Cory Bannister’s Post

Hear from Nicola Haigh, Head of UK Real Estate & Housing at Lloyds Bank Business & Commercial highlighting the many challenges facing SME housing developers today and how Lloyds Bank are helping the sector by providing more flexible finance options. Watch the video now: https://lnkd.in/eFeEP4PM #PropertyWeek #InConversationWith #LloydsBank #finance

In the recent Mortgage Professional Australia Commercial Lenders Roundtable discussing how commercial brokers and lenders have navigated the challenges of higher interest rates, inflation, and increasing credit risk, Stephen Scahill, LMG's Group Executive Asset and Commercial Finance, shares LMG's commitment to its brokers with the tools and support they need with the support of lender partners. LMG’s role as an aggregator is to provide clear pathways for brokers who want to diversify. Stephen explains that tech is the cornerstone of this, with MyCRM enabling brokers to service clients across any loan vertical, whether commercial, residential, or asset finance. “Having state commercial specialists available to all brokers has provided many with the confidence to begin their commercial journey, knowing they have an expert available to them should they require support.” Read more from fellow commercial industry experts in the MPA focus below. #betterbeginshere

Campbell Kwan's article in this weeks The Australian Financial Review should have debt investors asking what their capital is being used to finance. When a lender (debt) becomes a developer (equity), investors should seek to ensure their debt is not being used as a cheap alternative to traditional equity and mezzanine finance to complete the project. #ausbiz ausbiz Financial Standard Capital Brief The Australian Financial Review Debtwire ION Analytics Primrose Riordan Blair Murphy | Luke Howes | Dallin Howes | Patrick Prasad William | Shrikaanth B, CFA | Hessan Shah | Alan Butterfield | Justin Roberts

Recent reporting by Primrose Riordan & Campbell Kwan at The Australian Financial Review flag a challenging period for property development debt. All lenders will eventually face a distressed borrower. This painful fact of life is a normal part of the economic cycle, so far be it for any manager to exult at the pain of others - 𝘫𝘶𝘥𝘨𝘦 𝘯𝘰𝘵, 𝘵𝘩𝘢𝘵 𝘺𝘦 𝘣𝘦 𝘯𝘰𝘵 𝘫𝘶𝘥𝘨𝘦𝘥. However, how a lender responds to that distress is important. I advise investors to watch closely. #ausbiz Financial Advice Association Australia (FAAA) Financial Standard Capital Brief Debtwire ION Analytics ausbiz Blair Murphy | Dallin Howes | Luke Howes | Shrikaanth B, CFA | Hessan Shah | Alan Butterfield | Justin Roberts

🌟 When Will Interest Rates Fall? 🌟 It’s the big question! While speculation about rate cuts continues, recent fixed-rate reductions suggest variable rates may soon follow. Did you know 80% of Australian households are on variable-rate mortgages? Now could be a great time to consider locking in a fixed rate for certainty and protection against potential hikes. 📉 Many lenders, including Commonwealth Bank and Westpac, are cutting fixed rates significantly. If you're struggling with repayments, a fixed rate might offer relief. 🔑 Get ahead—secure your pre-approval today and explore fixed-rate options! Get in touch! Derek Milligan | Finance Broker 0413209419 derek@alectofinance.com.au Read more: https://loom.ly/vPSxuJ8 #InterestRates #HomeLoans #FinanceTips #MortgageAdvice

For those investors looking for funding, please consider the learning opportunity below featuring Janisha Richardson. Several regional banks have already told some of my clients that if the property is not owner occupied, they will not finance it. Another national bank has completely turned off the spigot on commercial lending, and referred my client to their private bank with no regard to the fundamentals of the asset. Let's hope that 2025-2026 does not look like 2008-2009. But with office buildings half empty and interest rates more than double what they were in 2020, the malaise affecting the office sector will inevitably affect the other commercial real estate food groups. #commercialrealestate #lending #regionalbank #hardmoneylending #sbalending #small business #realestateinvestors

Perth is leading the way in property lending! 🏡 Western Australia saw a massive 39% rise in lending, with investor lending up by 70.5%. Our latest blog dives into the trends, affordability, and expert strategies to navigate this dynamic market. 🌟 Have a read: https://wix.to/BEFpJ1w #newblogpost #RealEstate #PropertyInvestment #DMCPAdvantage

🌟 When Will Interest Rates Fall? 🌟 It’s the big question! While speculation about rate cuts continues, recent fixed-rate reductions suggest variable rates may soon follow. Did you know 80% of Australian households are on variable-rate mortgages? Now could be a great time to consider locking in a fixed rate for certainty and protection against potential hikes. 📉 Many lenders, including Commonwealth Bank and Westpac, are cutting fixed rates significantly. If you're struggling with repayments, a fixed rate might offer relief. 🔑 Get ahead—secure your pre-approval today and explore fixed-rate options! Read more: https://loom.ly/oMy0K2o #InterestRates #HomeLoans #FinanceTips #MortgageAdvice

🚜 Does your business need to buy equipment? 🚜⁣ ⁣ If so, great news! The $20,000 instant asset write-off is in the process of being extended until 30 June 2025.*⁣ ⁣ This means a small business could immediately deduct the full cost of eligible assets valued under $20,000 when they start using them for business purposes between now and 30 June 2025.⁣ ⁣ Better yet, the $20,000 threshold applies on a per asset basis, so small businesses can instantly write off multiple assets. 👍⁣ ⁣ Lawn mowers, coffee machines, IT hardware, office and shop furniture, air conditioners, and forklifts are just some examples of assets you could purchase for your business.⁣ ⁣ Plenty of small businesses are taking advantage of the deadline extension. Several of Australia’s biggest banks report increases of up to 15% for lending for new equipment.⁣ ⁣ If you need help purchasing the asset with business-friendly finance, get in touch today to discuss your options. 👇⁣ ⁣ To find out more, DM us or contact Belfast Wealth Management on: ☎️ – 03 5568 2940 💻 – fp@belfastwealth.com.au #mortgagebroking #homeloan #portfairy #warrnambool #hamilton #koroit #westerndistrict * Belfast Lending Pty Ltd (Credit Representative Number 502388) & Amy Harman (Credit Representative Number 503318) are Authorised Credit Representatives of outsource Financial Pty Ltd, Australian Credit Licence Number 384324. Your complete financial situation will need to be assessed before acceptance of any proposal or product. All applications will be subject to lenders terms & conditions. At Belfast Wealth (ABN 64 619 571 505), we are committed to protecting your privacy. We use the information you provide to advise about and assist with your finance needs. ⁣ * This extension is not officially law yet. But the Bill is before parliament and information is on the ATO website.

The private credit industry in Australia has seen explosive growth, with local funds poised to manage upwards of $200 billion in capital. Directors highlight the sector's potential to mitigate market volatility and improve portfolio diversification, particularly in real estate-backed private credit. Gee Taggar | Broker Daily https://lnkd.in/edQZVmaG #PrivateDebt #PrivateCredit