Buying a home
Whether you're buying your first or subsequent home, this can be a daunting stage of life. With the endless property inspections, visits to the real estate agent and disappointments when you can't find the place you're looking for - it can be quite stressful as well.
It's hardly surprising, given that your home is usually the biggest investment of your working life. Accordingly, this is a critical time to ensure your finances are well under control.
If you're a first home buyer your financial planner can help you secure your deposit sooner with wealth management strategies If you're not satisfied with your existing mortgage, your financial planner can assist with debt management and help you find the right lender for you.
With the new ownership of such a large asset, it's also worth discussing income protection, life insurance and estate planning with your financial planner. Could you manage the monthly repayment if you became unexpectedly ill? Would your family be able to keep the house if you prematurely died? It's not the most appealing subject compared with colour choices and new kitchens, but it's a very important part of securing your financial future.