08 Jul 2016

How to Upsize and Still Keep Your Old Home

How to Upsize and Still Keep Your Old Home

There are many good reasons to move into a bigger home. Maybe your family is growing, or maybe you just received a sizeable pay rise.

Whatever the reason, it’s important to take a look at your options and consider what’s best for your future (and your family’s). It might seem like your options are limited if you’re still paying off your current home loan, but that isn’t the case.

If you could turn your old place into an investment property (AKA: lifelong asset) while ALSO moving into a bigger and better spot, why wouldn’t you? Plenty of homeowners wish to do exactly that at some point, so we designed home loans to help them.

If that sounds good to you, why not check out our:

Property investment loans

These loans are designed for investment property buyers. If you’re thinking of upsizing your home and keeping your old one as an asset, you’d technically be turning the old home into an investment property. Refinancing to one of these loans would be a great place to start.

Years of experience in the property market has taught us that flexibility is of vital importance to the average homeowner, so we make sure to keep all of our products as flexible as possible to give you the freedom to change things up whenever you need.

And as for affordability: We offer some of the lowest rates in the market. Regardless of the size of your deposit or the conditions of your current loan, we’d be happy to listen to all of your concerns to find the very best package for you.

Click here to read more about our property investment loans.

Second home buyer loans

As the name suggests, these loans are perfectly catered to people buying a second home. If you’re upsizing to a new place and need a second mortgage, these are for you.

With a range of flexible home loan products to suit every need, a Mortgage House home loan offers each customer the best solution whether you are looking to upgrade, downsize or change scenery. All you need to do is start packing.

Click here to read more about our second home buyer loans.

Mortgage House

At Mortgage House, we’re no strangers to the homeowner’s journey. It’s a long (but rewarding) one.

But don’t worry, we can help with that.

If you’re thinking of buying a second home, you can contact us for advice about the best options for you when it comes to your mortgage. The cost of your mortgage can drastically affect your financial planning, so it pays to speak to the experts about it.

Click here to speak to us!

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