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March 2016

Frequently Asked Questions – Settlement/Post Settlement

Settlement and post-settlement can be confusing times. You probably have lots of questions… When is my first loan repayment due to be paid? How do I transfer the funds from my old offset account to my new offset account? What actually happens at settlement? These are just a few of the questions that we are asked frequently. For the answer to these questions and more… Click here to read the full article on the Finance Detective Blog

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Property values falling… How could this affect me?

Question of the Month: “A colleague has been asked by his bank to reduce his loan with them, by paying it down with some cash he has. This is due to the decrease in his property values. Could something like this happen to me?” Good news for our client – he is in a position where he should never receive such a call. Their friend however, may need to consider the below and have a professional negotiate with the bank on their behalf. They may also need to refinance with another lender to retain their cash. When it comes to …

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