Steps to Investing

Investing in property requires the same amount of research and focus as buying your own home. Pay attention to the following steps below. They'll help you streamline the process^*.

How much can I borrow?

HSBC can loan up to 90% for investment properties. Therefore, you will need to save and provide at least 10% of the value of the property for a deposit.

What are the costs?

• Remember that additional fees and costs will generally require 5 - 7% of the purchase price. These include:
• Stamp Duty
  the state government tax on mortgage documents and the property price.^{^}
• Conveyancing
  the legal transfer of property title from one person to another.
• Mortgage Insurance
  what you'll incur if borrowing more than 75 - 80% of the property's value^#.
• Building Insurance
  should be activated as soon as the contracts are exchanged, including contents if you are an owner occupier^#.
• Goods and Services Tax
  will be charged with new house and land packages, your real estate agent’s selling commission, conveyancing and solicitor fees, valuation fees, moving costs.

Which loan is right for me?

See the loans we offer and the helpful tools to figure out which ones are nest suited to your needs.

The application process

See the easy steps to securing your home loan.

Finding the right home

You've sorted out your finances, determined how much you can borrow and gathered the appropriate documentation. Now it’s time to start looking.

Find out the questions you should be asking.