Insurers are expected to increase premiums as part of efforts to claw back more than $3 billion in payouts from a string of natural disasters in the past two years.
Home and business owners in Queensland’s flood zones are set to feel the brunt of rises as big insurers become more discriminatory with their pricing.
The Commonwealth Bank is attempting to win back customers by scrapping fees across a range of mortgage and savings accounts after being stung by criticism of its interest rate rise last November.
Tenancy agreements do not automatically end during natural disaster.
Renters left homeless during the Queensland floods are legally obliged to keep paying rent on their flooded home until they “officially” end their agreement.
According to the Rental Tenancy Authority of Queensland, a tenancy agreement does not automatically end during a natural disaster, even if the property has been totally destroyed.
Imagine being able to use your rental history as evidence of genuine savings when trying to get a home loan…
Well, now you can.
Mortgage broker Loan Market has been lobbying the banks to allow people applying for a home loan to use rental payments as evidence of savings and it has been answered by one of the nation’s major lenders. Continue reading Rent to own: major bank says Yes→
Buyers are embracing the state government’s property concessions.
More than $19 million in stamp duty concessions has been handed out to buyers of land and new houses and apartments since the state government introduced incentives to spur building activity. Continue reading Buying new off the plan→
The New Year is a chance at a fresh start for everyone and a time where most Australians declare the one thing they’d like to resolve over the course of the coming 12 months.
A loophole allowing landlords to list tenants on ”bad tenant databases” for any reason is to be closed in the coming shake-up of home rental reforms which landlords say will do little to improve their position.
Insurers are expected to increase premiums as part of efforts to claw back more than $3 billion in payouts from a string of natural disasters in the past two years.
