RAMS Home Loans (RAMS) says it is looking to help first time investors crack the market with the launch of a free information toolkit and reductions to its fixed interest rates.
With the property market expected to heat up with the onset of spring, RAMS acting chief executive said opportunities were emerging for investors to get into the market.
“Generally the best time to buy a house is when you are ready, however our experience shows home loan activity tends to be more active in the warmer months when more homes list on the market,” Mr MacRae said.
RAMS has reduced its three year fixed rate home loan by 0.24 per cent to 6.99 per cent, which it claims is one of the cheapest on the market.
RAMS’ four and five year fixed loans have also been reduced by 0.30 and 0.50 per cent respectively to 7.49 per cent.
RAMS is also offering prospective investors a free information toolkit with details on how to get started in the property market.
“This contains useful facts about how to get started, what to look for in an investment property and the main costs involved with owning an investment property,” Mr MacRae said.