.⁣ ⁣ Over 2,000 homes went under the hammer in late August, with more expected through summer.⁣ ⁣ Here’s how to get your auction game on:⁣ ⁣ 🧐 Research the local market to know what similar homes are selling for⁣ ✅ Understand your borrowing power⁣ 👍 Have your home loan pre-approved⁣ 🔨 Arrange a pre-purchase inspection to avoid unwanted repair bills⁣ 🙌 Attend other auctions to get a feel for how they work.⁣ ⁣ Call us today to get your finances auction-ready. 👇⁣ ⁣ To find out more, DM us or contact the Lendesk Team on: ☎️ – 0456 773 785 💻 – [email protected] #lendesk #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

💪 First home owners rewarded with capital gains 💪⁣ ⁣ If you’ve purchased a first home recently, you could already be ahead in the capital growth stakes.⁣ ⁣ First home buyers often target the more affordable end of the market.⁣ ⁣ And CoreLogic says the cheapest 25% of the market saw price growth of 2.7% in the 3-month period to August. 📈⁣ ⁣ By comparison, the top 25% saw gains of just 0.3%.⁣ ⁣ It goes to show that the sacrifices of saving for a first home can be well rewarded.⁣ ⁣ Talk to us today about loan options that can get you started in the market. 👇⁣ ⁣ To find out more, DM us or contact the Lendesk Team on: ☎️ – 0456 773 785 💻 – [email protected] #lendesk #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

🏡 The home loan feature 70% of borrowers want 🏡⁣ ⁣ Seven out of ten borrowers are opting for a home loan offset account, according to a recent NAB report.⁣ ⁣ An offset account can let you put spare cash to work by paying down your home loan sooner.⁣ ⁣ How much could your interest payments be reduced by with an offset? 🤔⁣ ⁣ Let's say you have $20,000 in your offset account over the life of a 30-year, $400,000 home loan (with an interest rate of 6%).⁣ ⁣ You could save more than $87,000 in interest, and reduce your loan term by more than three years, according to Macquarie Bank.⁣ ⁣ Contact us to find out if a home loan offset account could be right for you. 👇⁣ ⁣ To find out more, DM us or contact the Lendesk Team on: ☎️ – 0456 773 785 💻 – [email protected] #lendesk #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

✅ What to research when buying in a new development ✅⁣ ⁣ Searches to ‘buy’ on popular listing sites are up 7% compared to last year, according to PropTrack data. 📈⁣ ⁣ But with homes in tight supply, more buyers are looking at new developments.⁣ ⁣ If that sounds like you, here's a quick initial checklist to run through.⁣ ⁣ ✅ Look into the developer’s and builder's track record.⁣ ✅ Check out the estate’s masterplan to know what it offers.⁣ ✅ How are the transport links?⁣ ✅ Will the area have new schools and shops nearby?⁣ ⁣ If it all looks like it's stacking up, contact us about finance. ⁣ ⁣ We can run you through a range of loan options that are available when you buy/build a new home. 👇⁣ ⁣ To find out more, DM us or contact the Lendesk Team on: ☎️ – 0456 773 785 💻 – [email protected] #lendesk #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans