You don’t have to spend your entire life glued to one spot. The world is wide, fun, majestic and free if you are only willing to take the plunge and explore it. More and more people are starting to invest in holiday homes so they can get away more frequently, cut back on accommodation costs and earn valuable income from their holiday homes when they are not using it. One of the best countries to invest in is Australia because this country has a low crime rate and they have great sites such as beaches, reefs and cities that you can explore.
Why buying a foreign home is good for you
- You can go on holiday more affordably and visit your holiday home as often as you like. The weather in Australia is fantastic all year round
- If something does happen in your home country, you can easily travel to a new and existing world and make a fresh start away from family troubles or political issues
- A holiday home can provide you with added income for the rest of your life since you can easily rent your home to holiday enthusiasts or even to Australians
- If you have frequent business in Australia, it makes the transition process so much easier
- A home is always an asset, no matter how much time goes by
- Homes in Australia are much more affordable thanks to the exchange rate
How to buy a home in Australia
The best way to buy a home in Melbourne is to use a mortgage brokers melbourne. Some mortgage brokers offer interest fees as low as 4.40% on home loans. Mortgage broker 24/7, for example, offers different types of home loan solutions such as;
SMSF loans – Your employer helps you when you take out a SMSF loan so you can buy property for investment purposes. Your employer also contributes on your behalf lets you pay off the mortgage. With SMSF loans, your employer is liable for the loan and not you.
Principal & interest loan – This type of loan offers reduced interest and principal fees if you pay your home off over a short period of time. You save a lot of money on overall interest with this type of loan.
On top of that, Mortgage Brokers 24/7 also offers added options such as;
Business loans – So you can finance equipment, debtors or get a good overdraft and grow your business more effectively
Personal loans – These loans have a higher interest rate since they are riskier but you can still use the cash for whatever purpose you need.
Why choose Mortgage Broker 24/7?
For one thing, they are the leading broker firm in Melbourne. They offer great service, they have a lot of experience and they offer a great variety of solutions to their clients. You definitely won’t be making a mistake when you buy a holiday home through this mortgage broker because you can extend the loan for as long as you need for a budget friendly mortgage.