Uno Homeloans founder Vincent Turner shares financial advice every first home buyer needs to know

Uno Homeloans founder Vincent Turner shares financial advice every first home buyer needs to know
Uno Homeloans founder Vincent Turner shares financial advice every first home buyer needs to know

Buying your first house doesn't need to be a daunting experience – and with the right guidance, you'll be equipped with the tools you need to create a sound financial plan.

Recently I had the opportunity to chat to Uno Homeloans' Vincent Turner about some of the financial considerations first home buyers should take into account. Vincent covered everything from loan pre-approval and boosting your borrowing power to mortgage maintenance as well as sharing some of his top financial tips.

Watch the interview:

00:22 - How do you decide when is the right time to buy a house?

01:31 - How to identify a good time in the property market cycle

02:24 - How can you boost your borrowing power?

05:40 - How much should you spend on a mortgage?

07:53 - What is an offset account and how does it work?

09:43 - What happens if you want to set up a business but you have a mortgage?

10:58 - What are the benefits of getting home loan pre-approval before beginning your property search?

12:46 - What are your top 5 financial tips for first home buyers?

More from Vincent Turner: Two key lender changes you need to know about before you get your loan

First home buyer guides

First Home Buyer Guide (24 simple steps)

How to navigate Australia's First Home Buyer Grants

20 things you should look out for before you buy property

Olivia Round

Olivia Round

Olivia Round is the Features Editor of urban.com.au. Olivia specialises in news reporting, in-depth editorial content and video + podcast interviews with industry experts.

Tags: 
First Home Buyer Guide Finance Home Loans Uno

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