Leasehold Pub Finance is still available for good deals. MortgageCorp has relationship with most of the major and second tier banks and can arrange finance for leasehold hotel purchases.
Whilst many banks are reducing pubs in their books we still have lenders that are willing to lend on leasehold pubs.
To discuss your plans please call Mike [...]
Challenger commercial loans has advised many of their customers that they will not extend existing Commercial Loans when they reach the end of their term.
If you have a challenger loan expiring in the next 6 months please contact us today. We have a number of lenders that are willing and ready to take over the [...]
Following on from the RBA and the big 4 Banks St George, RAMS, FirstMac and AMP have raised their Variable Loan Interest rates.
Whilst St George, FirstMac and AMP have simply passed on the .25%, RAMs has gone slightly further and increased their rate .35%. Whilst its clearly a sign of funding pressure RAMs has been consistently lower [...]
Following the big 4 banks, the smaller banks led by ING are announcing their increases as well.
Following on from the RBA .25% rate rise on Tuesday the CBA has announced it will increase its variable rate loans by .25%. Its interesting that this time around the banks have not been as quick to follow the RBA, in the past these changes have followed within hours of the RBA acting.
The ANZ will [...]
