Your Local Mortgage Broker Hampton

A broker does the comparison legwork for you. We gather your financial information, assess what you can comfortably borrow and search a panel of more than 60 lenders for loans that match your needs. For Hampton buyers that often includes larger loan amounts, bridging finance or equity release, where lender rules vary considerably. We prepare and lodge the application, deal with valuers and lenders on your behalf and keep you informed right up to settlement, so you can focus on finding the right property.

When buying a house in Hampton, budget beyond the deposit for stamp duty, which depends on the price and whether any first home buyer exemption or concession applies, along with conveyancing or legal fees. A building and pest inspection is worth the cost on established houses, and council rates and water charges are adjusted at settlement. Lenders may also charge application or valuation fees, and lenders mortgage insurance usually applies if you borrow more than 80% of the value without a guarantor or government scheme. If you plan to renovate or rebuild later, we factor that into the loan structure from the start. We map out all of these costs before you make an offer.

Hampton combines Port Phillip beach frontage, a busy shopping strip along Hampton Street and a direct train service on the Sandringham line. The 2021 Census showed 75.2% of homes were owner-occupied, either outright or with a mortgage, which suggests a stable, long-term community. Family households made up 73.4% of all households. For investors, 22.7% of homes were rented in 2021, so tenant demand and vacancy are worth researching before you buy. We can help you weigh up the numbers.

Often, yes. Bridging finance lets you purchase your next home before your existing property sells. During the bridging period, many lenders capitalise interest or require interest-only repayments, and they will assess your ability to cover the combined debt if the sale takes longer than expected. Most lenders set a maximum bridging term, commonly six to twelve months. Because Hampton homes can carry significant equity, bridging is a common strategy here, but it suits some situations better than others. We will run through the costs and risks before you decide.

Townhouses accounted for 22.7% of Hampton's occupied dwellings at the 2021 Census, so downsizing within the suburb is a realistic option. If the sale of your family home covers the purchase, you may not need a loan at all, though some people keep a small facility or offset account for flexibility. If you are buying first, a short-term bridging loan may help. Lenders will also consider your age and repayment plan if you are nearing retirement, so it pays to have an exit strategy ready.

No. You do not need to set foot in a bank branch. We can meet you at our St Kilda office, by phone or by video call, and most documents can be sent and signed electronically. Once we have compared lenders and you have chosen a loan, we submit the application and deal directly with the lender. Many of our Hampton clients appreciate not having to take time off work to queue at a branch, and you still get one person to call if questions come up.