When talking about property, Equity refers to the amount of the property value that is owned by the home-owner. When purchasing property, equity is initially dependent on how much of your own cash you use and is then over time is affected by changes in the property value.
A guarantor home loan is a potential strategy for new home buyers (not just first homeowners) which reduces the upfront financial strain of purchasing property and can reduce the monthly repayments of borrowers.
Income protection insurance can help provide a cash flow when you’re unable to work because of illness or injury. It can feel like having a safety net designed to protect the lifestyle you and your family work hard to create.