November RBA announcement

Looking for good odds this Melbourne Cup? While most Australians will be focussed on finding a hot tip for today’s race, we’re on the hunt for ways we can help you win at home loans over the long-term. Today, the RBA chose to keep the cash rate at 1.50%. Pop the champagne! (Although I’m sure you don’t need encouragement on today of all days.) Another reason to celebrate might be yesterday’s announcement by the NSW government to overhaul residential stamp duty in New South Wales by July 1 next year. The change comes amidst ongoing concerns of housing affordability, especially in Sydney. Although the stamp duty reform won’t come into effect until mid-2019, it’s expected to help more Aussies achieve the dream of owning their own home. It’s a small step in the right direction. So, that’s a win, right? And, with NSW shaping to be the first state to index stamp duty brackets to the consumer price index, other states might follow their lead. Get in touch if you’re in the market to purchase soon. We’ve got the whole stamp duty thing sorted and can help you get started on your search. But maybe you already own a home, so who cares about stamp duty changes? Don’t drop the bit, there’s some good news for you too. We’ve done our homework. Well, we found a way you could save thousands of dollars on your loan in minutes and has an 84% success rate*. (Odds like that, even the mug punters would be backed off the map.) And the crazy thing is, two-thirds of us don’t use it! It sounds wild, but we discovered that 67% of Australians who have a home loan haven’t asked their bank for a rate drop. Are you one of those people? If so, your best bet for today might be to make a simple phone call to your bank and demand (that’s right, demand!) they drop the price on your home loan. UNO Home Loans CEO Anthony Justice said, “When it comes to home loan discounts, it’s a case of don’t ask, don’t get.” “Your bank is infinitely more likely to give you a discount if you put the heat on them and demand a better deal. Lenders save their best deals for their toughest customers.” So what tricks do the toughest customers use to take on their bank and win? More than 15% got heavy handed and threatened to dump their bank, 12% used an offer from a rival lender and 12% asked a broker to take on their bank for them. But you might be a little shy and a bit scared. That’s okay. It’s actually fairly common to feel like you’ll just end up being rejected because you’re not eligible for a discount or the whole thing is just too awkward. You’re not alone. From what we found, 30% of people don’t feel entitled to a discount and another 20% felt too uncomfortable to ask. That’s where we come in. Like I said, we’re always looking for ways to help you win at home loans. If that means checking in with your current bank or looking for a better deal somewhere else, we’re here to help. If you don’t know how to ask or just haven’t got around to it, drop us a line and we’ll race to your side. For now, back to that champagne! It’s important to note that the information we give here is general in nature – no matter how helpful or relatable you find our articles. Even if it seems like we’re writing about you, it’s not personal or financial advice. That’s why you should always ask a professional before making any life-changing decisions.*Survey of 1,500 Australian mortgage holders conducted by CoreData on behalf of uno Home LoansBook a call in with UNO

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What our customers are saying

Marlon Baena
July 22, 2024
Karis dedication to assisting with our home loan, even while I was on holidays, truly exemplifies a commitment to excellent service. It's the small things that often make a big difference, and it seems Karis attention to detail and clear communication were key to our smooth home purchase. I highly recommend using UNO and Karis for your home loan needs.
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Olivia Gill
July 18, 2024
We recently used UNO Home Loans to assist us with securing our new mortgage in AU (had moved here from NZ). We had Michael Parsons as our mortgage broker and he was extremely responsive and helpful the whole way through the process. Was a great experience and definitely recommend :)
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Yash Karma
July 18, 2024
Andrew Wyers and team have been amazing. Andrew is very knowledgeable, offers practical advice and he has been pivotal in helping me secure a mortgage at a very competitive interest rate. He was highly responsive to my queries and,being a new immigrant to Perth, he was very patient with my many many questions. An added benefit for me was his knowledge of how superannuation here works. A hec of a great guy to work with, reliable and he goes above and beyond. I would recommend highly recommended him, especially for new immigrants. In fact, I will be using him again very soon!
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Rosie Deiath
July 2, 2024
Karis from UNO was so supportive throughout the entire process of buying our first home. She was contactable at any time, and answered all our silly questions for us. We couldn't recommend Karis and her team enough, as it always felt like she was in our corner with our best interests at heart.
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Jack Mikkelsen
July 2, 2024
We dealt with Karis Churchill as the mortgage broker for our first home. Karis was so supportive and knowledgeable through the whole process! A+ mortgage broker. Definitely utilise her expertise if you’re buying a house!
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Kapil Baldota
June 25, 2024
Eren Tan is absolutely one of the best mortgage brokers in Melbourne! Keeping us well informed throughout the process. Eren gave us a helpful hand in managing to get our loan over the line in a quick and efficient way which is what we wanted and he delivered on that. Thank you Eren Tan!
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A M
June 21, 2024
I only have praise from my Uno experience! I was a broker sceptic, having done all of the hard work myself for my first two property purchases and sale. I'm now a proud broker advocate having used UNO (Karis Churchill) for two refinances and purchase. The value add Karis brought cannot be underrated! Not only has Karis got me the best rate, with a bonus cash back (nearly unheard of in this climate), she has done it with the least back-a-forth and with the least administrative burden on me (the thing that can deters people from refinancing to begin with). Karis is always on top of everything. Karis knows her stuff. She is the most responsive of any professional service provider I've ever used (my banker never text with an update at 7pm on a Sunday) without being overbearing. You know she's got your back and in my experience the value speaks for itself. Thank you to the whole UNO team, thank you especially to Karis.
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Leanda Cawdry
June 8, 2024
Very pleased with the outcome of this process, Michael Parsons and his team at UNO were helpful, communicative, and took all the stress out of the process of finding me a refinance deal that met my needs. Would definitely recommend Michael and UNO, and I already have!
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Glen Matthews
May 29, 2024
Regarding UNO Home Loan services. I had great experience with uno home loans, Michael parsons was my broker for UNO Home Loans we had excellent communication throughout the whole home loan application. If I had any questions on home loan application which were many were answered in great detail. He had the time to assist me in filling out endless application forms at anytime through the day or night which made the application process stress free. So I would strongly recommend Michael parsons from UNO Home Loans to try his services you will not be disappointed. Thanks to Michael parsons I have the lowest home loan interest rate I could ever hope for which I particularly ask for. It’s was a pleasure working with him. And will be using his services in the near future.
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Gillian Anderson
May 28, 2024
Thank you to Michael and UNO for their help in securing our home loan. I like the way they break everything down in simple terms to ensure that you can make the right decision. Michael was polite and very patient to help us get things across the line. We are now sitting in our first home away from rental circus. Can't recommend them enough. Thanks Michael and thanks UNO
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Andy Song
May 17, 2024
Amy has been absolutely wonderful as a broker. I would not hesitate one bit in recommending her services.
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Troy H
May 13, 2024
Scott Wilkinson did a great job as my broker. He was very patient and always happy to answer my numerous questions throughout the considerable period of time that it took to secure a suitable property. Would certainly recommend Scott and the team at UNO for anyone seeking a broker.
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