Liberty urges borrowers to consider investing in buying a home for 2022
MELBOURNE, AUSTRALIA, February 20, 2022 /24-7PressRelease/ — For hopeful homebuyers feeling the pressure, choosing to buy as an investment rather than an owner-occupier could be the winning strategy.
Leading Australian non-bank lender Liberty reminds borrowers that they don’t necessarily need to buy a first property to live there.
Heidi Armstrong, head of consumer advocacy at Liberty, says there are still options in today’s hot and competitive marketplace.
“Rental investment and teaming up with friends and family to buy are just a few strategies homebuyers can consider in the current climate.
“And even if you’re self-employed or have a low deposit, a free-thinking lender like Liberty can help you find a way to get your home loan pre-approved, easing the pressure of finding a House.” Rather than delaying plans or feeling the need to save for a forever home, buying a cheaper property as an investment could help borrowers get on the property ladder. They can then begin to build equity, generate income from the investment and take advantage of any potential tax advantages.
There are risks to investing, however, so home loan borrowers are encouraged to seek expert help to assess whether this is the right option.
The choice between buying a first home to live in or investing in will depend on your unique personal situation, where you want to live and your financial goals.
With in-depth knowledge of a range of lenders and products, a mortgage broker, such as a Liberty advisor, can help borrowers navigate the application process.
A Liberty advisor will also be aware of any home loan subsidies you may be eligible for.
Approved candidates only. Lending criteria apply. Taxes and fees are payable. Liberty Financial Pty Ltd ACN 077 248 983 and Secure Funding Pty Ltd ABN 25 081 982 872 Australian Credit License 388133, as well as trading as Liberty Financial.
Group Leader – Consumer Communications
Phone. : +61 3 8635 8888
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