It goes without saying that 2020 changed our world and COVID-19 has impacted the way we work, socialise and live. Recent statistics highlighted that most of us have spent more time at home in the last six months of 2020, than in the past six years. It makes sense that you may be looking at your home in a new light, noticing things that need attention and maybe wanting to make some changes for the better. Whether you need more space for your new home office or to grow your family, add more living and entertaining space, or finally create the home you always dreamed of, there’s never been a better time to think about home renovation.
With interest rates at record lows, refinancing your home loan may be a way to free up some cash and pay for that renovation you have been dreaming of. Our experience and expertise in lending to healthcare professionals means that we understand the unique aspects of your profession, better than most financial services providers and can tailor solutions to best suit your needs. Not only can we help you with refinancing your home loan to get your home renovation on the way, but we also have a step-by-step renovation guide in place to help you start the process.
Guide to home renovation
Our guide to home renovation contains detailed information and checklists to help you navigate the renovation process, provide home renovation ideas, understand your financing options and give you the confidence to make informed decisions.
The renovation guide includes:
Planning your renovation
Renovation timeline plan
Choosing the best contruction materials for your climate
Factors to consider when renovating
Understanding what you can afford
Budgeting for your renovation and budget check list
Financing your renovation and loan checklist
Refinancing your home loan to pay for the renovation
Renovation checklist and other useful resources
How to get the best return on your investment
Before you start, it pays to understand how much your dream renovation will cost. While the general rule of thumb is that the perceived value of a room or home is three times the actual renovation cost, there’s no set formula or guarantees when it comes to getting a good return on your renovation – and not every renovation project is a good idea.
The information contained in this webpage is general in nature and has been provided in good faith, without taking into account your personal circumstances. While all reasonable care has been taken to ensure that the information is accurate and opinions fair and reasonable, no warranties in this regard are provided.