It has been tough for first home buyers to secure a property in NSW in the last few years with property prices sky-rocketing and being unaffordable. The First Home Buyer Choice scheme is designed to lower the upfront costs of purchasing a home to increase the rate of home ownership in NSW for First Home Buyers. Stamp duty is a hefty sum for first-home buyers.

We are living in an age full of technology whereby professional services are being provided online now. E-Conveyancing being one such line normally referred and carried through PEXA transactions - https://www.pexa.com.au/ . Cyber-crime and fraud are global concerns. Cyber fraud is defined as a cybercrime done through online networking designed to retrieve otherwise inaccessible private information and sometime direct access to bank accounts or money involved in a transaction.

In this Blog we are going back to the basics of Housing needs, interest rate and how different the rise of same can affect your borrowing needs and payments.

The Property Market: Time to Sell or Buy?

PEXA is an acronym for Property Exchange Australia and is a private company owned by Link, Commonwealth Bank and Morgan Stanley. The PEXA platform allows settlement to occur in a digital workspace. In order to complete financial settlements, PEXA electronically sends instructions to financial institutions involved within the transaction together with other related parties.