Our Blog.

The Royal Commission has raised a lot of commentary to the finance industry since its release on Monday. 

Capita Finance Solutions remains focused with its business model of a client-centric approach to finance. We are WA owned and operated finance group, giving clients the option of over 30 financial institutions to choose from, our position is to guide the client on which options work best for them, for now, and in the future... Continued

Western Australia has seen the New Year in with the introduction of a foreign buyers duty that has come into effect from 1 January 2019. This new duty will impose an additional 7% ‘duty or surcharge’ to any foreign buyers purchasing residential property within WA.

What type of property will be affected The duty will be applied to individual residential houses, apartments or dwellings - including those bought off a plan.  Any buildings that are to be converted into residential dwellings or vacant land where houses or apartments will be built. .. Continued

On the first day of 2019 APRA removed its cap on interest-only loans for residential mortgages. So, what does this mean for borrowers? And why did the regulator choose to make this move?.. Continued

If you’re like us, it’s after the hubbub of Christmas that real downtime kicks in.

That’s when we start to shift focus to the year ahead and ask the kind of questions that create change... Continued

We’d like to wish all of our amazing clients a Happy Christmas and a safe New Year. And of course, thank you for your business in 2018.

We are lucky to work with great clients, in both the business and residential sector, from all over Australia. .. Continued

2019 is just around the corner, and of course, we’re wondering what the property market has in store for us in the New Year.  

We’ve collated information from Senior Economists and other finance heads, to get a picture for the year ahead in property.   .. Continued

Okay, we know the holiday season is a wonderful time. But it can also be stressful when you’re paying off a mortgage. That’s why we’ve put together 5 easy tips for getting through Christmas, while also paying off a home loan.

Here’s what made our top 5... Continued

Tighter restrictions on lenders has made it harder for Aussie investors seeking to expand their portfolio.

According to news.com.au, this is because of stricter income tests and harsher rules for interest-only loans... Continued

The Capita Team is Growing! We are excited to announce that Sarah Craft has joined the Capita team. A huge welcome to Sarah who will be a great asset to our team and clients.  Sarah believes in ensuring your loan works for you for life, whether that means catching up with you every year or every 10. Sarah values what the Capita model moto of always putting the clients needs first to ensure they have the loan that best suits their needs.

Meet Sarah Sarah believes a good mortgage broker doesn’t stop working once your loan is settled, because she knows her clients can save thousands over the life of their loan, by simply checking to see if other, more suitable loan products, are available. .. Continued

If you’re in the market for a property, you need to know how much to save for a deposit. Today, we’re delving into what you need to know, so you can budget and prepare yourself to achieve your property goals.

How much do I need for a deposit? According to finder.com.au a home loan deposit is typically 20% of the agreed sale price. As an investor, you generally have to pay more, so be prepared to pay as much as 30% of the property price. The percentages listed above are minimum deposit amounts. If a 20% deposit cannot be made, 10% or more is the recommended minimum. The higher the deposit amount, the less you will pay over the life of your home loan. (So ideally, a higher deposit is better.) The minimum deposit amount between lenders will vary, so check with your mortgage broker if you’re unsure.  What if my deposit is less than 20%? Most lenders require borrowers to take out Lenders Mortgage Insurance if their deposit is under 20% of the agreed sale amount... Continued