Property investors can now bring together all of their home and residential investment loans under a single credit limit with an ANZ Portfolio loan, Mortgage Business reports today.
ANZ Porfolio enables investors to create up to 12 sub-accounts from a variety of loan types including a line of credit, fixed or variable rate mortgage under one single limit.
The investment loan comes with a one-off upfront fee of $750 and an annual fee of $550 (payable in arrears) covering all sub-accounts and ongoing sub-account administration.
ANZ Porfolio is designed specifically for investors looking to build wealth over the long term using equity ...
read more...
Categories: Home Loans and Mortgages, Investment. Tags: ANZ Portfolio loan, Investment Loans, Investment Property, Portfolio Investment Loan, Property Finance, Property Investors.
Changes in tax benefits for high income-earners and cuts to superannuation concessions in this year's Federal Budget have made investing in property an even more attractive proposition for property investors, Ray White Surfers Paradise CEO Andrew Bell has said.
In this year's Federal Budget, the government announced changes to superannuation that would see to a permanent reduction in the concessions on super contributions, and a temporary cut to the government's co-contribution payment.
Mr Bell said that measures to halve the cap on salary sacrificing into super, meant that there would be a greater tax rate on sums that would ...
read more...
Categories: Investment, News, Superannuation. Tags: Investing in Property, Investment Loans, Mortgage Broker, Property Finance, Property Investors, Super Fund Loans.
Property investors look set to make strong gains as rising rents continue to drive positive gearing opportunities, Mortgage Business reports today.
According to the Australian Property Monitors (APM), asking rents on Australian residential properties increased significantly in the year to March and lower interest rates mean rental yields are now near to or surpassing home loan interest rates.
The valuer's Rental Series released yesterday showed asking rents levelled off in the first quarter of 2009 as lower interest rates eased pressure on landlords to seek higher rental returns. Year-on-year growth however has been strong, and is expected to ...
read more...
Categories: Banking and Finance, Home Loans and Mortgages, Investment, News. Tags: Investment Loans, Property Finance.
(Mortgage Business)
Investors and first homebuyers are the borrower segments that could lead the mortgage industry's recovery amid cautious optimism that the September rate cut would spur some activity.
A straw poll conducted by Mortgage Business showed that out of 303 respondents, 35.6 per cent said first home buyer activity would pick up the most.
This was followed by property investors (22.6 per cent) and refinancing activity (21.8 per cent).
Only 18.5 per cent said the rate cut would have no positive impact on any market segment.
Interested in buying your first home or investing in property? A good mortgage broker can ...
read more...
Categories: Investment, Mortgage Brokers, News. Tags: Investment Loans, Property Finance.
(Defence Housing Australia Investor Magazine )
Just as important as finding the right investment property is getting the right finance. Structuring your investment finance correctly will assist you to keep your costs down and manage your risk accordingly, says Jennifer Nielsen of national mortgage broker group, Loan Market.
Many investors aim is to own each property outright after approximately seven years - the average length of the property pricing cycle. This may or may not be you, but it is still true that two areas of your finance structure are important avenues to increasing your chances of ownership ...
read more...
Categories: Investment, Media Articles, News. Tags: Investment Loans, Property Finance.
(X Inc Finance August Newsletter)
By Andrew Hungerford, Financial Planner
I have been asked by a lot of people about the recent subprime debt market and it's likely impact on everyday Australians. The facts are that most of the people who lost money recently in the subprime debt market were professional or sophisticated investors who took risks that did not pay off. There were definitely some everyday investors affected, but not many. However, I would emphasise the value of good financial advice. Certainly none of my clients had or would ever have money invested in this kind of product.
For more information, ...
read more...
Categories: Investment, Media Articles.
(X Inc Finance August Newsletter)
By Andrew Hungerford, Financial Planner
In short, the recent volatility in the share market could be precursor to much greater volatility later in the year. But remember with volatility comes opportunity, so get your finances in order. Now is the time to get your lines of credit set (margin loans and lines of credit approvals) so you can buy shares as they become cheaper. Talk to your mortgage broker
read more...
Categories: Investment, Media Articles.
(Grant Rheuben)
Grant Rheuben, X Inc mortgage broker of Port Melbourne who is also a qualified accountant, talks about some of the strategies used by his Australian expat clients. In a recent case, he arranged an investment property loan for an expat Australian living in London. Because the client was returning to Australia, an investment loan was created with the flexibility to purchase an owner occupied home at a later date. Loan repayments were structured as interest only to minimise cash flow and provide a tax benefit. The loan also had an adjoining offset account for the client ...
read more...
Categories: Investment, Mortgage Brokers, Press Releases. Tags: Investment Loans, Property Finance.
Our extensive business & investment experience underpins ourbroad knowledge of all things investment and financial.It's important to know what your customers want and just as important to be able to give them what they really need in each and every situation.
Home Loans, Refinancing, Investment Loans and 'out of the box' lending
So many customers have a home today because we just knew where to place the loan to get the approval they needed. Not everyone has a perfect credit history and not every loan application is 'perfect'. We really do specialize in 'out of the box' lending scenarios; making the impossible possible!"
Business, ...
read more...
Categories: Investment, Mortgage Brokers. Tags: Investment Loans, Mortgage Broker, Property Finance, Wandiligong Mortgage Broker.
Financial Review - Smart Money
Jennifer Nielsen, chief executive officer, X Inc Finance
I live by the one-third rule: splurge a third, live on a third and invest a third. But, if we're talking about a windfall, I guess that gives me permission to spend half and invest half.
As for the half I'd spend, $50,000 won't buy a boat big enough to spend the on day on Sydney harbor, so I'd spend $25,000 on a boat sharing program and the other $25,000 on an overseas holiday with my family. Because I have a young son, I'd go skiing somewhere close like northern ...
read more...
Categories: Investment, Media Articles, News. Tags: Investment Loans, Property Finance.
Sunday Telegraph
Jim Dickens
The superannuation industry will lobby for a baby bonus-style retirement benefit for women in next month's federal Budget.
One of several proposals under development by the Australian Institute of Superannuation Trustees, the plan is aimed at addressing a dramatic shortfall in women's retirement savings. The institute's figures show women's super balances are little more than half those of men on average, due to time spent out of the workforce raising children.
Chief executive Fiona Reynolds said recent changes allowing greater tax-free super contributions did little to boost women's nest eggs as most saved too little to qualify.
``I really think in ...
read more...
Categories: Estate Planning and Structuring, Investment, Media Articles.
