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Get the low down on services, property tips and great offers with Energise Home Loans Winter newsletter!



Welcome to Winter!!


Winter is here, although if you’re like us, you may be asking where the cold weather has been in Sydney until last week! We were loving the unseasonably warm weather and had been out and about taking advantage of it as much as possible on the weekends until our Winter woollies were dragged out of the wardrobe reluctantly last week!
 
We’ve had another busy few months, and we’re especially loving the fact that we have been able to arrange the lowest interest rates in decades for any of our customers that have refinanced lately. Please feel very welcome to get in touch if you’re not one of them so far, we’re very confident that we would be able to assist you with a better deal too.
 
We were also excited to announce the winner of our Dazzling Dubai competition in the beginning of May.
 
In this edition, read all about things to consider when buying a second property,  enjoy our indulgent Winter recipe, and learn about how to renovate on a budget, as explained by the renowned Bernadette Janson from The School of Renovating.  

We're also keen to remind you of our 'Energise Referral Program'. Check out the details below on how you can earn a $100 Eftpos card for every successful client loan that you send our way! 
 

Warm regards,
Brian and Rebecca Rusten



Top Tips For Renovating on a Budget    

image courtesy of freedigitalphotos.net

We are pleased to announce a recent partnership with The School of Renovating, and asked Bernadette Janson (Founder and Head Renovator!) for her top tips on renovating on a budget. Here's what she had to say: 

Renovating can be a very effective way of burning a hole in your pocket. My first tip to renovating on a budget is to prepare one, a budget, that is. Renovators often starting to make changes to their property adhoc without a plan or a budget resulting in duplication and unnecessary expense.

The best thing you can do to save money is be organized as you will be able to take advantage of economies of scale. Save by batching your orders and buying as much as you can from one supplier. Emailing your batched order to 5 or 6 suppliers will get you the best price and save you time as well. Buying well in advance allows you time to shop for specials and negotiate prices. Its hard to negotiate the price of, say a toilet. when you have got the plumber on site on an hourly rate waiting to install it.

It is important to differentiate between being on a budget and being cheap. Cheap doesn’t add value and in the long run can cost more. Next tip is to plan for standard sizes to avoid the expense of custom made items. This can apply to many things including doors, windows, shower screens, glass paneling, vanities, bathroom cabinets, wardrobes and window dressing.

Flatpack joinery can be your budget’s best friend. Ikea, Bunnings and several smaller suppliers sell good quality flat packs and if you decide to use them there a few things you should know. You need to get an experienced flatpack installer, not a general builder or carpenter. It takes patience to figure out how they go together and adjust the hardware if they are not doing it all the time. An installer will charge about $80 - $90 per unit to make up and install. You can reduce this by half by making up yourself and getting the installer to fit.

Make sure you remove the branding. Take care with Ikea kitchens because their cabinets are non standard sizes. Don’t buy your appliances from Ikea, they are over priced for what they are, you will do better by watching the sales.

In summing up, renovating on a budget doesn’t mean being cheap but it does require you to be highly organised, batch order, plan for standard sizes and take advantage of the enormous range of off-the-shelf products that are now available to renovators.



Chiang Mai Noodles 
 

Chiang mai noodles
  • 350g fresh egg (chow mein) noodles
  •  400ml can coconut milk
  •  2 teaspoons Thai red curry paste
  •  1/4 teaspoon turmeric
  •  500ml (2 cups) Campbell's Real Stock Chicken
  •  500g chicken breast fillets, sliced
  •  1 tablespoon brown sugar
  •  1 tablespoon fish sauce
  •  1/2 cup fresh basil leaves, plus extra to serveStep 1

Step 1
Cook noodles in a saucepan of boiling salted water for 2 minutes or until just cooked. Drain. Refresh under cold running water. Set aside.

Step 2
Meanwhile, heat 125ml (1/2 cup) of the coconut milk in a wok over high heat. Cook, stirring constantly, for 5 minutes or until the coconut milk splits and the oil separates. Add the curry paste and stir for 1-2 minutes or until aromatic. Add the turmeric and stir to combine.

Step 3
Add the stock and remaining coconut milk and simmer for 5 minutes or until reduced slightly. Add the chicken and simmer for 5 minutes or until cooked through. Stir in the sugar, fish sauce and basil leaves.

Step 4

Divide the cooked noodles among serving bowls. Ladle over the soup. Sprinkle with the extra basil leaves.

Image and recipe courtesy of taste.com.au
 



Things to Consider Before Buying a Second Property

Buying your own home remains the great Australian dream – and purchasing a second property may help you take your wealth further. Whether you’re building your property investment portfolio, buying a holiday house or supporting a family member, there are plenty of things to think about before you take that next step.

Consider your cashflow

Property tends to be a long-term investment, so do your sums to make sure you can afford the ongoing repayments on two mortgages. Also think about any major life changes on the horizon. For example, you may be planning to expand your family, or you might need to support a parent in the coming years.

Get to know the market and location

Research what’s happening in the current market and whether it’s the right time for you to buy. Get to know the area you’re considering by speaking to local residents and real estate agents. It’s also wise to look into the short and long-term planning for the area. For example, nearby construction may affect your ability to find a tenant.

Investigate before you invest

If you’re buying a property as an investment, carefully consider its location. Buying in a high-demand area is likely to see you enjoy a constant flow of income from the rent.

You’ll need to provide your lender with a rental estimate letter, which you can get from the agent managing the property. Keep in mind that generally lenders only take 50–80% of the rental income into account when calculating whether you can afford the loan.

Choose the right mortgage

The amount you can borrow and the type of loan you choose will depend on various factors, including the equity in your current home, your income and expenses, and your property valuation. It helps to get quality advice on the right mortgage for you, along with other considerations such as negative gearing, and how to structure your loan to maximise tax effectiveness.

Whatever your reason for considering a second property, being well-informed will ensure a smoother purchasing process and a financially secure future.


Should we 'Phone a Friend'?  

Do you know someone that would like to pay a lower interest rate on their home loan? (We figure that's a stupid question right?) If so, please feel welcome to put them in touch with us and we will gladly give them our best service! Plus, as a thank you for sending someone to us that you care about, we will send you a $100 Eftpos gift card.

You can learn more about our Energise Referral Program here.  



Words of Wisdom  

There are people who have money
and people who are rich.

Gabrielle Bonheur Chanel,
better known as Coco Chanel
(1883-1971, French fashion designer)



Brian Rusten
Mobile Finance Consultant
M: 0411 066 616

Rebecca Rusten
Business Development Manager
M: 0411 066 670

Welcome to Energise Home Loans. Our aim is simple - to provide everyone we touch with a stress free, fun filled property lending experience.


Our Services
Buying Your First Home
Buying Your Next Home
Refinancing / Debt Consolidation
Buying an Investment Property
Superannuation Fund Loans
Trust Loans
Business Finance
Personal and Car Loans
Referral Services


MFAA Approved Broker



Brian Rusten is a fully accredited member with the industry association, the Mortgage and Finance Association of Australia (MFAA), the peak body for the Australian mortgage industry.
All MFAA members belong to an independent dispute resolution scheme such as the Credit Ombudsman Service Limited.
Loan writing members are also required to become Accredited Mortgage Consultants (AMC). An AMC is covered by professional indemnity insurance, has passed probity checks, and has met education and experience requirements set out by the MFAA.
* Brian Rusten (Credit Representative No.
 M0019638, ABN 72132125636) is a representative of Mortgage Line Australia Pty Ltd (ACN 107284677 ("MLA"), Australian Credit Licence Number 386276).
 
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Our mailing address is:
PO Box 140, Belrose NSW 2085