Using equity to increase the value of your property? Focus on these things

Vincent Turner

Not all upgrades to your home will add value, some will add more than others. Consider this if using your equity to improve your home

Transcript

So if you're thinking about investing to improve the value of your property, there are some things that you probably want to knock off first. The main things that tend to improve the value of properties are things like painting, outdoor settings, adding an extra room, and remodeling a kitchen. These things that are massively, visually appealing, but also actually include the utility of the home will potentially increase the amount of rent you're going to get for it, and the kind of ticket items that you want to be thinking about first if taking some of your cash out of equity to use to improve the value of your home.

Learn more about using equity to build value in your property

If you want to better understand how to use your equity to build value in your property or anything home loan related then the UNO Customer Care team can help, book in a time to chat using the booking tool below Book a call with UNO

Start Online Application

Ready to Purchase or Refinance right now, then start online using the links below

Online Application for Purchase

https://app.unohomeloans.com.au/new-loan

Online Application for Refinance

https://app.unohomeloans.com.a u/addressBook a call in with UNO

5 stars for our service reviews from clients

Book Call Now

Vincent Turner

Try Plans, by UNO

Mortgage calculators completely reimagined

Get Started

Considering a purchase or refinance?

Try Plans by UNO

Mortgage calculators completely reimagined

Get Started

☎️ 🚫 No cold call promise

Navigating the Nuances of LVR and LMI: A Homebuyer's Strategy Guide

Decoding the complexities of mortgage and property purchasing, Loan to Value Ratio (LVR) and Lenders Mortgage Insurance (LMI) are two pivotal elements. Obtaining a grasp on both can significantly affect the price of borrowing, opportunities for savings, and property acquisition choices. This article will dissect the intricacies of LVR and LMI, providing a deeper look at these concepts beyond their standard definitions.

Why a home loan with an offset doesnt always make sense

Learn all about mortgage offsets in this episode. Discover what offsets are, how they work, and when to consider getting one. Find out why offsets may not be suitable for everyone and how they can actually slow down loan repayment. Get tips on using offsets effectively, including combining them with interest-free credit cards. Whether you're a homeowner or looking to get a mortgage, this episode will help you make informed decisions. Tune in to Uno Broker for expert advice on offsets and mortgages.

6 tactics to help you to pay your home loan off 6 year faster that you can actually do

Learn how to pay off your mortgage faster by making an extra $300 monthly repayment. Automating the process and aligning your pay cycle with your mortgage cycle can make it easier. Other strategies include asking for a pay rise, doing extra work like driving for Uber, consolidating debt, delaying major purchases, cost-effective spending patterns, cooking at home, reducing meat and seafood consumption, cutting back on pub visits, and buying secondhand items. By implementing these hacks, you can save up to $150,000 in interest and shorten your mortgage by six years.

TESTIMONIALS

What our customers are saying

Mark

January 10, 2025

We were recently approved for finance with Scott Wilkinson at UNO Home Loams. Scott was friendly and professional the whole way through the process and obtained the finance for us when many others had said they wouldn’t be able to. Thanks to Scott we were able to get everything done and settled in quite a short amount of time considering the complexity of the deal. We knew where we stood the whole way and no details were hidden or forgotten . Thanks Scott you are highly recommended by myself and my Wife.

Lise Ioane

December 30, 2024

Paul Davey and the team were amazing! As Kiwi's who have moved to Australia I wanted to use someone back home or who had experience with helping FHB in Australia. Paul answered all of our questions in a timely manner and helped us to secure the home loan and move into our new home. We had a few meetings with Paul and he did all the the work so us, we just filled in the required paperwork and he and the team did the rest. We dealt with Dalby for the last part of the process and he was also amazing! Highly recommend Paul and the team! Thanks Paul, Dalby and the team and UNO Home Loans.

Neil Venkataramiah

December 20, 2024

Mike Parsons: Working with Mike was amazing. My wife and I were a couple from Sydney that had a 7 year stint overseas. On moving back, our loan had gone from Interest Only to Principal and Interest. The challenge: to get 2 recently re-patriated Aussies on an Interest Only loan. With only 1 year of Oz financials. And with income from an overseas company. We had equity in our property, but the ability to service was the issue. A very tough brief. Step in Mike. He contacted all his lenders, knowing that this was a unique situation. He never let up and followed through with calls and whatsapps at every stage of the process. We simply could not have got our Interest Only loan if it wasn’t for Mike. I highly recommend Mike for any loan or re-finance that you’re looking at. His attention to detail and ability to find creative solutions is second to none. And most importantly - he's a good guy that will guide you through the whole process in what can be a stressful time. Steph and Neil

Philip Smith

December 20, 2024

Mike Parsons provided my wife and I outstanding service for our home loan. I have never dealt with someone who is so helpful and goes the extra mile and provides such excellent service the way Mike did. Highly recommend Mike as your broker for all investment/home loans you won’t be disappointed.

Gemma Smith

December 19, 2024

Mike Parsons was truly amazing when he organized our home loan. He offered service that far exceeded my expectations. He was on top of everything and was very organised. He has a true “do it now” attitude and ensured everything ran smoothly. He went above and beyond to make sure everything was in place. He was always contactable (even when he was on holidays!). Keeping us up to date at every step and his communication was great! Would VERY HIGHLY RECOMMEND Mike!

Stéphane Aumont

December 19, 2024

Highly recommend Mike - great service, very responsive and helped us through the whole process from product selection, approval all the way to settlement. Mike is supported by a great team at UNO

David Thorn

December 17, 2024

I had a fantastic experience with UNO Home Loans. I want to personally recognise the work of Mike Parsons from UNO. Mike went above and beyond in helping me navigate and select a lender his attention to detail, knowledge of the Market, Excellent Communication skills matched by a patient and friendly personality made the whole process simple and painless. Thanks Mike and thanks UNO

Sean O'Neill

November 14, 2024

We received excellent service and a tailored solution to our home loan requirements from Uno. Paul kept us informed at all milestone stages and throughout the process he demonstrated a ‘can do’ attitude that ultimately allowed us to get over the line and meet our deadline. We’re most grateful and very impressed. Highly recommend

Kathryn Cretney

November 14, 2024

Paul helped us from day one before we even arrived in Australia so we knew exactly what we needed to prepare. He’s got a tonne of knowledge and was really lovely and supportive to deal with. Helpful and easy going. Would highly recommend - now in our first Aussie home and Paul made the process all very easy!

Crush Huston

November 8, 2024

Paul is an amazing broker. Communicative, responsive and knows his stuff! Highly recommend

Amanda Pearce

November 7, 2024

After just four months in Australia, our New Zealand home sold, prompting us to stop renting and invest locally. We found Paul through a Kiwi Facebook group, and his exceptional service exceeded our expectations. From initial contact, Paul provided clear explanations, friendly communication, and prompt responses to our queries, making our mortgage process remarkably smooth. We highly recommend him.

Dom Saric

November 3, 2024

Mike Parsons went above and beyond to ensure that our refinancing journey was painless and successful. He was communicative, accessible (even working while on holidays!), and his knowledge of the systems at play meant that he picked up on things that other brokers missed. Would 100% recommend Mike, and will definitely be back next time we need a broker.

Using equity to increase the value of your property? Focus on these things

Transcript

Learn more about using equity to build value in your property

Further reading about home loan and property topics

Guide to buying your first home

Guide to buying your next home

Guide on buying an investment property

Start Online Application

Online Application for Purchase

Online Application for Refinance

Vincent Turner

Try Plans by UNO

Related Articles

Navigating the Nuances of LVR and LMI: A Homebuyer's Strategy Guide

Why a home loan with an offset doesnt always make sense

6 tactics to help you to pay your home loan off 6 year faster that you can actually do

What our customers are saying