Newsletter (Excerpt) September 2010
Top Tips for Mortgage Reduction
We believe the secret to financial security is making your money work for you. Here are some tips to consider which may help you achieve financial security:
Evaluate – review your current financial position comparing your total income against all outgoings.
Budget – recording your day-to-day expenses is the key to financial control. By using your cash flow more effectively you can reduce your current commitments.
Plan – set your future personal and financial goals. This will give you an incentive to succeed.
Select – choose a loan that offers features and benefits that match your individual lending needs, not just now but into the future. This will assist you to repay your loan sooner.
Refinance – decide whether your existing financial arrangements still suit your current circumstances. If your current loans and/or credit card debts are not providing you with the desired results and you are paying too much, consider refinancing or consolidating your debts to achieve a financial benefit.
There are an extensive range of loans from many different lenders available. Finding the right loan may greatly reduce your loan term, interest payments or repayments enabling you to obtain greater financial security.
An increasing number of Australians are securing their loans through mortgage brokers. In fact around 40% of residential loans are now obtained by mortgage brokers on behalf of their clients.
Newsletter (Excerpt) June 2010
Although new loan approvals have moderated over recent months, the housing market generally remains very buoyant, with prices continuing to increase in many sectors. Our business has kicked off very well in the second quarter of the year and we would like to thank all of those who have allowed us to assist them with their home mortgage and investment goals. Most of our enquiries have led to the refinancing and restructuring of existing debt and we are beginning to see healthy interest in the purchase of investment properties across Australia. Interestingly in late 2009, the market was dominated by first home buyers but now with rents rising in many sectors, a number of enquiries are now coming from property investors looking to re-enter the market.
Thank you for reading our newsletter and please remember that we would be delighted to assist you with your financial needs at any time. We are a young business looking to build mutual trust in all of our business relationships. As always, any referral to family, friends, work associates or acquaintances will assist us to assist others and will help us to drive our business successfully through to 2011 and beyond.
Newsletter – Home Finance - March 2010
Over the Christmas / new year break I reviewed my business plans for 2010 and I am excited to advise you that my partner Lindsay is going to join me in the business on an operational and marketing basis. We have created a new business name, ‘C & L Mortgage Solutions’ and as part of our new structure we intend to send out a quarterly newsletter. So here is our first newsletter.
Firstly I would like to tell you more about Lindsay. He and I started our property investing journey together in 2003, using our own home as our initial equity. We have found this shared experience a rewarding part of our relationship and it has enabled us both to have personal and professional empathy for our fellow property investors. Lindsay has also operated in business management in Tourism and Education in the past and he has spent the last three years learning about Body Corporate Management and all the attached Government and legal legislation. I feel that he will be a great compliment to the Mortgage Brokering and property conveyancing experience that I have obtained by working in the banking industry for over 10 years and as a Mortgage Broker for the past 3 years.As you will be aware from the recent media exposure, finance lenders are starting to tighten their lending criteria as a response to the Global Financial Crisis (GFC). Lending is still achievable but deposits or access to existing equity will be a requirement. The days of 100% loans are long behind us. Rising interest rates are making things very interesting too. This is not a nice situation for those of us repaying mortgages but it is a positive indicator that the Australian economy is hotting up again. Most media indicators point to property values showing signs of growth again, with very good prospects for the next 12 to 24 months. As always, long term property investing is a great option, whether it be your first home, your own home or an investment property.
I would also like to remind you that my service to you includes answering any questions you may have about mortgage lending, about your current loans and also about future investment strategies. As always my services to you are free of charge, as all Mortgage Brokers get paid commission on loans sent to the finance lenders.
As I move ‘C & L Mortgage Solutions’ into this new phase I would ask that you keep me in mind for any of your future lending needs. I would really appreciate any referrals that you may be able to provide to me in the future.
Catherine.
