Velox Finance

01/02/2023

If you’re looking to make a home loan switch … ask these refinancing questions before you leap. 🐸

Velox Finance I Finance Australia

01/02/2023

🏘 Wondering what areas property investor experts have their eye on? 🏘 ⁣
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Property prices may be taking a hit in some parts of the country, but below are five areas that could offer opportunities for investors*. ⁣
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They are:⁣
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✅ Bundaberg, QLD - rental prices have increased by 40% in the last decade.⁣
✅ Toowoomba, QLD - vacancy rates are low, and it’s only 90 min from Brisbane. ⁣
✅ Rockhampton, QLD - rental pricing is strong, and housing prices are affordable. ⁣
✅ Albury-Wodonga, NSW and VIC - low vacancy rates, affordable houses and a boost in infrastructure.⁣
✅ Barossa Valley, SA - affordable property smack dab in a famous wine region. ⁣
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Not in your area? No dramas. Remember, you can invest outside of your city and even your state. 👇⁣
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To find out more, DM us or contact Velox Finance on:

☎ – 0403 334 673
💻 – [email protected]
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*according to InvestorKit⁣
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30/01/2023

🏠 Top 5 interior design trends set to take off in 2023 🏠⁣
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Whether you’re on the hunt for a fixer-upper, or you’re looking to spruce up to sell…⁣
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Consider trying these design trends* to modernise your home:⁣
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⭐ Dark and moody: think paint or wallpaper in rich, deep hues. And touches of gothic decor for drama and mood.⁣
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⭐ Natural touches: bring the outside in with plants, woven materials, and wood finishes. ⁣
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⭐ Sustainability: use locally sourced items, repurposed, upcycled goods, and eco-friendly materials. ⁣
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⭐ Eclectic and fun: say goodbye to ultra-sparse minimalism and hello to patterns and colour.⁣
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⭐ Texture: finish walls and ceilings with textured paintwork or plaster.⁣
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Need finance to help fund your reno plans? 👇⁣
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To find out more, DM us or contact Velox Finance on:

☎ – 0403 334 673
💻 – [email protected]
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* Vogue & The Spruce⁣
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25/01/2023

Makin’ boss career moves…. But could it affect your mortgage application? 🤔

Can a job switch affect your mortgage application? Changing jobs may offer more perks – higher income, greater fulfilment, and the opportunity for growth are often things people look for in a new gig. But could it also impact your mortgage application? January and February each year is typically p...

25/01/2023

⏳ When are interest rates tipped to plateau or drop again? 📉⁣
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With the RBA cash rate currently at 3.10%, here's what economists at the big 4 banks are predicting: 🤓⁣
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🟨 CommBank - one increase to 3.35% in early 2023. Dropping to 2.85% by December 2023.⁣
🛑 NAB - rising to 3.60% by May 2023. Dropping to 3.10% by March 2024.⁣
🟥 Westpac - rising to 3.85% by June 2023. Dropping to 3.35% by June 2024.⁣
🔵 ANZ - rising to 3.85% by May 2023. Dropping to 3.60% by November 2024.⁣
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Don't sit around and wait for the RBA to drop the cash rate though. 😉⁣
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If you'd like us to review your home loan rate in the meantime, get in touch today. 👇⁣
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To find out more, DM us or contact Velox Finance on:

☎ – 0403 334 673
💻 – [email protected]
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23/01/2023

🚗 Microchip demand for cars is set to be met in 2023 🚗⁣
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The last few years put a spanner in the works for hopefully new car buyers. 🔧⁣
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That's because a worldwide chip shortage saw low stock across most makes and models. ⁣
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But with new factories on track to meet demand*, 2023 could be the year for new car hunters. ⁣
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Want to get ready, fire up your finance engines, and find the right car loan? 🏁⁣
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Give us a call. 👇⁣
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To find out more, DM us or contact Velox Finance on:

☎️ – 0403 334 673
💻 – [email protected]
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*GoAuto⁣
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19/01/2023

Set up your 2023 reno for smooth sailing with these 4 tips. ⛵

Planning a reno in 2023? Here are 4 tips for smooth sailing Having a spruced-up home feels great. And it can also boost your home’s value. But, as exciting as the prospect of rolling up your sleeves and getting on with a reno can be, there are certainly pitfalls to avoid. New year, new you, […]

18/01/2023

🏡 Thinking of selling? Give your garden a makeover 🏡⁣
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Property prices might be on the decline in some parts of the country, but a beautiful backyard could boost your property’s value by 20% or more*.⁣
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Buyers typically covet outdoor features such as:⁣
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🌼 Well-manicured lawns.⁣
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🌼 Outdoor entertainment areas.⁣
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🌼 Easy-care gardens. ⁣
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🌼 Outdoor lighting. ⁣
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So fire up the mower and get the garden gloves on. 👨‍🌾⁣
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To find out more, DM us or contact Velox Finance on:

☎️ – 0403 334 673
💻 – [email protected]
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*according to 40% of real estate agents surveyed by Raine and Horne with Hort Innovation ⁣
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16/01/2023

😯 A few surprising reasons your home loan application may be rejected 😯⁣
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Believe it or not, these include:⁣
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☑️ Spending too little (or too much) - indulging in too many luxuries can get you a “no dice”. And unrealistic cuts can be a red flag too.⁣
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☑️ Credit cards - even with a zero balance, you’ll need to prove you have the money spare to repay your credit limit within 3 years. ⁣
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☑️ Buy now pay later - BNPL applications and missed payments can see your credit score dip.⁣
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☑️ Credit history - a few minor indiscretions can be cause for concern in the eyes of lenders. ⁣
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☑️ Type of income - Some lenders see self-employment as risky and may even reject on these grounds.⁣
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Trying to navigate mortgage applications on your own can be headache-inducing. 🤯⁣
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But getting reliable professional advice can lead you toward mortgage application success. 🙌⁣
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To find out more, DM us or contact Velox Finance on:

☎️ – 0403 334 673
💻 – [email protected]
⁣

11/01/2023

Finding the time to delve into your finances can be a struggle. But the school holidays can offer the perfect time, especially for teachers. 🧑‍🏫

Get a financial head start on the school year Finding the time to delve into your finances can be a struggle. But the school holidays can offer the perfect time, especially for teachers. Get cracking on your financial to-do list these holidays by looking into refinancing your mortgage. Planning on g...

11/01/2023

🦅 With first-home buyer numbers halved, is now a good time to swoop? 🦅⁣
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Recent ABS data shows that first-home buyers have almost halved from 2021 peak numbers. ⁣
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This could mean less competition for the house you want. 🏠⁣
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And more bargaining power in a softer market. 💪⁣
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Not to mention that fewer first-home buyers could mean more opportunities to nab a spot for government incentives. 🙌⁣
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So if you’re ready to buy, come and chat with us. We can help you find the right home loan for you. 🤜 🤛⁣
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To find out more, DM us or contact Velox Finance on:

☎️ – 0403 334 673
💻 – [email protected]
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09/01/2023

📈 Small to medium enterprise loan amounts are on the rise 📈⁣
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With SMEs expanding across Australia, lending to medium businesses has risen by 16%.*⁣
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And the average loan amount approved for SMEs has increased. 🤓⁣
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Do you have a small to medium business and are in need of a loan? 🤔⁣
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We’d love to help you find the right loan to suit your business needs. 👇⁣
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To find out more, DM us or contact Velox Finance on:

☎️ – 0403 334 673
💻 – [email protected]
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*Australian Banking Association ⁣
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