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Sean Willett

Talk to Mortgage Choice at Oatley about how you could take advantage of the new 0.1% cash rate!

RBA cash rate sliced down from 0.25% to a tiny 0.1%
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PO Box 291 OATLEY, NSW 2223

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Shock news from the Reserve Bank! The cash rate has been sliced down from 0.25% to a tiny 0.1% as the economy continues to grapple with the impact of the coronavirus pandemic.

This is an all-time low cash rate, and the rate cut could mean that very soon Australian home owners could pocket valuable savings on loan repayments.

If you’re unsure how your lender has responded, waste no time getting in touch with your Mortgage Choice at Oatley to know the rate you’re paying – and whether you could do better in today’s ultra-competitive lending market.

Home owners still rushing to land a better deal
As home loan interest rates dip below 2.5%, Australians are embracing the opportunity to score a better deal on their home loan. 

In October, seven out of ten home valuations related to a refinance1, continued a hot trend supported by a variety of lender incentives including popular cashback deals.

Be sure to speak with your Mortgage Choice broker today to know if switching to a new loan or lender can help you save. It can help you get ahead financially in 2021!

10,000 new places added to First Home Loan Deposit Scheme
The 2020/21 Federal Budget saw an extra 10,000 places become available in the very popular First Home Loan Deposit Scheme2. Designed to help first home owners get into the market sooner, the Scheme makes it possible to buy with just 5% deposit without the need to pay lenders mortgage insurance. 

To date, 20,000 first home owners have benefited from the Scheme, and chances are the newly announced 10,000 extra spots will be snapped up fast!

Hurry in to your Mortgage Choice broker to know if you’re eligible for the Scheme – and what you can do to reserve your spot. While you’re there, your Mortgage Choice home loan expert can also explain the wealth of other grants and incentives available to first home owners in your area.

Over 11,000 Australians sign up for $25,000 HomeBuilder cash grant
In the space of just a few weeks, almost 11,400 Australians have taken advantage of the $25,000 HomeBuilder grant3. The vast majority of applicants (8,884) plan to use the $25,000 cash to build a new home, with the balance using the grant to fund a major renovation. 

With HomeBuilder set to end on 31 December 2020 – and no extension announced in the latest Federal Budget, it is critical that you speak with your Mortgage Choice broker for expert guidance on whether you could be in the running for this valuable $25,000 helping hand to create your dream home.  

Property market shines through pandemic
The resilience of Australia’s housing market has been nothing short of remarkable during COVID-19. CoreLogic says September marked a “striking turn in market sentiment”, with consumer confidence rising, an uptick in new listings, and rising values recorded across six of the eight capital cities.

Faced with tough lockdown restrictions, Melbourne recorded a 0.9% fall in values in September, while Sydney saw very little movement with a slight 0.3% decline in values. However, both cities are still ahead compared to a year ago, with a 12-month increase in home values of 7.7% in Sydney and 3.1% in Melbourne. 

Elsewhere, home owners saw an uptick in their biggest asset – ranging from a 1.6% monthly rise in Darwin values, followed by a 0.8% climb in Adelaide through to a welcome 0.2% rise in Perth property values for September. 

As we head towards the end of 2020, it’s time to plan ahead for the New Year. Your Mortgage Choice broker can explain how you can harness the power of record low rates, a  healthy home market, and a wealth of government support to build or renovate your ideal home.

Capital city values4

Brisbane $504,902, Sydney $859,943, Canberra $644,581, Melbourne $666,796, Hobart $489,059, Adelaide $449,803 &Perth $445,717 

1. https://www.corelogic.com.au/sites/default/files/2020-10/Early%20Market%20Indicators%20%28AU%29%20-%202020-10-11.pdf?utm_medium=email&utm_source=newsletter&utm_campaign=emi_aus_subscribers_20201012

2. https://ministers.treasury.gov.au/ministers/josh-frydenberg-2018/speeches/budget-speech-2020-21

3. https://ministers.treasury.gov.au/ministers/michael-sukkar-2019/media-releases/homebuilder-top-pops-highly-effective-immediate-and

4. https://www.corelogic.com.au/news/australian-housing-values-record-fourth-month-decline-down-04-august-trends-beginning-diverge Issued 1 Sept 2020

The right home loan for your needs

Our mission is to find the right home loan for your individual needs and to always have your best interests at heart. Plain and simple. Which is why we have such a wide range of lenders to choose from. We can search through hundreds of products to find something tailored to your situation. ~

Sean is an extremely friendly and approachable broker, who goes out of his way to assist clients. Has indepth product knowledge and a willingness to make appointments with clients at relatively short notice. Thank You Sean.

Marc & Yuliana, Penshurst, NSW
- Upgrader

Sean Willett listened well to what I wanted, the questions and concerns I had. He called when he said he would and was always able to help me if something came up. I had met with a broker from another company before speaking with Sean and he didn't even call me back after our initial discussion. I would (and have) recommend Sean and his team to anyone. The whole process and experience was handled professionally and I felt completely supported and informed.

Jackie, Mount Warren Park, QLD
- First Home Buyer

Initial advice + info received everything explained so clearly we knew absolutley nothing about the housing market and the requirements needed to purchase a property, after meeting with Sean everything was explained to us in language that we could understand, we left extremely happy with the service. Sean was always available when we needed advice as well.

Grant and Renee, Engadine, NSW
- First Home Buyer

Sean is knowledgeable on the products available in the market, with a clear committment to providing the right solution for our needs. Always approachable, and demonstrating a consistantly professional standard, I'd have no hesitation in recommending Sean to friends and family who were looking for a broker.

Generally, I'm a believer in there always being room for improvement. With Sean and the Mortagage Choice team, that isn't the case, and I can't think of any way the service offered could be improved. I wish I could, but I honestly can't. Shubha demonstrated the highest levels of communication throughout the process, and did everything she said she would, at the time she said. Such a committment to service is an increasingly rare commodity, and Shubha shone throughout. Highly recommended.

Peter & Debbie, Panania, NSW
- Refinancer

Mortgage Choice Oatley are easy to contact and always happy to chat. They provide a personal and professional service with regular updates on application/position. They look at all options available for the current circumstance.

I have dealt with Sean Willett over the past five years and three property purchases. Claire assisted most recently and is very personable. My situation and requests are of high interest and a suitable product has always been found. My financial position and life have improved as now I can afford the 'one days'. Highly recommended.

Grace, Mortdale, NSW
- Property Investor

Friendly and good communication.

Explained all the technical aspects in layman's terms, helped us to understand the different types of loans and add-ons such as offset accounts and fees.

Ayana & William, Alexandria, NSW
- First Home Buyer

Always very professional and prompt in getting back to us.

Amy & Brendan, Miranda, NSW
- First Home Buyer

Sean was very proactive & extremely helpful throughout the Mortgage application process. He responded in a timely manner to all my questions & concerns, & kept me in the loop throughout varying stages from application to completion of the mortgage of the applied lender.

Louie, Peakhurst, NSW
- Property Investor

We were very happy with both Sean and Claire's professional service that they provided. No matter what time of the day, or day of the week it was, they were always available to answer any questions we had.

Jess & Mitch, Miranda, NSW
- First Home Buyer

The main thing that impressed and differentiated you from other mortgage brokers we have used in the past was the status updates during the loan application process after we'd signed the contract. Our previous experience was that we needed to chase the broker. This by far exceeded our expectation and helped a lot.

Also, having Sean kick off our approval process with meeting on Sat afternoon at short notice was above and beyond expectations. You have now set yourselves a high bar!

Mike & Renaye, Sydney, NSW
- First Home Buyer

Our property search took over 2 years but Sean was always available to answer our questions and provided us with very detailed and accurate answers.

Michael & Delia, Sydney, NSW
- First Home Buyer

Property investor guide

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