by admin | May 2, 2023 | Ask Alan News
I am always open to opportunities with new lenders for my new to bank clients. Under BID (Best Interest Duty) my obligations are clear – and they are obligations on me personally. Banks have absolutely no obligations under BID. This means that in the...
by admin | Sep 22, 2021 | Ask Alan News
Since the day ASIC reported back on a finding from the Royal Commission on charging older loyal clients more than new ones, I have refused to take a backward step on this issue… Because it represents the worst possible example of bank behaviour. In a related article...
by admin | May 28, 2019 | Home Mortgages, Investment Loans, Mortgage Industry News
The current market mood was caused by negative Government intervention to suppress buyer demand and also the election itself. Sentiment has changed post-election and now positive Government intervention brings good news again for buyers. There are 4 key...
by admin | Jan 10, 2019 | Construction Finance, Home Mortgages, Investment Loans, Mortgage Industry News
Most people misunderstand badly the term “buyers’ market” and hence never take advantage of one. A buyers’ market is one where no-one is buying. Consequently, it is a terrible time to sell. In a buyers’ market there are more sellers than buyers, buyers can take their...
by admin | Apr 26, 2018 | Mortgage Industry News
The Sydney property market has plateaued – with prices for both houses and units off the boil since June 2017 as the peak (Domain March Quarter House Report – Apr 26th).APRA played a large part in this Sydney slow down by applying investor restrictions to the entire...
