28 Mar 2024 Podcast: Finance Files – 100% Overtime, Novated Leases and Cash Out for Renos

In this episode, Evelyn delves into the complexities of novated leases and their implications on loan applications and repayments, with a focus on securing additional funds for property renovations.

Evelyn shares a client case and offers vital insights into the finer details of navigating novated lease agreements and understanding their impact on loan terms.

She discusses how these leases can affect a borrower’s eligibility and alter the structure of repayment schedules, emphasising the importance of strategic financial planning when incorporating such elements into refinancing decisions.

Tune in to gain a deeper understanding and expert guidance on managing your finances effectively!

If you would like to send in a series of questions for our next Q&A, feel free to email us at ⁠admin@everlend.com.au

Find out your next step in property finance:

You Have My Interest is brought to you by Everlend, a mortgage and finance broking firm built for the purpose of educating and empowering you to make informed financial decisions tailored to your wealth goals. Find out more and book in your free initial consultation at
https://www.everlend.com.au/

There’s plenty more great content to come … so make sure you subscribe now on Apple Podcasts or Spotify so you don’t miss a thing.

You Have My Interest is brought to you by Everlend, a mortgage and finance broking firm built for the purpose of educating and empowering you to make informed financial decisions tailored to your wealth goals. Find out more and book in your free initial consultation at ​​https://www.everlend.com.au/

Get in touch:

Find out more about You Have My Interest at everlend.com.au/podcast and connect with us at podcast@everlend.com.au

You Have My Interest provides information and educational content relating to mortgages, finance and property. You Have My Interest‘s content is general in nature and does not take into account the individual financial, legal or tax needs or objectives of its audience members.

It is not intended as a substitute for professional advice. Listeners should seek out a licensed professional to discuss their individual financial, legal and tax requirements.

If you need mortgage or finance advice tailored to your own personal situation, contact Everlend today for a free consultation. Everlend are authorised credit representatives of Loan Market Pty Ltd, Australian Credit Licence number 390222.

Podcast produced with Apiro