Happy New Year - Happy New Decade

2020 has started with a big ‘bang’ so to speak. Unfortunately, much attention has been around the poor souls caught up in the terrible bush fires still blazing out of control throughout the east and west coast of Australia. Many have seen their homes destroyed and tragically, lives have been lost. So, for everyone affected by the bush fires, please know you are not alone - see our message below from our Broker Family.    


First Home Buyers
On 1st January 2020, the new First Home Loan Deposit Scheme (FHLDS) came into effect, so now we have a new incentive for first home buyers. We have already had a large number of interested people enquiring and starting the process to buy their first home motivated by news of this added bonus. There are some very specific criteria to be met to be eligible, and it’s important for prospective first-home buyers to understand that not all interested parties will qualify. We can assist in determining whether you are eligible to access the FHLDS and help with the process, so give us a call. If you do qualify, there are potential savings to be made in the area of mortgage insurance costs, which in some cases can be up to or over $30k, depending on the final loan amount and deposit contribution!       

The Year Ahead
Traditionally, January is a constructive time of year to start goal-setting and planning for the 12-month period ahead. Setting goals is not that hard - decide what you want to achieve or do, break your goal/s down into steps yet keep it simple and take the first step to get started. Goals can be anything that’s important to YOU, from losing those extra few kilos put on over the festive break (guilty as charged) to reducing your home loan balance by adding a little extra to your repayments each month. You just need to plan and start, then stay motivated by keeping track of how you are progressing toward your ultimate goal at regular intervals. Every small step forward counts!

So, as the new year unfolds, just a gentle reminder to make time to get your finances in order. Please call me on 0438 041 111 to arrange a confidential discussion and get the ball rolling.

As always, enjoy life, work hard, play safe and remember that we are always here to help you
 
‘Take the Confusion Out of Lending’ 

All the best

Peter Vinci - 0438 041 111