Insights
Welcome to the Ello Lending Co mortgage insights section! Here you will find valuable information and resources on the mortgage and related industries. From market news and trends to expert advice and success stories, we strive to provide valuable information to help you navigate the mortgage process and keep you informed. Whether you're a first-time home buyer looking to understand the process, or a seasoned homeowner looking to refinance, you're in the right place. Stay informed and make informed decisions by subscribing to our blog. Thanks for visiting!
What Are the Rules of a Sunset Clause? Property Tips
Navigate property transactions in Australia with confidence by understanding the essential sunset clause. At Ello Lending, our experts can guide you through the process, ensuring you comprehend the implications and secure the right home loan solution. Contact us for expert assistance today.
Is Stamp Duty Payable on a Mortgage in Queensland?
Discover whether stamp duty is payable on a mortgage in Queensland and understand the associated costs. Learn about the calculations and factors involved, helping you make informed decisions about home buying in Queensland.
How Do I Avoid Stamp Duty in QLD? Expert Tips
Discover expert tips and strategies on how to avoid paying stamp duty in Queensland. Learn about concessions, grants, and deferral schemes that can help you save money when buying a property. Don't miss out on valuable insights to optimize your property purchase.
Can You Negotiate Price on Off the Plan Property?
Can You Negotiate Price on Off the Plan Property? Uncover the possibilities of negotiating price on off the plan properties and maximize your investment potential. Explore valuable insights and strategies in this informative blog post.
Is Stamp Duty Payable on Off the Plan Purchases QLD?
Looking to purchase an off-the-plan property in Queensland? Wondering about stamp duty? Yes, stamp duty is payable on off-the-plan purchases in QLD. The amount depends on the property's purchase price and type. At Ello Lending, our experienced mortgage brokers can guide you through the complexities, explaining stamp duty and other associated fees, while helping you secure the right home loan for your off-the-plan property purchase.
Changes to the First Home Guarantee scheme announced by the government
the expansion of eligibility criteria for the First Home Guarantee Scheme will enable more Australians to access the housing market and secure their own place to call home. With the rising cost of living and ongoing housing affordability crisis, these changes are welcome news for many aspiring homeowners
Can I Buy Off-the-Plan With My Super?
Looking to buy a house and land package but don't have enough funds? You can use your superannuation to purchase a property through a Self-Managed Super Fund (SMSF). However, there are restrictions and risks involved in buying off-the-plan with your super, such as tax implications and market volatility. Seeking professional advice from a qualified mortgage broker, like Ello Lending, can help you make the right decisions and find the best home loan for your needs.
Can You Buy Off-the-Plan with SMSF?
Looking to invest in an off-the-plan property with your self-managed super fund (SMSF)? Learn about the rules and regulations that apply to SMSF investments for house and land package loans in Australia. At Ello Lending, our experienced team of mortgage brokers can help you navigate the complex process and get the best deal on your home loan. Contact us today to make your dream of owning an off-the-plan property a reality.
How to Avoid Stamp Duty When Buying a House in Victoria
To avoid the hefty cost of stamp duty when buying a house in Victoria, it's important to understand the different exemptions and concessions available, as well as other strategies to reduce the amount you have to pay. Ello Lending can help guide you through the process and find the best home loan for your needs. Contact us today to learn more.
Do You Pay Stamp Duty on House and Land Packages in Victoria?
Are you wondering if you need to pay stamp duty on house and land packages in Victoria? In this blog post, we’ll explain what stamp duty is, how it works in Victoria, and whether you need to pay it when buying a house and land package. Find out how much stamp duty you'll need to pay with the SRO calculator and learn about the concessions and exemptions available to help reduce your costs. At Ello Lending, our experienced mortgage brokers can help you find the right home loan and answer any questions you have about buying a property.
Do You Pay Stamp Duty on Off the Plan Property In Victoria?
If you're considering purchasing an off the plan property in Victoria, it's important to understand the associated costs, including stamp duty. Stamp duty is a tax imposed by the government on certain transactions, including the purchase of a property. In Victoria, the stamp duty rate for off the plan property is calculated based on the value of the land, building, and other improvements, as well as the type of property being purchased. It's essential to factor in all the associated costs, including stamp duty, legal fees, and conveyancing fees, to ensure that you're not caught out by any unexpected costs.
Who is Exempt from Paying Stamp Duty in Victoria?
If you're planning to buy a home in Victoria, you may be concerned about the cost of stamp duty. Fortunately, there are several exemptions available to certain types of buyers. First home buyers, people with disabilities, people moving to Victoria, and people buying a home to live in are all eligible for exemptions on stamp duty in Victoria. However, those who are buying a home for investment purposes are not exempt from stamp duty. At Ello Lending, we understand that buying a home can be overwhelming, and our experienced mortgage brokers can help guide you through the process and find the right home loan for your needs. Contact us today to learn more. If you want to know more about Off the Plan Purchase Finance, feel free to ask.
Buying a block of land and building later
Discover the financial benefits of buying a vacant block of land to build later. Learn about the differences between buying a developed block of land and buying off the plan or building a house from scratch. Explore the pros and cons of land finance and how it can help you get into the property market now.
Calculating The Capital Gains Tax For An Off the Plan Purchase
Calculating the capital gains tax for an off the plan purchase is a crucial step when buying a property, especially in Australia where the rates vary by state. Capital gains tax is calculated on the difference between the purchase price and the sale price of the property, and Ello Lending's experienced mortgage brokers can help you understand the implications of CGT for your off the plan purchase and find the best home loan for your needs.
How Much Is The Off the Plan Purchase Stamp Duty in NSW?
Discover the key factors that impact off the plan purchase stamp duty in NSW, including the property type, purchase price, location, contract date, and whether you are a first home buyer or investor. Learn how to budget accordingly and get the best home loan for your needs with the help of experienced mortgage brokers at Ello Lending. Contact us today to find out more.