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Property

Property

Property Insider access the equity in your property. In April, the Australian Prudential Regulation Authority (APRA) announced the 10 per cent limit on bank lending to property investors (in place since 2014) would be removed for lenders that could demonstrate prudent lending. As a result, we’re seeing interest-only investment loans becoming easier to obtain, and interest rates being reduced by some lenders. That means now may be a good time to reassess your investment strategies and refinance requirements. Savvy property investors use their equity for a variety of different purposes: • to renovate and add value to an investment property • as a deposit for their next investment property • to fund their lifestyle and living expenses. Last weekend, Fiona Crandell (now Johnson) from Another popular reason to refinance is to secure a Elders Brunswick Heads married local musician more competitive interest rate or a loan that better and gardener Craig Johnson in front of an intimate suits your needs. There may be loan features that gathering of family and friends. The ceremony was can improve your interest savings or cash flow, held at sunrise at Mavis’s Kitchen at the foot of like offset accounts and Wollumbin (Mt Warning). Fiona, who is not only a redraw facilities. It pays to talented real estate agent also a talented musician, talk with your mortgage met Craig at a local open mic night. broker and reassess your Photo credit Saul Goodwin property investment loans regularly to ensure you’ve got the right loan to maximise your financial benefits and tax advantages. According to the Acceptance Finance latest Key considerations: newsletter: refinancing your loan allows you to

Email us: propertyinsider@echo.net.au Market value and equity Costs Market performance. For more information or a free suburb property profile report contact Russel Shaw (see ad in The Echo’s Property Business Directory). Photo Russel Shaw from Acceptance Finance

Historic Bangalow x 2 Janice Maple of Elders Bangalow has been appointed exclusive agent for the sale of the

According to a recent article in Bangalow Herald, Alice was the last direct member of her family. Deeply religious, her life was one of service to family and community. Alice’s love for the Bangalow community is shared by Janice, who is also passionate about the Bangalow community and has been involved in many of Bangalow’s community groups. ‘I am so proud and grateful to be appointed the exclusive listing agent on a property that has such historic significance in our community.’ says Janice. Clover Hill House will go to auction July 28th.

Love is in the (brisk) air

Why refinance?

historic Clover Hill House in Bangalow. The original estate ran all the way to the creek, where the sports fields are today. Clover Hill House now sits on 2379sqm with westerly views across Bangalow village. Sadly, Alice Holm who owned the home died recently. She was in her 90s at the time of her death and had lived in the house for 40 years.

This weekend, another historic property goes under the hammer through Duncan Lorimer of Elders Bangalow. The original farmhouse on the Jindibah Community in Fowlers Lane was owned by life-long Bangalow resident, Harry Fowler is up for auction this weekend. Harry’s family settled the land in the early 1900s. Harry was born on July 26th 1904 and with the exception of when he was away at war, he lived on the property and devoted much of his time to community activities. The auction is on Saturday at midday.

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30 July 4, 2018 The Byron Shire Echo

Byron Shire Echo archives: www.echo.net.au/byron-echo

The Byron Shire Echo – Issue 33.04 – July 4, 2018  

Free, independent weekly newspaper from the Byron Shire in northern NSW, Australia.

The Byron Shire Echo – Issue 33.04 – July 4, 2018  

Free, independent weekly newspaper from the Byron Shire in northern NSW, Australia.