With the property market red hot, it’s vital that you are able to act fast when the time comes.

The best way to do this is to have your finance already organised.

Here are some important tips to speed things up:

Start Saving – If you’ve got a sizeable deposit, your choice of lenders and home loans is going to be better. Start saving now so when the time comes you have more options.

Reduce Debts – A lender is going to like the look of your application if you don’t have other debts hanging over your head.

Improve Your Credit – Pay your bills the day you receive them and always pay off your credit card. This will boost your credit rating and lenders will be a lot happier.

Organise the Paperwork – Make sure you have everything together, including ID, payslips, bank statements and details of any assets.

Get Pre-approved – This will give you a clear idea of how much you can spend, and it will give you the confidence to act when you find your dream home.