Looking to Invest in Property?

Looking to Invest in Property?
  • Written by
  • Rachael Webber

Now is the Perfect Time

Mortgage interest rates are currently low – real low – which means now could be the perfect time to invest in property! Here’s why:

You’re more likely to get a better return

It’s all in the numbers (and you may need an expert to help you work it out) but annual returns and/or capital gain on investment properties can often be substantially more than holding your money in a savings account.

Just make sure you do your research into the market and type of property you are looking at purchasing.

It’s ‘forced’ savings

Buying an investment property is almost like putting your money where you can’t touch it. Provided you find the right investment property for your financial goals, it will continue to work behind the scenes like a long-term deposit.

There’s competition to provide the lowest rate

The last 18 months have seen a rather steady increase in the number of non-bank lenders, who have opened up plenty of competition in the home loan market.

This means you can shop around to find the best rate – and lock it in long-term.

Disclaimer: The information provided above is only to be used as a general guide and is not intended to replace the advice of your mortgage broker or financial adviser.

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