‘Mortgage’ Category

Looking Behind the Headline Figure

Whilst there are a number of houses in Sydney selling for over $1million, and is considered one of the most expensive market to purchase a house in Australia, the headlined median price of $930,000 does not necessarily apply to the overall Sydney market. The headline median price reflected the average price of houses that was […]

Read Full Story

PEXA has revolutionised property settlement

Buying and selling property electronically is now a reality for Australian Property Lawyers and Conveyancers with Australia’s first national e-Conveyancing network, Property Exchange Australia (PEXA). Today, PEXA launched full functionality in New South Wales, with the ability to complete property transfers online. The introduction of electronic conveyancing in Australia is the biggest industry reform for […]

Read Full Story

Good news for developers and builders as the NSW Government announces new approval pathways for residential properties

The NSW Government announced a considerable reduction in the minimum size for housing lots in Sydney’s outer growth suburbs, effective immediately. The standard minimum lot size of 250 square metres will still apply, and where close to transport and town centres lot sizes may be further reduced to 125 square metres (SMH). The Sydney Morning […]

Read Full Story

Early release of superannuation may be within reach for those experiencing financial hardship from a residential mortgage or needing property modifications

The Australian Government has policies in place to cater for people who encounter financial hardship and require assistance paying a mortgage or modifying a property. Those experiencing these circumstances may be eligible for the early release of super to assist with the financial hardship Mortgage assistance can help prevent a home being sold by the […]

Read Full Story

The Preston Rowe Paterson Sydney residential mortgage team welcomes a new addition

We are excited to have recently appointed Erika Griffin as the head of our residential valuation division. Erika not only manages the residential team but also conducts valuations for luxury residences around Sydney. An asset to the Preston Rowe Paterson team, Erika currently leads 7 residential valuers. Preston Rowe Paterson has been conducting residential valuations […]

Read Full Story