Buying

How to use redraw

How to use redraw

Redraw has been growing in popularity for Australians since the 1990s, according to the ABS. An Australian Social Trends 2014 report prepared by the ABS has found the increased use of home equity loans, redraw and offset accounts have allowed households to build mortgage buffers, “enhancing their ability to cope with income shocks”.

Researching for your next property

Researching for your next property

What’s the most important thing you need to do before buying your next property? Research of course. Robin Lim, Head of Mortgages Product Management at National Australia Bank says “the most important thing to do when you are looking to purchase a new property is to prepare.”