Borrowers had a nice run from December last year up to June this year. Victoria made it out of the second wave lockdown and we saw what looked like a sharp V-shaped economic recovery. House prices started a march upwards, the majority of borrowers who had taken up relief measures from banks resumed regular repayments, […]
How Delta is impacting banks’ willingness to lend
Turning no into yes – 5 case studies demonstrating the value of brokers and the nuances of lending
https://media.blubrry.com/longpropertyshow/content.blubrry.com/longpropertyshow/Turning_no_into_yes.mp3Podcast: Play in new window | DownloadSubscribe: RSSSometimes, our clients have been told ‘no’ elsewhere – because either their income situation or various commitments/ liabilities were too complicated to tick all the boxes and meet credit policy. It is in these scenarios the true value of a broker is seen – a broker knows how […]
Stamp Duty – a thing of the past?
Article by Rachel Epstein The idea of abolishing stamp duty has been discussed for decades and is one many economists have shown support for — especially in recent years as the property market has boomed and house prices have increased significantly. Whilst the concept of getting rid of Stamp Duty and creating a more efficient […]