Scouty Finance

The coming weeks will see millions of Aussies enjoy a well-earned getaway, and for some, a memorable holiday will inspire plans to buy a holiday home. Is it a good idea? And can a weekender still stack up financially? 🏖

🏡 Struggling to buy your first home? 🏡⁣ ⁣ Did you know 1-in-3 first home buyers get government support to buy their first home? (Housing Australia stats).⁣ ⁣ They're supported by the federal government’s Home Guarantee Scheme (HGS) - which allows first home buyers to purchase a home with just a 5% deposit and not pay lenders mortgage insurance (LMI).⁣ ⁣ Last financial year, the scheme helped more than 40,000 first home owners enjoy a place of their own.⁣ ⁣ Contact us today to find out if you’re eligible for the scheme to get started with a 5% deposit. 👇⁣ ⁣ To find out more, DM us or contact the Scouty Team on: ☎️ – 0487 508 011 💻 – info@scouty.com.au #scouty #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

🤔 Fixed rates are down. Will variable be next? 🤔⁣ ⁣ A number of lenders recently cut their fixed rates - by more than half a percent in some cases, according to Mozo.⁣ ⁣ Why does that matter?⁣ ⁣ Fixed rates can signal where lenders see interest rates are heading. 📉⁣ ⁣ Already, our big banks are expecting rate cuts between now and mid-2025.⁣ ⁣ And right now though, some lenders' fixed rate home loans are lower than their variable rate options.⁣ ⁣ Not comfortable fully locking in your home loan rate? 😅⁣ ⁣ Talk to us about splitting between fixed and variable rates - it can give you the benefits of both.⁣ ⁣ To find out more, DM us or contact the Scouty Team on: ☎️ – 0487 508 011 💻 – info@scouty.com.au #scouty #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

There are few better ways to beat the summer heat than floating in your very own pool. With a range of price points to choose from, a pool can be affordable, but will it add value to your property? 🏊♀️

🏡 Can’t afford to buy in your preferred area? 🏡⁣ ⁣ It could be time to consider a ‘dupe’ suburb.⁣ ⁣ These are locations close to more expensive areas that let you enjoy the same lifestyle without the high price tag. 👍⁣ ⁣ Even better, gentrification tends to spread. ⁣ ⁣ So today’s dupe could be tomorrow’s property hotspot. 🙌⁣ ⁣ How to pick a dupe?⁣ ⁣ Look for postcodes close to suburbs that have seen big gains in house prices or recent development. ⁣ ⁣ Better yet, PropTrack has a handy interactive property price tool that reveals the most expensive and affordable pockets in each suburb across the country.⁣ ⁣ DM or contact us and we'll send you a direct link to it. 👇⁣ ⁣ To find out more, DM us or contact the Scouty Team on: ☎️ – 0487 508 011 💻 – info@scouty.com.au #scouty #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

🙌 4 ways to save up a deposit sooner 🙌⁣ ⁣ It takes 5.6 years on average to save a 20% deposit, according to recent PropTrack data.⁣ ⁣ But why wait that long if you don't need to? Here are 4 ways you could save up a deposit sooner.⁣ ⁣ ✅ Pay LMI: some lenders accept a 5% deposit if you pay lenders mortgage insurance (LMI).⁣ ✅ Get a guarantor: can a close relative guarantee your loan? It could let you buy with a 5% deposit and no LMI.⁣ ✅ The First Home Guarantee scheme: the government guarantees your loan, so you can buy with a 5% deposit and zero LMI.⁣ ✅ Use your super account: fast-track your savings by making use of the First Home Super Saver Scheme.⁣ ⁣ Call us to know which pathway could work for you. 👇⁣ ⁣ To find out more, DM us or contact the Scouty Team on: ☎️ – 0487 508 011 💻 – info@scouty.com.au #scouty #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

You’ve seen the perfect piece of land but you’re not quite ready to build. No problem – a land loan can be a handy finance solution. However, it can work a bit differently from a regular home loan. Here’s what you need to know. 🤔

🤳 TikTok vs talking to your broker 🤳⁣ ⁣ TikTok and Instagram Reels are fun, fast and free.⁣ ⁣ But if you’re looking for help with your home loan it's important not to just take information you discover during a random scroll as gospel.⁣ ⁣ Try to stick with posts from a licensed Australian mortgage broker. 👍⁣ ⁣ We have strict rules to follow on social media.⁣ ⁣ But you obviously can't control what's fed to you by the algorithms. ⁣ ⁣ So if you do come across financial content created by people based outside Australia, just know that in many countries the rules are far less rigid, different, or non-existent at all.⁣ ⁣ If you're ever in doubt about what you've seen, pick up the phone and give us a call.⁣ ⁣ Sure, we’d (probably) lose in a dance-off against your average TikTok creator. 😅⁣ ⁣ But we can provide you with home loan information tailored to your situation. 👇⁣ ⁣ To find out more, DM us or contact the Scouty Team on: ☎️ – 0487 508 011 💻 – info@scouty.com.au #scouty #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

🤔 Is now a good time to buy? 🤔⁣ ⁣ One-in-three people don't think so, according to PropTrack research (which means about two-in-three do). 😅⁣ ⁣ If you're in that one-in-three group: rest assured it’s natural to have doubts - a home is a big commitment after all.⁣ ⁣ But uncertainty can mean sitting on the fence much longer than you need to.⁣ ⁣ And the longer you delay, the more house prices may rise. 📈⁣ ⁣ So how do you know when's the ‘right’ time to buy?⁣ ⁣ The short answer is: it's when you’re ready to do so.⁣ ⁣ Call us today to find out if you’re home loan-ready - finding out might just give you that extra confidence you need to take the leap. 👇⁣ ⁣ To find out more, DM us or contact the Scouty Team on: ☎️ – 0487 508 011 💻 – info@scouty.com.au #scouty #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans

Your home is possibly the most valuable asset you will ever own. So it’s worth taking precautions to help ensure you buy a place that has a clean bill of health, free from budget-busting hidden nasties. 🏚 🪳