Welcome to Zenlend Mortgage Broking & Planning
Our trusted Mortgage Brokers & Planners currently assist clients throughout Australia.
Based on the Mornington Peninsula and with over 60 available lenders, we provide expert research and guidance to make the process as seamless and informed as possible.
Latest news & insights
đ đ Mortgage stress hits 450,000 households as Melbourne leads the rise.
Mortgage stress is widely considered to be when an owner-occupier household that has higher monthly outgoings, including loan repayments, than what the household income is. Most of these households are still meeting repayments, but only just by cutting spending, drawing on savings, or relying on credit.
đč Household Mortgage stress climbed by 31,318 in the September quarter to 450,539, an increase of about 7.5% in three months.
đč Reports single out recent first-home buyers who entered the market with small deposits, including users of the governmentâs 5% deposit scheme, as among the most vulnerable.
đč Victoriaâs top 10 postcodes added 10,501 households under strain, an 11.2% increase, taking the total to 104,325, the highest of any market. The growth was led by Derrimut and Tarneit in Melbourneâs west.
đč Melbourne is now the centre of the story with more stressed households than any other market, and the biggest rise. But the sharpest moves are in the regions such as Cairns, Toowoomba and Launceston.
We find real solutions for our clients so if you or anyone else you know is feeling a Home loan repayment squeeze at the moment, please feel free to contact us today for a no obligation chat to see if we can assist you in reviewing your interest rate, product fees, repayment type and cashflow strategy.
#interestrates #AustralianProperty #RetirementPlanning #FinancialFreedom #investmentproperty #mortgage #firsthomebuyer #MortgageSolutions #mortgagestress
đ đČ Australia's latest Intergenerational Report shows younger generations are working longer and finding it harder to build wealth and buy a home than those before them.
đč Australians born in the 1990s and after are better educated and likely to live and work longer, but the traditional path of accumulating wealth through home ownership has become harder.
đč House prices have risen about 400 per cent since 1999, which was more than twice as fast as the average income.
đč Fertility is expected to fall to just 1.34 children per woman by 2065, which has sparked debate about what, if anything, could be done to persuade younger Australians to have more children.
đč Australia is also building homes at roughly half the productivity of 30 years ago.
We continue to assist many Australianâs find the right property and investment strategies to continue to build wealth.
Speak to us today for a no obligation chat to see how we may be able to assist you!
#interestrates #AustralianProperty #RetirementPlanning #FinancialFreedom #investmentproperty #mortgage #firsthomebuyer #generationalwealth #investment
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đ â One-in-four Aussies are giving up takeaway coffee & turning to home brew instead đČ
With the cost of living crisis and Mortgage growth slumping to a 3 year low as property market cools, people are finding ways to keep a lid on living costs.
đčMore than one in four Australians have given up buying takeaway coffee, new Canstar research has revealed, as the average drink costs $5.90.
đčAustralia's $10.15 billion cafĂ© economy is finally seeing some relief, with coffee prices rising at their slowest rate since 2020.
đčOf the 2100 Australians surveyed, 34% of those drink one cup of coffee a day while 50% drink two to three.
đč1 Coffee a day at $5.90 equals $306.80 per year while 2 coffees a day equals $613.60 per year.
Letâs see if we can save that amount and more by reviewing your current home loan and getting ahead one coffee cup at a time.
Speak to us today for a no obligation loan review to see if we are able to find you a lower interest rate, lower fees and improve your repayment and cashflow strategy.
#interestrates #AustralianProperty #FinancialFreedom #mortgage #firsthomebuyer #ilovecoffee #coffeetime
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đ âł Buyers Donât need to Rush - Big call on the national property market!
A 30-year property super-cycle that has made Australian homes among the most expensive in the world may finally be coming to an end.
âȘïžA combination of higher interest rates, record-poor affordability, a slowdown in immigration and the federal governmentâs budget changes to property taxation may have finally ended a cycle that has pushed home prices way above fair value.
âȘïžData released by Cotality this week showed the national property market at its weakest point since the Albanese government came to office in 2022, with capital city values falling by 0.9 per cent last month.
âȘïžHouse values in Sydney dropped by 1.7 per cent while they edged down another 1.4 per cent in Melbourne. But every major capital city market is now either slowing or has turned negative.
âȘïžMost experts now believe that instead of sharp increases over the coming decade, property prices are likely to tread water.
Do you these market conditions impact your property strategy at all?
Feel free to contact us anytime in order to discuss your specific property goals and how we can assist you.
#interestrates #AustralianProperty #RetirementPlanning #FinancialFreedom #investmentproperty #mortgage #firsthomebuyer #realestate
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đ đââïž Back in my day interest rates were 17.5%!
Yes, BUT....... the data now shows that borrowers have actually faced tougher conditions over the past few years.
đčA new economic analysis has found that, over the past two years, Australian households have faced tougher conditions than they did when the RBA's cash rate reached 17.5 per cent in 1989.
đčIn today's economy higher house prices have led to bigger loans, leaving household budgets susceptible to even the most modest of interest rate rises
đčVictorian households have highest interest burden as the analysis also found Victorian households are currently paying the highest interest repayments as a share of household income in the country, at 6.9 per cent.
đčPaying off a home loan has traditionally been a source of financial security. But increasingly, it is becoming a source of financial anxiety as repayment pressures rise again.
The good news is that there are ways we can relieve the repayment pressure valve!
Speak to us today for a no obligation loan review to see if we are able to find you a lower interest rate, lower fees and improve your repayment and cashflow strategy.
#interestrates #AustralianProperty #RetirementPlanning #FinancialFreedom #investmentproperty #mortgage #firsthomebuyer
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đš SMSF Lending Ban for Residential Property
New rules have now passed â SMSFs can no longer use borrowing (LRBAs) to buy residential property.
Industry bodies have expressed concern that the changes risk discouraging investment at a time when Australia continues to face significant housing supply and rental market pressures.
Mortgage and finance brokers are increasingly reporting signs of uncertainty among investors as they assess the impact of proposed tax and housing related reforms. Industry sentiment suggests some investors are delaying decisions, reconsidering future investment plans or taking a more cautious approach to entering the market.
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Existing loans are protected
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Commercial property still allowed
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Ban takes effect mid-August 2026
If you have an SMSF or are thinking about property investment, now is the time to review your options.
đ Need personalised advice? Drop us a message or call today!
#SMSF #propertyinvestment #mortgagebroker #australianproperty #taxchanges #SMSFAustralia #property #mortgagebroker
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đ đ Mortgage brokers reach record 81% market share in Australian home lending!
That's more than 8 out of 10 new home loans in Australia, according to the latest MFAA Quarterly Market Share Report.
The result marks the highest mortgage broker market share ever recorded and reinforces the growing role brokers play in helping Australians secure finance in an increasingly complex lending environment.
Over the past eight years, broker market share has grown from 55.3% in March 2018 to 81.0% in March 2026, an increase of 25.7 percentage points.
Having been in the industry for 20 years and experiencing this shift firsthand, the trend shows a significant change in how Australian's choose to access lending by seeking personalised guidance and support throughout the home loan process.
Weâd love to assist you any way we can by getting to know you and your needs in order to provide you the best guidance possible.
We can provide you with a no obligation loan health check which can either provide piece of mind by validating the loan product you currently have or potentially save thousands if we can find any interest rate or fee saving benefits.
#mortgage #mortgagebroker #homeloan #HomeImprovement #morningtonpeninsula #mortgagetips #interestrates #RBA
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đđ Unlock the Power of Extra Repayments!
The average home loan size in Australia is now $735,000!
This does vary state to state for example Tasmania's is $521K and NSW is $560K but still a high average none the less.
With increasing interest rates and more household debt than ever before, the good news is that there are some things we can do to get ahead and one of those is by making extra home loan repayments.
In the example below, we contributed an extra $400 a month and we were able to;
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Save almost $200K in interest over the loan term
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Shave almost 5 years off of the original 30 year loan term making it closer to 25 years.
đââïžAs great as this is, there are a still a couple more things we can do to really improve this further! To find out what those are and to have a no obligation loan review or chat, feel free to call us anytime.
#AustralianProperty #RetirementPlanning #FinancialFreedom #mortgage #homeloan #PayDownDebt #SaveInterest #interestrates
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đ đ°Where would you rather be in Retirement? Start Planning now.
When people think about retirement planning, not many people think about Mortgage Brokers and the benefits they can provide.
Here are some ways a Mortgage Broker can add value:
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A Structured Repayment Plan
Having a repayment plan in place and considering the frequency of repayments along with any extra repayments you can make over and above the minimum, can literally save hundreds of thousands of dollars over the life of your home loan.
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Having the Right Loan Product
The right loan product can play a significant role in long term savings when factoring in the interest rate and ongoing fees.
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Having the Right Loan Structure
Loan products differ even with the same bank so having the right set up whether it be with a Redraw facility or Offset account facility can be detrimental to your longer term property portfolio planning and taxation implications.
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Property in Superannuation
Borrowing funds to purchase a property in Superannuation is a powerful way to bolter your retirement nest egg. The massive tax advantages in the Superannuation environment means that you can keep more of your rental income and Capital Gains depending on what stage of retirement you are in.
Feel free to call us anytime for a no obligation loan review or chat to find out how we may be able to assist.
#SMSF #propertyinvestment #Superannuation #australianproperty #retirementplanning #financialfreedom #investmentproperty #mortgage
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