Why Winter is a Good Time to Buy Property

Winter might seem like the time of year when everything starts to grind to a halt, but could it be just the right moment to speak to us about your finances? If you play your cards right, you may find that winter is the ideal time to enter the property market, providing of course you’ve got all your finances in order.
 
If you’re confident that you’ll be approved for a mortgage and secure the best home loan interest rates, these are just some of the reasons why this could be the ideal season to strike.
 

Home loan rates are favourable

The Reserve Bank of Australia (RBA) lowered the official cash rate earlier this month, meaning buyers can access low interest loans and potentially get themselves a good deal on their new home.
 
The majority of lenders passed on some form of rate cut to customers, so if you act fast, there’s an opportunity to find yourself an affordable product. The RBA meets every month and there’s no guarantee the rate will continue to stay down, so making your move this winter could be wise.
 

More new homes are emerging

Construction work doesn’t stop just because it’s winter – in fact, builders up and down the country are putting up homes as we speak!
 
So, if you can imagine yourself living in a new-build property that you can really make your mark on from day one, winter is as good a time as any to start looking.
 

Property listings are rising

Speaking of homes coming onto the market, SQM Research has revealed that national property listings have improved slightly over the past year.
 
If you want your pick from quality properties, then what are you waiting for? Some people might think that nobody moves in winter, but this simply isn’t the case. Once we help get your loan the green light then it’s the ideal moment to see exactly what the market has to offer.
Call Now Button