The Pros and Cons of a Balloon Payment Feb 4, 2022 | Car LoanA balloon payment is a one-off lump sum that you pay to the lender at the end of your car loan’s term. Balloon payments are more common with car loans for businesses and are a great way to help reduce your monthly repayments and free up cash. However, there are a...
Knight Frank Sees More Growth Ahead for Industrial Assets Jan 29, 2022 | Home LoanLeading Australian valuer Knight Frank believes the sharp growth we’ve seen in industrial assets is set to continue in 2022. Industrial assets have seen growth of around 15% over the course of 2021 and Knight Frank believes this is a trend that can continue for years...
Record Foreign Investment in Commercial Property Jan 27, 2022 | Commercial Property LoanDespite a tough year for many businesses, Australia recorded a record level of foreign investment in commercial property. The demand for commercial property finance in melbourne has increased steady rise. According to analysis from CBRE, 2021 saw $16.6 billion in...
How to Buy a Home at Auction? Jan 25, 2022 | Commercial Property LoansOne of the key differences between buying at auction or buying using a private treaty is that a sale at auction is unconditional. That means, as a buyer, you’re not able to add conditions such as subject to finance or subject to a building and pest inspection....
How does a Bank Valuation Impact Borrowing? Jan 24, 2022 | Home LoanWhen you purchase a property with finance, the lender will typically order a bank valuation to help them ascertain the loan to value ratio (LVR) of your home loan. For new home buyers, this might be something that you’ve never thought about before, but the outcome of...