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Three non-major lenders have unveiled a free website designed to help their borrowers “make the right choices” when buying property.
HomeHero.com.au provides property insights for places that homebuyers are interested in, and also offers checklists, step-by-step guides and price calculators.
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St George Bank, BankSA and the Bank of Melbourne launched the website last week in response to a survey by St George, which found that 62 per cent of homebuyers do not have a strategy in place to help secure their property at auction.
The survey also found that 48 per cent of Australians admit to not being as prepared as they could be during auction, and 55 per cent have missed out on purchasing their dream home because things became too competitive during the buying process.
Andy Fell, general manager of retail banking at St George, said the results show that some Australians are finding it challenging to take steps on the property ladder.
“St George understands that purchasing a home is one of the biggest investments in your life,” he said.
“HomeHero.com.au will help buyers make the right choices to set up for a future with a wide range of content, from finding out if a property is a great deal to knowing what to look for in building, pest and strata inspections.
“HomeHero is here to help make it as easy as possible for buyers to feel empowered and in control of their home buying journey.”
St George, BankSA and Bank of Melbourne are all part of Westpac Group.
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