It is very important to know how much you can spend for the purchase of your new property.

The ideal way to do this is to get an "Approval In Principal" from Formula1 Finance.

This will give you confidence to know exactly how much you can afford to borrow and what offer you can put in for your new purchase.

When people are looking to purchase a new property they often believe they only need to have the deposit saved. Unfortunately, there are a number of other fee's and charges that have to be paid when purchasing a home.

A very important person during the process of purchasing a house is your conveyancer. They are the people who will "look out" for your best interests when it comes to actually purchasing a house.

They are responsible for any inspections that you require, preparing and exchanging contracts, attending settlement and being on "your side" when dealing with all the other parties.