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Speaker 1: Welcome back to Sugar Mamma's Fireplay and even better, to

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Speaker 1: another empowering episode of our mini series Ask Adam, where

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Speaker 1: I get to sit down with my trusted mortgage broker

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Speaker 1: and lending expert, Adam McKay from Blue Lantern. Today, I'm

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Speaker 1: going to ask Adam about a question that I get

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Speaker 1: asked all the time for my community, and that is,

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Speaker 1: how do I know if it is time to upgrade

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Speaker 1: our home? So, whether you're feeling cramped, or you're dreaming

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Speaker 1: of a lifestyle change, or you're just questioning your current

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Speaker 1: home and if it actually still suits your need, this

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Speaker 1: is the perfect episode that will help you recognize the

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Speaker 1: signs that it might be time to move, but even

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Speaker 1: better and more importantly, give you that practical financial steps

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Speaker 1: and instructions to explore what is actually truly possible right now.

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Speaker 1: So if the idea of upgrading your home is on

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Speaker 1: your radar or even just a little bit curious, this

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Speaker 1: is the perfect episode for you.

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Speaker 2: Good morning, Adam, how are you?

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Speaker 1: I'm well, Thank you. I've got lots of questions to

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Speaker 1: ask you about what's going on in the mortgage market

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Speaker 1: and the property market, but today I really want to

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Speaker 1: focus on that stage of our lives that we all

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Speaker 1: go through, just with the natural evolution of life, where

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Speaker 1: we think, you know what, we need more space, we

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Speaker 1: need to move into a bigger home, or we've paid

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Speaker 1: off a large amount of the mortgage and the properties

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Speaker 1: our homes got up in value. Perhaps we use this

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Speaker 1: as a great opportunity to upgrade to a bigger home

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Speaker 1: or a different area. So I want to talk about

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Speaker 1: like those signs, but then what we need to do

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Speaker 1: from a practical point of view, so that we, you know,

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Speaker 1: are very methodical, We're very wise. We don't have any regrets,

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Speaker 1: and we don't sort of get ahead of ourselves and

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Speaker 1: realize that we're not actually we don't have our ducks

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Speaker 1: lined up correctly. So I guess it's really about making

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Speaker 1: great decisions and being prepared and organized so that you know,

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Speaker 1: the mortgage process is smooth, easy, and we understand what

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Speaker 1: we can do and what we can't do. Yeah, are

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Speaker 1: you happy with that?

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Speaker 3: Yes? Look, it's a difficult It can be a difficult

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Speaker 3: process upgrading. You need a few things to go your way,

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Speaker 3: selling and buying at the right times and matching up

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Speaker 3: those those dates.

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Speaker 1: That's flying part, I know, because I've gone through this

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Speaker 1: many times with you being my mortgage broker. We have

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Speaker 1: we could gosh, we have some stories to share, but

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Speaker 1: we'll save that for another time. So that means I

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Speaker 1: am extremely confident that you know exactly how to break

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Speaker 1: this down because you and I've gone through this so

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Speaker 1: many times. Let's go start with I guess the signs

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Speaker 1: that someone might be ready to upgrade their home, like

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Speaker 1: what are the typical phone calls that you get from

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Speaker 1: your clients saying I'd break it.

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Speaker 3: Into categories because for mine, there's two. So there's the

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Speaker 3: financial category, so cash flow, you've got the ability for

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Speaker 3: a larger to afford a larger mortgage. And the more

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Speaker 3: emotional side, so growing family, moving for an area that's

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Speaker 3: going to have you know that the schools that you're

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Speaker 3: looking at, put your kids into more space, a pool,

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Speaker 3: all those types of things. So there's the emotional side

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Speaker 3: and the or family decisions and financial.

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Speaker 1: Do you ever come across, particularly in an economic environment

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Speaker 1: like this, where people are like, you know what, we've

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Speaker 1: paid off so much of the mortgage. You know, we're comfortable.

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Speaker 1: We just feel like we want to stretch ourselves a

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Speaker 1: bit more. And that's like it's not emotional, it's more

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Speaker 1: financially driven. Or they see that they've you know, perhaps

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Speaker 1: capitalized on this property. It's not that they're currently living in.

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Speaker 1: They're not going to necessarily see much more growth in

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Speaker 1: that and they want to maybe move into something else

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Speaker 1: and maybe renovate it and maybe flip it like they

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Speaker 1: did previously. Do you see much of that?

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Speaker 3: We do? And they're interesting conversations because the alternative is stay,

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Speaker 3: be mortgage.

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Speaker 1: Free, which sounds really smart.

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Speaker 3: Sounds amazing. You know, then instead you could do some investing,

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Speaker 3: which is great when you've got no mortgage, or when

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Speaker 3: you do have a mortgage.

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Speaker 1: But which is debt recycling, recycling.

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Speaker 3: But yes, and the conversations are around you know, how

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Speaker 3: much will impact their lifest if they're upgrading and they've

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Speaker 3: got no mortgage at the moment. But at the end

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Speaker 3: of the day, if it's a family decision that's necessary.

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Speaker 1: Then go for So how do you then work out

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Speaker 1: whether it's an ego driven pool like a bigger home,

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Speaker 1: a better suburb, you know, a better opportunity, or it's

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Speaker 1: like actually financially sound like, actually this is the right

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Speaker 1: move for our goals. Is how would you talk a

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Speaker 1: client through that decision process.

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Speaker 3: Yeah, it's tricky. I mean that when you're upgrading, if

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Speaker 3: you think about a lifespan of a mortgage, ideally you

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Speaker 3: want to be twenty to twenty five years if you

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Speaker 3: can up to thirty, So taking out another mortgage after

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Speaker 3: paying so much of one off is a big.

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Speaker 1: Decision, particularly like if you're in your fifties, because that

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Speaker 1: would mean.

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Speaker 3: Correct then you're looking at what's retiring.

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Speaker 1: Five and still a mortgage.

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Speaker 3: Yeah, what's the retirement looks like. But obviously if you're upgrading,

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Speaker 3: then you know at the same time, when you get

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Speaker 3: to retirement, then there's the option of downgrading, which a

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Speaker 3: lot of a lot of people do. You don't want

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Speaker 3: to be left with a massive house. It takes a

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Speaker 3: lot to up maintenance and that's course. So look, there's

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Speaker 3: there's the option to downgrade again as well. But I

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Speaker 3: think you just want to be making sensible decisions that

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Speaker 3: while you're upgrading that you still have you're not putting

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Speaker 3: too much of your cash flow into the mortgage just

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Speaker 3: to upgrade.

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Speaker 1: And that's because of become a slave.

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Speaker 3: Yeah. Look, and as kids get older, you know, education

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Speaker 3: costs couldn't go up. You know, you've got to replace cars,

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Speaker 3: you want to do a family holidays, So upgrading is okay.

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Speaker 3: But as long as you still can maintain that lifestyle

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Speaker 3: that you're looking for for your family, Yeah, I.

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Speaker 1: Think that's such wise advice. Thank you. So for people

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Speaker 1: who already own a home, say for example, a family,

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Speaker 1: maybe they're living in an apartment and they are like, right, okay,

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Speaker 1: we've got another baby on the way. We really look

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Speaker 1: at getting and moving into a bigger place. But it

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Speaker 1: will be a bigger apartment, a townhouse or even a house.

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Speaker 1: What is the very first step that they should do

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Speaker 1: when they're thinking about upgrading? Is it jumping online and

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Speaker 1: looking at property or is it giving you a call

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Speaker 1: or a mortgage broker a call, or the banker call?

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Speaker 1: Like what comes first?

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Speaker 3: I would say, yeah, contacting us, your bank, you're broker.

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Speaker 3: Because if you go and spend all this time and

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Speaker 3: energy into looking at upgrading and it's not achievable through

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Speaker 3: loan approvals or the valuation on your property, to waste.

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Speaker 3: So start the process speaking to real estate agents as well,

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Speaker 3: to understand what the market looks like in your current area,

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Speaker 3: when you could sell for and how long it would

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Speaker 3: take to sell.

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Speaker 1: So going back for a second to you know, speaking

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Speaker 1: for example, to you, you know, you would obviously have

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Speaker 1: that conversation about Okay, this is potentially how much money

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Speaker 1: you could borrow, and this is what your mortgage repayments

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Speaker 1: would look like. So you can then go, okay, all right,

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Speaker 1: I'm comfortable with that size loan and yes, I've checked

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Speaker 1: our budget. We can definitely service a mortgage of that

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Speaker 1: size with still allowing holidays and potential school fees and

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Speaker 1: you know, other sort of costs of life without compromising

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Speaker 1: a quality of life. And then with that boundary of

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Speaker 1: going right, we've got a budget of this much money

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Speaker 1: to go and upgrade our home. That's when you have

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Speaker 1: the conversation then with the agent about what you can

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Speaker 1: buy but also about what you could sell for.

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Speaker 3: Is that right? Well? Yeah, As we mentioned earlier, it's

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Speaker 3: a tricky process getting the timing right of buying and selling.

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Speaker 3: You know, bridging finance is an option, but it's an

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Speaker 3: expensive one. So what a lot of clients of mine

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Speaker 3: do that I see is you buy a property with

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Speaker 3: an extended settlement period, which then allows them to put

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Speaker 3: their current property on the market and try and line

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Speaker 3: that up so we start the process, understand what your

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Speaker 3: living expenses are, what you can afford, obtain a pre approval.

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Speaker 3: We can also help with the valuation side of your

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Speaker 3: existing property and just understanding sort of the market or

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Speaker 3: comparable sales in that area. Get your pre approval, and

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Speaker 3: then speak to a realistic agent because you need They're

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Speaker 3: really key of helping you get the comfort and confidence

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Speaker 3: that you can sell within a certain period. The last

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Speaker 3: thing you want is buying. Have that commitment, and then

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Speaker 3: you can't.

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Speaker 1: Sell or have to sell for a lot less.

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Speaker 2: A lesson you like, yeah, under pressure, I guess strategically

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Speaker 2: juggling that buying over here and selling over here.

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Speaker 1: Do you recommend to your clients having a safe buffer,

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Speaker 1: you know, a worst case scenario you sell for this,

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Speaker 1: your mortgage will therefore your new mortgage that is obviously

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Speaker 1: will therefore be this Like, how do you do it carefully?

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Speaker 1: Because I've done it before, you know, we bought before

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Speaker 1: we've sold. It's terrifying.

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Speaker 3: I like to have because if I'm giving the advice,

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Speaker 3: I want to be sure that that I'm getting it right.

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Speaker 3: And I've got a backup option as well as well.

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Speaker 3: So that's why I look at bridging finance simultaneously with

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Speaker 3: also just a normal prey approval. We want to make

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Speaker 3: sure that you can do both and if not, give

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Speaker 3: the advice that it's not so perhaps that there means

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Speaker 3: you need to sell first. But we're always looking at

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Speaker 3: you know, sensitivity in regards to the sale price. Yeah,

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Speaker 3: and having a buffer five ten percent ideally five that's

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Speaker 3: good to know.

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Speaker 1: Can you just for the listeners just quickly explain how

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Speaker 1: bridging finance is a safety net, expensive one. It's expensive one,

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Speaker 1: but it does where people are in situations where they

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Speaker 1: can't sell immediately. For example, someone agrees to buy their

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Speaker 1: home but they have a delayed settlement because they say

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Speaker 1: living overseas the new buyers and for whatever. And there

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Speaker 1: are lots of different reasons you know, not just can't sell.

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Speaker 1: Where bridging finance can actually be a saving grace.

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Speaker 3: Yeah. Look, it can also be where you live. You know,

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Speaker 3: if you live in Sydney where the property market's running

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Speaker 3: pretty hot, particularly somewhere like the Eastern suburbs, or in

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Speaker 3: a Sydney you're going to have a fast selling period

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Speaker 3: compared to regional areas. But bridging finance is essentially a

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Speaker 3: six to twelve month period where you carry your existing

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Speaker 3: the debt on your existing home plus the purchase price

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Speaker 3: less any cash that you've got of the new purchase

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Speaker 3: us and so you're borrowing the whole mount for the

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Speaker 3: new purchase, less any cash that you're putting in, and

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Speaker 3: then you're paying interest on both. So you're paying interest

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Speaker 3: on two homes until you sell your old home.

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Speaker 1: What's the interest rate like on a bridging locause A

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Speaker 1: lot of people actually assume it's like eight nine percent.

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Speaker 3: It can be wow. It depends on the lender.

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Speaker 1: And on the how good a mortgage broke it you have.

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Speaker 3: Correct the lenders have a pull back, maybe not a

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Speaker 3: pull back, but they're discounting on bridging. Debt has eased,

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Speaker 3: and some lenders don't provide discounts at all. So you're

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Speaker 3: paying like what we would call a base variable rate

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Speaker 3: or a standard variable rate without any discount margin applied.

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Speaker 3: So that can be eight ton ouch. It's expensive. Yeah,

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Speaker 3: but obviously the bank's carrying a greater risk because if

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Speaker 3: if you don't sell within that bridging period, the approved

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Speaker 3: bridging period of six to twelve months, then they can

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Speaker 3: come in and forcibly sell for you, which might that

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Speaker 3: can mean a much.

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Speaker 1: Lower sale price or you know, it also can be

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Speaker 1: it buys your time though, if you are stuck in

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Speaker 1: between two properties.

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Speaker 3: Look, it's sometimes it's just a necessary evil. Yeah, an

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Speaker 3: opportunity cost if you can't because when you're buying this

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Speaker 3: new home, if the seller doesn't want to give you

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Speaker 3: an extended period and you desperately want the home, you

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Speaker 3: just take it. Then you've got forty two days whatever

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Speaker 3: state you're in. But that's when bridging finance is necessary

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Speaker 3: because you don't have enough time to sell at a

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Speaker 3: shorter period.

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Speaker 1: And of course, the moment the property is sold, that

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Speaker 1: loan is immediately cleared and you're back on your merry

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Speaker 1: wag again in your new home.

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Speaker 3: Yeah, that's right. And it also, you know, apart from

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Speaker 3: being a necessary evil, it also allows you to move seamlessly,

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Speaker 3: so by the new place move in, you're not homeless

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Speaker 3: for a certain period or renting for a short period,

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Speaker 3: you know, stuck without it. So there are some positives

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Speaker 3: to it, but mainly it's an expensive.

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Speaker 1: It's good to know about it as a backup plan,

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Speaker 1: you know, and be aware of it. But obviously it's

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Speaker 1: avoidable if possible, and This is where obviously the value

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Speaker 1: of a good mortgage broker to talk you through all

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Speaker 1: the different options and help minimize this.

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Speaker 3: Actually, yeah, and a good real estate agent. I encourage

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Speaker 3: my clients that are in bridging to have really open,

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Speaker 3: honest conversations with their agent about their situation and what

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Speaker 3: their plan is, because it can you know, if bridging

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Speaker 3: finance is only for a very short period, then you

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Speaker 3: know it's a great solution that hasn't cost you too much.

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Speaker 3: But if it's a bridging finance that you're absorbing and

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Speaker 3: taking for twelve months, then it really gets expensive. All right.

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Speaker 1: What are some of the I guess traps and or

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Speaker 1: hidden costs that people often overlook when it comes to

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Speaker 1: upgrading your home by moving into a bigger home, more

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Speaker 1: expensive home.

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Speaker 3: Look, the biggest ones are obviously stamp duty. You know

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Speaker 3: you're paying stamp duty again all over again, so look,

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Speaker 3: that's sometimes forgotten. I think stamp duty.

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Speaker 1: Others would be mortgage insurance potentially depends.

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Speaker 3: Yeah, look, you know you shouldn't. That shouldn't be a

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Speaker 3: trapper or something you're unaware of, because a good mortgage

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Speaker 3: broke or broke would explain all of that to you.

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Speaker 3: And spell out all of those costs more than unknown. Really,

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Speaker 3: I guess you know, if you don't do do your

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Speaker 3: research on properly you're buying, and you buy.

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Speaker 1: A lemon, Yes, you don't get a building inspection.

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Speaker 3: Report done, Yeah, definitely that one. You know, location, unfriendly neighbors,

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Speaker 3: not doing your research. These are all things that we

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Speaker 3: talk about for first home buyers. Do drive buyers of

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Speaker 3: the new neighborhood at all times of day and night.

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Speaker 1: And checking in with your counsel to see what potential

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Speaker 1: developments are happening nearby, like an apartment block in your backyard.

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Speaker 3: Something getting knocked down the day after you moved in. Yeah,

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Speaker 3: they're about they're about the traps.

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Speaker 1: I'd say the trap that Tom and I went through

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Speaker 1: with our home in upgrading our home, which I'm pretty

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Speaker 1: sure you're aware of because your mortgage broker was.

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Speaker 3: We got a.

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Speaker 1: Building in pest inspection done and it was fine, but

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Speaker 1: because we had a delayed settlement of moving in and

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Speaker 1: it was during I always get this mixed up Withino

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Speaker 1: El Nino where it was raining. So during that delayed

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Speaker 1: settlement period, the roof had all these leaks that they

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Speaker 1: didn't know about and fair enough, But we only discovered

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Speaker 1: the water damage after we had settled and moved in,

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Speaker 1: and we walked into two meters by one meter of

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Speaker 1: just black mold. And you know, I think we went

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Speaker 1: through I think one hundred and something thousand dollars worth

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Speaker 1: of repair, not renovations, repairs in finding all these like bits.

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Speaker 1: But this is just one of the riskly I guess

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Speaker 1: it's one of the risks people don't talk about when

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Speaker 1: it comes to a delayed settlement and the importance of

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Speaker 1: having those reports done, which we did, but because there

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Speaker 1: was the damage, it was actually done after having that

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Speaker 1: report done, So you've got to be so careful.

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Speaker 3: Really good point. The black mail one is interesting because

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Speaker 3: it's so common in Sydney. Oh yeah, yeah, just doing

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Speaker 3: in your inspection, looking in little corners and ceiling.

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Speaker 1: And getting a guarantee on the report if you can

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Speaker 1: as well to protect yourself. All right, interest rates, you know,

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Speaker 1: obviously on the are on the forefront of everyone's mind

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Speaker 1: right now. What advice do you have for people who

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Speaker 1: are thinking of upgrading today with the property market where

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Speaker 1: it's at and interest rates where they are currently are.

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Speaker 3: Look, interest rates are interesting. We're starting to see a

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Speaker 3: bit of competition, come back with discount.

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Speaker 1: Oh tell me more, we want savings.

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Speaker 3: Yeah, so I've talked about this before. You know, you

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Speaker 3: get lenders or banks who have got reporting to their

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Speaker 3: shareholders on the horizon. They're the ones that I find

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Speaker 3: are a bit great. I wouldn't say greedy.

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Speaker 1: But you can see whatever you like, this is.

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Speaker 3: The wrong word. They're the ones that are willing to

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Speaker 3: dig a bit deeper to win new customers, and they

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Speaker 3: want to win them in big numbers. So when we

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Speaker 3: see that it's a real opportunity to get a really

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Speaker 3: good deal because they're digging deeper than the norm, it

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Speaker 3: would then indicate that it's an interest rate. It's not

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Speaker 3: going to be there for long, so it might be

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Speaker 3: a one or two month offer. But for me, I

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Speaker 3: love that because it more or less means that you

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Speaker 3: shouldn't need to be changing lenders for quite a number

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Speaker 3: of years to beat that that variable rate would be.

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Speaker 3: So it really means that you can sort of nestle

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Speaker 3: in with one bank for the long haul, which is

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Speaker 3: what you want to do. The less you're refinancing, the better,

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Speaker 3: so it gives you some stability and length of just

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Speaker 3: debt reduction without resetting your mortgage. But it should mean

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Speaker 3: that you're getting that interest rate for a long time,

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Speaker 3: a good discount.

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Speaker 1: So if you're not getting that discount, you should be

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Speaker 1: on the phone asking yes at loyalty tax.

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Speaker 3: And that's when you've got to learn how to bluff. Basically,

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Speaker 3: say that you're willing to move, you're looking at other lenders.

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Speaker 3: You can't just call and ask for a better rate, yeah,

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Speaker 3: because they're not friendly.

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Speaker 1: Yeah, you got to know your numbers, know the value

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Speaker 1: of your home, how much you've you owe, how much

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Speaker 1: you've already paid off. You've got to be armed all

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Speaker 1: the information. So they take you seriously and just quickly,

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Speaker 1: can you explain to the listeners and you know about

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Speaker 1: the importance of calling a mortgage broker rather than just

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Speaker 1: calling up the bank, your bank directly as to where

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Speaker 1: your existing mortgage is when it comes to upgrading. Because

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Speaker 1: I think a lot of people think, oh, well, my

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Speaker 1: mortgage is with bank X y Z, so we're thinking

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Speaker 1: of upgrading, we'll just go straight to our bank X

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Speaker 1: y Z and get them to all guys alone. Why

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Speaker 1: is that not necessarily always the best idea?

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Speaker 3: Well, because it's you're getting biased advice. Firstly, you're only

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Speaker 3: getting what that bank will offer you. Not every lender

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Speaker 3: will do bridging finance. Is only a handful out there

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Speaker 3: that do bridging finance. So if you're looking to upgrade

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Speaker 3: and bridging may be required, you need to speak to

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Speaker 3: a mortgage broker who can line you up with a

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Speaker 3: pre approval at the bank that will provide that as well.

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Speaker 3: Because if you're going signing contracts and purchasing and then

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Speaker 3: you realize you're with a bank that doesn't have bridging

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Speaker 3: finance and you need to turn to it, then you're

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Speaker 3: changing banks again. So going with a broker gives you

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Speaker 3: that choice, unbiased advice about getting you the best deal

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Speaker 3: and the banks that will suit your needs at the time.

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Speaker 3: And if upgrading is what you're doing, you need to

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Speaker 3: be with someone that does bridging as well.

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Speaker 1: If I bank with Bank X, Y Z and I

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Speaker 1: want to upgrade, will you and I reach out to

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Speaker 1: you and say, hey, Adam, we're thinking of upgrading. We

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Speaker 1: need more space. We've seen this house across the road

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Speaker 1: that we think would be perfect. You know, we currently

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Speaker 1: bank with these people. Can you work with that bank

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Speaker 1: to keep it if it is actually better for us

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Speaker 1: to stay with them.

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Speaker 3: Yeah, I do that quite a bit, Kenner. And as

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Speaker 3: we've talked about before, I can't hand on heart tell

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Speaker 3: someone to move if it's not in their best interests,

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Speaker 3: and we're obligated under a best interest duty of our

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Speaker 3: credit license to act that way in our client's best interest.

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Speaker 3: Trying to get someone to move for the sake of

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Speaker 3: it is yeah, nothing that I'm comfortable with doing. So

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Speaker 3: we work with customers existing banks all the time. We've

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Speaker 3: got access to everyone out there. So as we've said before,

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Speaker 3: we get paid a commission, which is the same everywhere.

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Speaker 3: So our motivation is just getting the best deal, and

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Speaker 3: if that's with your existing lender, then we do that

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Speaker 3: as well.

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Speaker 1: That's so good to know, all right. Finally, for people

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Speaker 1: who know that they do need to move at some point,

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Speaker 1: maybe be next to year year or the year after that,

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Speaker 1: but they're not ready now as in today, what are

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Speaker 1: some things that are really wise and sensible to do

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Speaker 1: to help them prepare when they do want to move

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Speaker 1: in there in a really strong position financially to be

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Speaker 1: able to afford to upgrade, but also afford to upgrade,

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Speaker 1: but stay on top of their finances and see that

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Speaker 1: continued debt reduction of their mortgage in their lives.

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Speaker 3: It would just be to continue either putting money away

399
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Speaker 3: in offset or into your home loan as much as

400
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Speaker 3: you can as redraw. As we know, when you're upgrading,

401
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Speaker 3: there's moving costs. As we talked about stamp duty, it's

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Speaker 3: legal fees potentially, am I. The more money you've got

403
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Speaker 3: up in your pocket, the better. It could be the

404
00:19:40,960 --> 00:19:44,120
Speaker 3: difference between winning that properly that you really want and not.

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Speaker 3: But other small things as well, like if you're your

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Speaker 3: current home needs a bit of work done, start taking

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Speaker 3: away doing little upgrades or painting or whatever it might be.

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Speaker 3: To prepare for sale as well, so that it.

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Speaker 1: Looks you know, open inspection ready.

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Speaker 3: Yeah, exactly, because that could be the difference between really

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Speaker 3: quickly and not. You know, as we said, bridging finance

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Speaker 3: is very expensive if you want to avoid it a

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Speaker 3: little cost, so be prepared. Start early. If your current

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Speaker 3: home needs a bit of work, start that early because

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Speaker 3: your buyers.

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Speaker 1: Come and go, and they say that the serious buyers

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Speaker 1: normally are within the first week or two weeks.

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Speaker 3: Yeah, and if if you don't catch them, then they

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Speaker 3: won't unlikely be back.

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Speaker 1: Yeah. Wow, Okay, I feel like, even though I've done

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Speaker 1: this so many times in my life, and I've known

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Speaker 1: this so many times with you in my life, I

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Speaker 1: feel like I just it's such a great refreshing reminder,

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Speaker 1: you know, for everyone, including myself. So thank you so much.

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00:20:38,440 --> 00:20:41,080
Speaker 1: And there's some really great, you know, words of wisdom there,

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Speaker 1: and of course your advice is always appreciated but also

427
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Speaker 1: incredibly valuable for everyone.

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Speaker 3: Thank you, Kenna.

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Speaker 1: So if you look for everyone who's listening right now,

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Speaker 1: if you're thinking about making a move, whether it's upsizing,

431
00:20:52,480 --> 00:20:56,000
Speaker 1: changing suburbs, or even just dreaming of more space, I

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Speaker 1: really hope that you've enjoyed listening to what Adam has

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Speaker 1: had to say and the advice and wisdom that he's shared,

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Speaker 1: so that you feel informed and empowered at all times.

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00:21:04,560 --> 00:21:08,080
Speaker 1: And if you ever want tailored expert support for your

436
00:21:08,119 --> 00:21:12,800
Speaker 1: own situation, if it's upgrading, it's looking at debt recycling, refinancing,

437
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Speaker 1: or even looking at gearing for self bettered perfunds, I

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Speaker 1: can't recommend Adam of course and his team at Blue Lantern,

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Speaker 1: And no this is not sponsored at all. I'm just

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Speaker 1: happy to recommend someone that I know is going to

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Speaker 1: take great care of you, and you're going to get quality,

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Speaker 1: independent advice, and everyone that's met Adam and his team

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Speaker 1: know how much they genuinely care and the level of

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Speaker 1: detail and of course support in educating you around your

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Speaker 1: loan so that you know how to use it to

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Speaker 1: your financial advantage and hopefully you get to eventually say

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Speaker 1: goodbye to that home loan and work on your other

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Speaker 1: exciting financial goals. So I was always I always put

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Speaker 1: Adam's details because I get DMed all the time asking

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Speaker 1: for his email address and phone number. So I'm just

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Speaker 1: going to put it there for you so you can

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Speaker 1: access it directly. And for anyone that is interested in

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Speaker 1: putting through some questions for Adam to answer as part

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Speaker 1: of Ask Adam series, feel free to send them to

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Speaker 1: me or to even Adam directly. Thanks again, Adam of

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Speaker 1: course for sharing your wisdom, and thank you everyone for

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Speaker 1: tuning in. Until next time, keep that financial fire burning bright.

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Speaker 1: This is Ask Adam as Sugar Momma's fireplay series