Jane Purnell, Author at Holzworth Partners - Page 6 of 6

4 May 2023

Why the role of property in portfolios is expected to increase even further in 2023 according to ‘Indexinvest’ investment managers

By Jane Purnell After a period of strong capital gains across all asset classes, the current decade would be more likely to see a far lower contribution of total return (which includes capital growth and income), given the established relationships between interest rates, inflation, leading economic indicators and corporate earnings which signalled falling profitability in the second half of 2023 and beyond, according to IndexInvest Investment Director Mark Holzworth. To further explain, Talaria Asset Management

14 Apr 2023

Smoke Alarm Requirments

By Jane Purnell

All residential properties in Queensland will require to have compliant smoke alarms to be installed prior to settlement of the property. Under Clause 7.8 of the Contract, the seller must install smoke alarms in any domestic dwelling on the lot in accordance with the Smoke Alarm Requirement Provision. Failure to do so is an offence under the Fire and Emergency Services Act 1990. The seller is obliged to have these installed on the

14 Apr 2023

What are your rights when settlement is delayed?

By Jane Purnell

In Queensland, the Settlement Date is an essential term of the contract and time is of the essence. It is the date and time set by the seller (Vendor) in the Contract of Sale, for when the buyer (Purchaser) will officially take legal possession of the property. Settlements can be delayed for many reasons, from financial issues or documentation delays to problems with the property and it is important to know your rights especially

20 Mar 2023

Reasons for Delayed Settlements

By Jane Purnell

The property purchase process involves various legal, financial and administrative tasks with all parties involved, such as agents, property lawyers/conveyancers and banks working hard to ensure a smooth property transaction. Unfortunately, issues can arise that prevent settlement from taking place on time. Settlement Delays can be caused due to various reasons. The most common causes why settlements are delayed are: Bank Complications: In instances where a purchaser is obtaining a home loan to

11 Mar 2023

Does your fixed-rate expire soon?

By Jane Purnell

While it may seem like a distant memory now, two years ago home loan rates were being lowered everywhere. Locking in your mortgage rate was an excellent opportunity for many people. Since then there has been a significant shift in the interest rate landscape, with mortgage rates broadly following the perpendicular path of the official cash rate. As a result, homeowners who fixed a portion of or all of their loan during 2020 or 2021

7 Mar 2023

Creating and Protecting your Wealth – a process for your lifetime (and beyond).

By Jane Purnell

Perhaps the easiest way of achieving your financial and personal goals is to have a plan. Financial Planning for today, tomorrow and future years can help you retain and grow your wealth. The value of comprehensive strategic planning cannot be overstated and no matter how good ones cashflow or investments are, they can be severely compromised by poor planning. Think of the effects taxation, illness, legal risk and death can wreak upon your financial aspirations.

7 Mar 2023

The Real Estate Outcome

By Jane Purnell

It is often the scenario where people wonder and ask why should we have a Will and hold the view that all will be fine when they pass away. More often than not it’s not the case. Consider the following: Mr M hadn’t prepared a valid Will when he died suddenly in a car accident. His loved ones expected he had a Will given he was very organised in every aspect of his life. His

7 Mar 2023

Top 5 Reasons You Need a Lawyer

By Jane Purnell

Just like with some forms of insurance, most people don’t think they need a lawyer — that is, not until they do. However, if you look closely, there are actually many instances in life where you may find yourself seeking legal advice. Here are five reasons where having a lawyer to advise you can spell the difference between solving a problem and losing out in the end. To ensure the outcome you want is legally