Background A client was seeking finance to assist with an open bridging loan to purchase a property in a retirement village, whilst preparing her current owner-occupied unencumbered property for sale. She wanted to look at a minimum 12-month term to allow time for cosmetic renovations to be completed and an improvement in the housing market [...]

Background A young couple recently returned from working overseas and were looking to settle down and purchase a home together. They’re looking to buy a property from a family member. The property is sound but needs some cosmetic renovations as it’s a little dated, so they would like to hold back some of [...]

Background A married couple with no dependents was looking to release equity of $25,000 from their owner-occupied property for a capital injection to assist with the growth plans they had for their business which they established 12 months ago. Challenge  Their main bank wouldn’t consider a top-up to their existing mortgage or other loan until the [...]