ONE
Evaluate Reasons for Buying

Consider the reasons you’re moving and the features you’re looking for in your next home.

• You may need more space for a growing family or want to downsize to better suit your   lifestyle.
• Many people buy a new home to move closer to their family, job or great schools.
• If you’re happy with the location of your current home, you may like to consider   renovating your home as an alternative.
• Talk to our Advisors to discuss your various options depending upon your needs

TWO
Using the equity in your current home

Equity is the difference between the market value of your property and the amount you still owe on your home loan.

• If you’ve made extra mortgage repayments over the years or your property has    increased in value, you may be able to access the equity in your current home and use it   as a deposit for your next home.
• You can also use this property as security for the home loan on your next property.
• Ask us to evaluate your position.
• What if you don’t have equity we can explore options for you.

THREE
If you bought your first home a while ago, there may be additional costs that you haven’t considered,

• Selling costs or converting into investment property which entails additional landlord   insurance etc.
• These may include bridging finance, Stamp Duty, real estate agent’s fees and moving   costs.
• Understanding what it will cost to buy your next home will help you stay on top of your   finances every step of the way.

FOUR
Calculate your budget

Buying your next home should help you

• Achieve your financial goals, as well as give you the lifestyle benefits you’re looking for.
• Once you know how much equity you have in your current home and the costs involved   in buying a new home, use our calculators to work out how much you can borrow and   what your repayments will be.
• Please Contact our Advisors for more detailed information and they will help guide for the   best budget and optimised cash flow.