• 五月 24, 2016

Westpac降低物业投资订金门槛

Westpac降低物业投资订金门槛

Westpac, the country’s biggest lender to landlords, is lowering the size of the deposits it will require from property investors, partially reversing last year’s crackdown.

After a sharp slowdown in lending to property investors, Westpac and St George, which it owns, this month told mortgage brokers the maximum loan-to-valuation ratio (LVR) for new mortgages for property investors would rise to 90 per cent, up from 80 per cent.

The change means property investors need a deposit of 10 per cent of a property’s value, compared with 20 per cent previously. Check out the full article here: http://www.afr.com/business/banking-and-finance/westpac-lowers-deposit-hurdle-for-property-investors-20160523-gp1i2c