Article by Patrick Lynch, Head of Operations Does the perfect application exist and how quickly can an application move through the process from lodgement to settlement? In the current Lending environment, we think 15 days for a refinance (no escalations) is extraordinary. So how did this one happen? It has to start with the applicant, […]
The near-perfect application?
Buyers are back
Since the Coalition hung onto power, and regained its majority, there has been a noticeable change in sentiment around property. At Long Property, our volume of enquiry has picked up c 30% since the election, mainly from prospective buyers who were previously taking the ‘wait and see’ approach. We’ve found these clients more eager now […]
Are low interest rates a Good Thing?
Article by Patrick Lynch, Head of Operations For many readers with home or investment loan debt, or thinking about a property purchase, the answer to the above question is a resounding ‘YES’. And that’s good for you because yesterday (04/06/2019) the Reserve Bank of Australia approved a 0.25% cut in the official cash rate, from […]