As a result of both regulatory scrutiny and increased competition, it is no secret that the major banks have lost a lot of market share in the home lending space over the past few years. Appearing before the House of Representatives standing committee on economics in November NAB chairman Philip Chronican lamented the bank’s loss […]
Money talks – the big banks are buying big business
Settlement – what’s happening?!
Article by Patrick Lynch, Head of Operations Congrats! You found your new home, with finance approved and loan documents signed. You’re almost there… all that is left is settlement. This is the final part of the process and many borrowers, even those on their 3rd or 4th purchase, can find it mystifying. Settlement can seem […]
Is the downturn over?
Article by Daniel Gold From October 2017 demand for property in Australia declined as boom-time conditions in Sydney and Melbourne made way for a very substantial correction. As reported in The Adviser, Residential property prices hit their peak in October 2017, when, according to data from CoreLogic, the national median home value sat at $543,251. […]