Is it time to refinance?
September 6, 2019
Have you revisited your investment loan terms recently? Rates are very competitive at present and many lenders are now offering incentives to property investors to switch and enter into new loan terms. This is a great opportunity to fix your loan at a historically low rate.

It’s also a good time to review whether you need to update any fixtures and fittings to enhance the rental and capital value of the property.

The perfect time to plan this value enhancing exercise is the final six months of the financial year as you seek to benefit from a taxation perspective. Secondly, undertaking improvements, be it installing a BIW, or new blinds, even new tap fittings is often enough to show your tenant that the property is definitely worth staying on in.