Category Archives: Loan Hub

How asset finance can help your business grow

Posted in: Business Loans, Car Loans, Finance, Home Loans, Loan Hub, Urbantech Updates | September 21, 2019 at 3:11 pm , by Urbantech

As a business owner, it’s likely you have no shortage of competing demands on your capital. In your quest for growth, you might want to hire additional staff, move to bigger premises, increase production capacity, diversify your product range or spend more on marketing. Using traditional loans or cash to...

Credit report changes: don’t be caught out

Posted in: Finance, Home Loans, Loan Hub, Personal Loans | September 21, 2019 at 2:57 pm , by Urbantech

If you applied for a home loan in the current financial environment , your lender would probably assess your application in the context of both your credit score and your credit history – on top of your income, assets, liabilities and living expenses. Your credit score is a number calculated by...

Understanding Which Home Loan Features Are Right For You

Posted in: Finance, Home Loans, Loan Hub | September 21, 2019 at 2:48 pm , by Urbantech

Buying a home is probably one of life’s most important milestones, so getting the right home loan tailored to your specific needs and circumstances is essential. When it comes to home loans, there are many factors to consider besides interest rates. Choosing the right home loan could not only provide...

Tips For Paying Off Your Home Loan Faster This Financial Year

Posted in: Finance, Home Loans, Loan Hub | September 21, 2019 at 2:40 pm , by Urbantech

A new financial year can be a great time to set money goals, such as paying down a home loan. Paying off a mortgage early can save on interest, free up cashflow each month and help you enjoy all the benefits of a debt-free lifestyle. If reducing your mortgage debt...

Five Things You Need To Know Before Becoming A Rentvestor

Posted in: Finance, Home Loans, Loan Hub, Property Investment | September 21, 2019 at 2:33 pm , by Urbantech

Rentvesting – renting a property to live in while owning one or more investment properties – is becoming an increasingly popular way for Australians to get a foot on the property ladder. According to Property Investment Professionals of Australia (PIPA)1, 36% of first homebuyers opted to invest in property and...

Four Things To Consider Before Buying Off-The-Plan

Posted in: Finance, Home Loans, Loan Hub, Property Investment | September 21, 2019 at 2:24 pm , by Urbantech

Buying a property that is yet to be built is a popular strategy, particularly for first-time homebuyers. It offers the potential for stamp-duty savings, time to save more for the deposit, and, of course, the opportunity to move into a brand-new home. While the glossy brochures and artists’ impressions can...

The Small Business Owner’s Definitive Guide To Equipment Finance

Posted in: Business Loans, Car Loans, Finance, Loan Hub | September 20, 2019 at 3:11 pm , by Urbantech

Small businesses can always benefit from an upgrade to existing equipment or from purchasing the very latest technology or machinery. However, the reality is that many business owners simply don’t have enough working capital to consider an outright purchase – making equipment finance an advantageous option. Even if you can...

When is the best time to refinance your home loan?

Posted in: Finance, Home Loans, Loan Hub | July 29, 2019 at 1:43 pm , by Urbantech

As a home owner with a mortgage, chances are you’ve heard of the term ‘refinancing’. Refinancing involves reviewing your current mortgage, and potentially swapping your loan to another lender who can better meet your current needs, wants and circumstances. Refinancing can also allow you to consolidate your debts or pay...

3 reasons to consider using a finance broker for your next business loan

Posted in: Loan Hub | July 9, 2019 at 3:11 pm , by Urbantech

Whatever your business needs, a finance broker can help you get approval for the most appropriate and cost-effective solution. Small business owners who need money to expand, invest in new equipment or smooth out their cash flow often head straight for the bank. However, just as a mortgage broker can...

Thinking of buying commercial property for rental? Here’s what to consider…

Posted in: Loan Hub | July 9, 2019 at 2:52 pm , by Urbantech

When it comes to property investment, people tend to think of residential. But commercial property can offer some big advantages as well, either as a space for your own business or as an income provider. We examine the pros and cons of going commercial. From warehouses and offices, retail to...

Beyond the basics: Advanced implications of Single Touch Payroll for SMBs

Posted in: Business Loans, Finance, Loan Hub | June 12, 2019 at 10:38 pm , by Urbantech

With Single Touch Payroll [STP] on the horizon for all Australian businesses, it will have different implications for different owners. We spoke to the experts from the Australian Taxation Office [ATO] about some of the advanced elements of STP… For some, it will mean little more than hitting an extra...

Single Touch Payroll: What is it and what changes will it bring?

Posted in: Business Loans, Finance, Loan Hub | June 12, 2019 at 10:28 pm , by Urbantech

The arrival of Single Touch Payroll is being described as the biggest revolution in tax since the GST was introduced in July 2000. But wrapping your head around how it all works can seem challenging from the outside. We spoke to the experts from the Australian Taxation Office [ATO] about...

House: 4 decades of change

Posted in: Loan Hub | April 10, 2019 at 11:19 am , by Urbantech

The last 40 years has seen significant changes in housing trends and prices across Australia. Here are some of the most interesting shifts from the last four decades; For more information or assistance with your finances please call us on 08 8451 1500 Cheers, Urbantech Finance Adelaide Mortgage Brokers + a...

Is buying to flip still viable in today’s market?

Posted in: Loan Hub | April 10, 2019 at 11:14 am , by Urbantech

With the property boom of recent years and the popularity of TV renovation shows like The Block and House Rules, increasing numbers of Australians have been ‘buying to flip’ – buying a property, renovating it and selling it at a profit. Buying to flip can be lucrative when property prices...

Why some interest-only borrowers are keen to switch

Posted in: Loan Hub | April 10, 2019 at 11:07 am , by Urbantech

New government regulations mean interest-only loans are on the decline. Given the changes, it may be time to reconsider your own loan structure. Rewind a few years and many people would have confidently assured you that an interest-only loan – a home loan on which you only have to make...

How to negotiate in a softer housing market

Posted in: Loan Hub | April 10, 2019 at 11:02 am , by Urbantech

Seller expectations are high but buyers want low prices – what’s to be done? Two real estate agents detail how to negotiate in a declining market. After years of rapidly rising house prices, the recent slowdown took many people by surprise – not least those with a home to sell....

Self-employed and want a home loan? An alt doc loan might be right for you…

Posted in: Finance, Home Loans, Loan Hub | January 29, 2019 at 12:14 pm , by Urbantech

If you’re self-employed or you own your own business, you’ll know all about the challenges of admin – keeping your accounts, finances and income flow all on track. It’s not easy. The last thing you need is a to have your home loan application declined because of the paperwork. But...

Towards 2019: what next for the housing market?

Posted in: Loan Hub | August 29, 2018 at 11:23 pm , by Urbantech

The Australian residential housing market has been highly variable this year, and we’ve seen some highlights as well as lowlights. We look ahead at what’s expected for the remainder of 2018 and beyond. It’s been a tale of mixed fortunes in the nation’s housing market over the past 12 months....

Refinancing: what you need to know

Posted in: Loan Hub | August 29, 2018 at 11:11 pm , by Urbantech

Confused about the ins and outs of mortgage refinancing? There are two key considerations when you’re looking at taking the step – why and how. Here, we examine both. A home loan is generally a long-term proposition, but in some situations it can be suitable to refinance your mortgage. Refinancing...

10 tips for choosing an investment property

Posted in: Loan Hub | August 29, 2018 at 10:58 pm , by Urbantech

So, you’re thinking of buying your first residential investment property? There are a few things to consider before making the move. Here are our top 10 tips for avoiding potential difficulties and ensuring success. 1. Know your goal Understanding your financial objectives is key to finding the right investment property....