Back in January of this year, Jen and Felix came to us with a dream of purchasing their first home together. They had worked hard to build up savings for the deposit but were unsure of what their price range was and what bank would be the best option for them.

We kicked things off with our signature approach; a thorough discussion of their situation, goals and answering all their questions regarding interest rates and the types of different loans available. After closely evaluating their finances, we presented them with various home purchase scenarios that showcased different repayment plans, required deposits and how the recommended bank best met their requirements and objectives. After agreeing on a strategy moving forward, we received pre-approval from the bank which provided them with confidence to start making offers on properties.

Jen and Felix spent the next few months getting a feel of the market and developing an understanding of the type of property they were looking for. We provided support during this stage by refreshing their pre-approval with the bank and recommending a Conveyancer to help look over contracts of sale.

By July, they had found a property they loved and put in an offer which was accepted! We immediately updated the purchase scenario with the bank to match the new purchase price and received formal approval two days later.

Over the next month, we worked closely with Jen, Felix, their Conveyancer and the bank to complete all requirements to progress the purchase through to settlement which occurred early in September, with the keys being formally handed over!

Congratulations again Jen and Felix! Being able to guide first home buyers through the often stressful and significant milestone of purchasing a first home is one of the main highlights of our days. We hope you both settle in nicely to your new bayside paradise and we can’t wait to support you with your future financial plans!