Mortgages
Property Investment
Investing in property is a smart way to build wealth and secure your financial future. At Plaxo Mortgages we specialise in helping clients like you navigate the unique challenges and opportunities of property investment.
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Key Considerations for Property Investors
Deposit Requirements:
Most investment property loans require a deposit of at least 30%, as the loan-to-value ratio (LVR) for these properties is typically capped at 70%.
Rental Income:
Potential rental income may be factored into your borrowing capacity, which can improve your ability to secure a loan.
Plan for Costs:
Account for maintenance, insurance, and potential vacancies in your budget.
Review Your Loan Regularly:
Optimising your loan terms can improve cash flow and reduce costs.
How Plaxo Mortgage Advisers Can Help
We're here to simplify the process and maximise your returns by providing:
Tailored Loan Structures:
We'll help find a mortgage solution that aligns with your investment goals.
Access to Specialist Lenders:
Access competitive rates and flexible terms through our network of lenders.
Rental Income Assessment:
We'll help assess how rental income may support your borrowing power.
Tax Strategy Guidance:
While we don't provide tax advice, we can refer you to experts who specialise in property investment.
Portfolio Expansion Advice:
Ready to grow your portfolio? We can guide you through each step.
Questions & Answers
01Can I use equity from my current home to buy an investment property?
Yes, leveraging the equity in your existing property can serve as part or all of your deposit, reducing the need for upfront cash.
02What is debt-to-income (DTI) ratio, and how does it affect my borrowing capacity?
The DTI ratio compares your total debt to your income. Rental income from the investment property can be included, improving your DTI and borrowing capacity.
03Are there any tax benefits to property investment?
You may be able to claim deductions for expenses like loan interest and maintenance. Consult a tax professional to explore these benefits.
04Should I opt for a fixed or floating interest rate?
Fixed rates provide stability, while floating rates offer flexibility. Many investors choose a mix to balance these benefits.
Start Your Journey
Ready to Invest?
Contact us today to explore how we can help you work towards your property investment goals.