Home in on deals for end of financial year
Conditions are right for homeowners to dip their toes in property investment, with plenty of competitive home loan on offer.
Research by LJ Hooker Finance has shown 26 per cent of existing homeowners are looking to buy a second property and, of those, 28 per cent have owned their own home for three to five years.
LJ Hooker Head of Finance, Peter Bromley, says investors are now considering delving into the property market. We are seeing people really start to think about coming back to real estate investment,” he says. “Even Gen Ys now look at buying an investment property.”
The research results were compiled from a survey of more than 1000 people and found 42 per believed interest rates were a deciding factor when considering a home loan.”
Bromley says the volatility surrounding the share market and a combination of other factors have made now an appealing time for investors to buy a second property.
“Rates are still fairly stable,” he says. “Vendors are looking to move on, so people looking to buy property are going to get a good deal out there.”
About LJ Hooker Finance
LJ Hooker Finance was established in 2005; and is the only real estate agency to offer its own brand of home loan finance. LJ Hooker Finance is experienced in the non-bank mortgage market, with access to 20 lenders and over 300 loan products. LJ Hooker Leveredge Home Loan was awarded a 5 Star Rating for Outstanding Value^ by Canstar Cannex.
LJ Hooker Home Loans have some of the lowest variable and fixed interest rates on offer with few fees and provide all the flexibility and convenience you would expect from a home loan - at no extra cost. So why not have one of our qualified mortgage brokers contact you today? Or you can simply complete your application online.
The LJ Hooker Home Loan range is suitable if you are:
- A first home buyer
- An investor
- Looking to refinance
- Looking to buy a new home
- Looking to build a home
LJ Hooker Finance has a national network of brokers who can source the right loan for you – visit www.ljhookerhomeloans.com.au for more information.