Mortgage Broker Kensington

Get pre-approved before auction day and you can bid knowing your finance is settled. After the hammer falls, settlement usually runs 42 days, and we work with your conveyancer to keep it on schedule.

Kensington has everything from older blocks to new builds near UNSW, and lenders treat units far less consistently than houses. Very small studios, serviced apartments and high-density towers each trigger different policies. Matching the property to the right lender is part of what we do before you apply.

Borrowing 80% of the purchase price is the usual target, because staying under it avoids Lenders Mortgage Insurance. Going higher is possible with LMI, and eligible professionals can have that waived entirely. We'll find the structure that fits your budget.

Few Sydney suburbs have a university of UNSW's size inside their boundary, and it shows in the numbers. Unit yields around 4.3% are among the better returns in the Eastern Suburbs and vacancy stays low year-round. We structure the loan around your longer-term portfolio plans. See investment loans for more.

A 20% deposit on the median Kensington house is around $730,000, and over $900,000 once you add stamp duty. Not everyone gets there with savings alone. Professional LMI waivers can take eligible buyers to 95%, a family guarantee can bridge part of the deposit, and upgraders can often draw on existing equity. There's more detail on our home loans page.

Yes. The Australian Government 5% Deposit Scheme lets eligible first home buyers purchase with just a 5% deposit and no LMI, and the $1.5 million Sydney price cap covers most Kensington units. First home buyers also pay no stamp duty up to $800,000, with concessions to $1 million, and the median Kensington unit sits inside that concession range. We'll confirm what you qualify for and structure the application. See our First Home Guarantee guide for more.

Yes, and Kensington is one of the more realistic Eastern Suburbs entry points. Units make up most of the market, there's stock under the government 5% deposit scheme price cap, and the median unit attracts a stamp duty concession. Caps and criteria shift each year, so we confirm your eligibility before anything else. Start with our first home buyers page.

If you're comparing mortgage brokers in Kensington, ask them about the suburb. Shane knows Kensington's buildings, agents and prices firsthand. A bank can only offer you its own products. We compare more than 30 lenders and the service costs you nothing.

No. The service costs you nothing: the lender pays us a commission once your loan settles. There are no upfront charges, no hidden fees, and no obligation after an initial chat.