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Is Now The Time To Upgrade Your Home?

Is Now The Time For Up-Graders?

Is now the time to up-grade your home?

Big life decisions are inevitable.

Whether it is career choices, buying our first property, welcoming children into the world, upgrading our home, downsizing to retire or refinancing to get through life’s ups and downs, we all face these sometimes tough decisions.

There is no doubt that many Australians are finding life challenging right now. But for those who are able, this market of low interest rates and low market activity could be an opportunity to buy a better home for your dollar.

The reasons to upgrade will vary between families.

They may include the chance to cater for a growing family - a spare room for working from home, additional desk space for home schooling or larger bedrooms for growing teenagers.

Currently there are also additional considerations with government schemes and grants associated with building and renovating.

With research, planning and stable finances, an informed decision can be made as to whether it is appropriate to upgrade the family home through renovation or to purchase a new home for a growing family’s size and needs.

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This article is prepared based on general information. It does not take into account individual financial objectives or needs and is not financial product advice.

About the Author

James commenced Mortgage Brokering in 2009 and launched the Mortgage Broker business "Your Home Loan Consultant" in February 2012. With over 10 years of experience in the finance industry, our team in Brisbane are here to assist you. We pride ourselves on transparency and communication, and no matter what you need – we are never more than a phone call away. Your Home Loan Consultant is a full-service Mortgage Brokerage. Assisting first home buyers to get into their own home and then with the correct guidance show them how to create wealth through property investing.

James Sylvester

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