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Long Property has been selected to pilot a new credit policy for a major bank, where borrowers in certain postcodes can obtain up to 95 cent leverage for both homes and investment properties, without needing to pay Lenders Mortgage Insurance.
Similar offers have traditionally been available to doctors, lawyers and accountants. This new policy is available to all borrowers, regardless of profession.
Over the past two weeks other lenders have either broadened their credit policies for higher leverage loans and/ or reduced interest rates for these sorts of deals.
Eligibility criteria applies.
Tune in to find out more!
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The Long Property Show provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. Nothing in the Long Property Show constitutes legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
