The Long Property Show: Recent Episodes
The Long Property Show
Today’s episode is all about timing—specifically, how to best time your loan application to maximize your chances of success. Whether you’re applying for a home loan, an investment property loan, or refinancing, the timing can make all the difference. We discuss nuances in bank credit policies & documentation requirements which change throughout the year and […]
The post Ep #107 – How best to time your loan application first appeared on Long Property.
Here’s an insight from now having settled over $1.0 billion in residential loans for clients… Homebuyers tend to outperform property investors. Tune in to find out why. Enjoy the show! — The Long Property Show provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend […]
The post Ep #106 – Why homebuyers outperform property investors first appeared on Long Property.
There is a new tax intended to abolish stamp duty from transactions involving commercial and industrial property in Victoria. The loss of duty revenues will be made up through a new annual ‘Commercial and Industrial Property Tax’ (CIPT). What has confused many people is that the first buyer of subject properties from 1 July 2024 […]
The post Ep #105 – Final stamp duty payments for commercial properties in VIC first appeared on Long Property.
We’ve seen many clients use this ‘debt recycling’ strategy to their advantage… In today’s show we discuss how it works, all in reference to this recently published AFR article on the same topic – How the rich use this tax strategy to get richer Enjoy the show! — The Long Property Show provides general information […]
The post Ep #104 – How the rich use this tax strategy to get richer first appeared on Long Property.
Negative gearing… it’s a term often thrown around in the realm of real estate and investment, but what does it really mean? How does it work? And most importantly, how can it affect your financial strategy? Today we discuss the principles behind negative gearing, examining how property investors can use this strategy to potentially offset […]
The post Ep #103 – What’s positive about negative gearing? first appeared on Long Property.
Notwithstanding elevated house prices and interest rates in today’s show we challenge the idea that buying a home in Australia is difficult. We discuss the little known resources available now to first home buyers and we provide examples of how ‘thinking outside the box’ has helped many Long Property clients get onto the property ladder. […]
The post Ep #102 – Is buying a home really that difficult? first appeared on Long Property.
Long Property has been selected to pilot a new credit policy for a major bank, where borrowers in certain postcodes can obtain up to 95 cent leverage for both homes and investment properties, without needing to pay Lenders Mortgage Insurance. Similar offers have traditionally been available to doctors, lawyers and accountants. This new policy is […]
The post Ep #101 – 95 per cent leverage, no LMI first appeared on Long Property.
From our early days of interviewing John McGrath, John Lindeman and Charles Tarbey, to our own personal property/ finance journeys, to settling nearly $1.0 billion in home loans and investment loans… we’ve learned so much!! Today we share some of our best learnings in a celebration of 100 episodes on the Long Property Show! We […]
The post Ep #100 – Best lessons from 100 episodes first appeared on Long Property.
Whether it’s seizing opportunistically on a new purchase or ensuring a swift/ smooth settlement, we find the need for immediate capital comes up a lot… temporary loan funds which can then be repaid in due course, following an asset sale. This is where bridge finance emerges as a strategic solution. It’s the financial conduit for […]
The post Ep #99 – Bridge finance demystified first appeared on Long Property.
Welcome to an insightful and inspiring Long Property Show episode as we delve into the world of financial empowerment with Sam Woodhouse, the brilliant mind behind Intune Financial Services. How many times have you heard older individuals regret not having the financial stability or health they would like for retirement? It’s a common narrative, and […]
The post Ep #98 – Special guest Sam Woodhouse first appeared on Long Property.
Two years ago when talk started about interest rates increasing some economists predicted that even with a modest 1 per cent increase in the cash rate, house prices in Australia would correct by up to 25 per cent. If these predictions had materialised they would have marked the largest drop in Australian house prices on record. From May […]
The post Ep #97 – November rate rise, don’t panic first appeared on Long Property.
Today we’re joined by Amy Lunardi, a top buyers advocate in Melbourne, who shares her unique insights on what’s happening ‘on the ground’ at the moment in this spring property market… Spring is synonymous with growth and renewal, and the real estate market is no exception. Stock levels are on the rise and gardens are […]
The post Ep #96 – Spring property market update with special guest Amy Lunardi first appeared on Long Property.
Not everyone knows that you can secure loans by cash (instead of property), at least at some banks… Clients find this useful in circumstances where they want to sell and then buy, and they want to keep their loan open, without needing to reapply for new loans again. In the above scenario, without cash as […]
The post Ep #95 – When ‘cash-as-security’ saves you first appeared on Long Property.
Today’s show is a discussion on the housing reform recently announced by the Victorian government which aims to build more than 800,000 homes over the next 10 years. The reform mainly focuses on increasing the housing stock with the aim of making renting and buying more affordable. The property industry has generally welcomed the shake-up […]
The post Ep #94 – Our thoughts on the VIC government housing reform shake-up first appeared on Long Property.
We’ve had some real estate royalty on the Long Property Show over the years but this is a first for us… bringing in an equities guy! Tom started his career in investment banking and then co-founded VP Capital in 2018. Tom has been portfolio manager at VP since day 1 and his main fund has […]
The post Ep #91 – Tom Lambeth, it’s a stock pickers market first appeared on Long Property.
When buying property purely for wealth creation, it can often pay to look beyond your local areas where you’re most familiar. Depending on where you live of course, and the time in various market cycles, it may be that properties elsewhere in the country offer return profiles more aligned to financial objectives. And in the […]
The post Ep #90 – Pros & cons of buying interstate investment properties first appeared on Long Property.
We see a lot of clients in their 30’s and 40’s wanting to upgrade their home. For many, they may already own either an existing principal place of residence, or an investment property, and the question becomes… can they or should they look to keep this existing asset, when it comes time to purchasing the […]
The post Ep #89 – Should you keep your existing property when upgrading first appeared on Long Property.
For people who own multiple properties, it’s not uncommon to see P&I home loans, and Interest Only investment loans, resulting in a tax efficient loan structure. But how should you think about financing homes which might initially be for owner occupation, but then in the future become investment properties..? A lot of people don’t realise […]
The post Ep #88 – Preserving your interest deductibility first appeared on Long Property.
Did you know that 3 of the 4 major bank economists now forecast we’ll have no further rate rises this cycle? [1] Also, here’s what they forecast in terms of rates eventually coming down (from the current cash rate of 4.1%)… CBA, forecast reduction to 3.1% – down 1.0% – by the end of 2024 […]
The post Ep #87 – Have interest rates peaked? first appeared on Long Property.
We were joined this week by Darren Blair from Blair Property Group who specialises in the marketing and sales of off-the-plan properties. Darren is very experienced in the off-the-plan space and was able to shed some light on the current market, provide tips & tricks for potential purchasers, as well as share some extremely useful […]
The post Ep #86 – Unpacking off the plan purchases first appeared on Long Property.
Westpac has now scrapped the 3 per cent assessment rate buffer for certain refinance applications, however Victorian property investors and holiday home owners are now set to face higher land tax obligations. The announcement of higher land tax feels poorly timed given we’ve just experienced the largest and most rapid interest rate-tightening cycle on record […]
The post Ep #85 – Concerns higher land tax in VIC will ultimately hurt renters first appeared on Long Property.
The 3 per cent assessment rate buffer doesn’t feel appropriate anymore. Maybe for new borrowers looking to purchase and take on debt for the first time, but not for existing mortgage holders simply looking to refinance, to get a better deal, when they’ve already demonstrated an ability to repay at higher levels. Most borrowers even […]
The post Ep# 84 – Will the 3 per cent buffer go soon first appeared on Long Property.
It feels like this could be the beginning of the end for cashbacks! In the past week there have been three lenders including a big-4 bank withdraw their offers. My sense is that it will create an opening for smaller lenders to pick up market share again, and there’s no doubt it will reduce the […]
The post Ep# 83 – Farewell cashbacks first appeared on Long Property.
As reported in the AFR numerous property data analysts including CoreLogic, SQM Research, Proptrack and RBC Capital Markets have all suggested house prices have bottomed in Sydney and Melbourne amid a growing number of indicators showing upturns. There has been a rise in prices, starting at the higher-end, demand is outstripping supply in key markets […]
The post Ep #82 – Have we reached the bottom first appeared on Long Property.
Property valuations are a key piece to the mortgage finance puzzle. A positive valuation can provide the option of transacting with less cash, and a negative valuation can be disastrous – either creating a shortfall in settlement funds, or preventing borrowers from being able to switch banks. Over the years we’ve seen all sorts of […]
The post Ep #81 – Securing good property valuations first appeared on Long Property.
Are we done now with rate rises?! The RBA yesterday paused for the first time since its interest rate tightening campaign began last May. The bank wants to avoid crushing the economy and take more time to assess the lag impact from their 10 consecutive rate rises now implemented. Despite strong employment there is mounting […]
The post Ep #80 – RBA hits pause but further rises might be needed first appeared on Long Property.
Over 90 per cent of our loan volumes at Long Property have gone to the big banks recently. But that hasn’t always been the case… around the time of the banking royal commission it was only around 50 per cent. In today’s show we discuss some of the differences we’ve noticed between major vs. non-major […]
The post Ep #79 – Choosing between major vs. non-major banks first appeared on Long Property.
Banks are fighting hard at the moment to more forcefully defend their mortgage portfolios, amid an industry-wide competitive battle for people who are switching banks. In today’s podcast we discuss how to negotiate with your existing lender to ensure you don’t end up overpaying on your mortgage unnecessarily. The systems and processes and people involved […]
The post Ep #78 – How to negotiate a better deal first appeared on Long Property.
How can you increase your borrowing capacity? With average capacity having fallen c 30 per cent since May last year, it’s an important question. There are many factors within the borrowers’ control which can drastically influence the outcome. For example choosing the right lender who can look at particular income or exense items in more […]
The post Ep #77 – Tips for increasing borrowing capacity first appeared on Long Property.
The amount a lender will offer – ‘borrowing capacity’ – is very high on the priority list for borrowers now. So which banks tend to offer the most money… is it the mainstream funders with broader credit policies, is it the non-banks who aren’t governed by APRA, or is it the new fintech lenders who […]
The post Ep #76 – Which banks offer the best borrowing capacity? first appeared on Long Property.
You may be wondering how do mortgage brokers secure their own loans. Surely they get the best deals, preferential treatment, quick/ smooth experiences… those sorts of things. Well Dan just refinanced two of his own home loans, and he also applied for construction finance. In today’s podcast we discuss how he went about it and […]
The post Ep #75 – How I secured my own loans recently first appeared on Long Property.
The Long Property Show is back and this week we discuss the topic of renovations. For some, this means a cosmetic update of their kitchen and bathroom, while for others they are stripping the house to its bones and starting from scratch. Obtaining finance for each respective body of work can be very different, and […]
The post Ep #74 – Are renovations really worth it first appeared on Long Property.
Be careful of lodging multiple finance applications, in quick succession, implying that you can’t get finance, or you’re desparate for cash. What’s more common though are clients who have gone direct to a bank for pre-approval, but then come to us (Long Property) afterwards, either for better service, cheaper interest rates, more money, etc. In […]
The post Ep #73 – Do multiple loan apps damage your credit score? first appeared on Long Property.
With the decline in borrowing capacity over the last nine months we have seen more and more clients ask us about the idea of partnering with a friend or a family member in order to buy a property. This may seem like a great idea initially as there is likely to be a substantial uplift […]
The post Ep #72 – Pros & cons of JV property deals first appeared on Long Property.
Today we discuss the difference between principal & interest (P&I) and interest only (IO) repayments. What are the typical differences for each? How will each impact your monthly cashflow? Is paying down debt wiser in all cases and why you might choose to pay interest only even on homeloan debt? Like with most things in […]
The post Ep #71 – When to choose Interest Only vs. P&I first appeared on Long Property.
Not everyone realises the potential benefits associated with releasing equity (e.g. getting ‘cash-out’) from their property portfolios. It may be to pursue investments or to improve their homes. It may be to provide gifts for family members, or to pay for school fees, or to buy a new car, or even to just act as […]
The post Ep #70 – Releasing equity – how & why? first appeared on Long Property.
In today’s show we review the expert predictions on interest rates and housing market forecasts for 2023… some positive, some not so positive. There are logical arguments and very plausible outcomes on both sides. And we welcome back Patrick!! Happy holidays! — The Long Property Show provides general information only and has been prepared without […]
The post Ep #69 – Expert predictions for 2023 first appeared on Long Property.
Today on the show we discuss why the effects of the recent RBA interest rate rises have been slow to affect the housing market and the broader economy. During the pandemic as a result of the restrictions imposed many Australians built up large savings balances or got ahead on their mortgage commitments. This wealth boost […]
The post Ep #68 – Unpacking the lag impact of interest rate rises first appeared on Long Property.
Does it still make sense to invest in property when Interest Only investment rates are starting to edge towards 6.0 per cent, and buyers could be tens of thousands of dollars out of pocket each year just holding such properties? Today we discuss the potential merits of residential property investment now that opportunities are beginning […]
The post Ep #67 – Do the economics of property investment still stack up? first appeared on Long Property.
Unfortunately loyal clients who haven’t reviewed their loans recently are being disadvantaged. Reasons for this include a lot of lenders now offering stronger discounts to attract new clients, and in some cases certain lenders also repricing their back books. To get the best rate it pays to shop around, and also to refinance from time […]
The post Ep #66 – Loyal borrowers disadvantaged and the mortgage prisioner first appeared on Long Property.
The NSW government has just passed the First Home Buyers Choice stamp duty reform. This now gives first home buyers a choice between paying a lump sum stamp duty payment or an annual tax of $400 +0.3% of their property’s land value. We discuss what it might mean for property buyers and the broader market […]
The post Ep #65: NSW Stamp Duty Reform first appeared on Long Property.
Changing lending conditions calls for updated strategies and a long-term approach when purchasing your own home. In today’s discussion we focus on rentvesting and how you can get into your dream home in the medium term, even if you are constrained by borrowing capacity in today’s higher interest rate environment. — The Long Property Show […]
The post Ep #64 – Securing your dream home when the banks are holding you back first appeared on Long Property.
Today we discuss how to secure a reliable pre-approval in an upwards trending rate environment.
The post #63 Safe pre approvals in a rising rate environment first appeared on Long Property.
In today’s podcast Paddy quizzes me on my first job after uni – investment banking – and we discuss how this has benefited our clients at Long Property. So we’re flipping things around. Rather than me learning about you (our clients), you can learn a bit about me. The only other time I’ve done this […]
The post Learn a bit about Dan first appeared on Long Property.
Yesterday I had the great pleasure of speaking with Grant Samuel (partner – Kay & Burton) about the local property markets in Toorak, Malvern, Armadale and Caulfield North. He provided insights on recent price movement and clearance rates and he also spoke about the housing trends which he has seen come about directly as a […]
The post At the coal face with Grant Samuel first appeared on Long Property.
The Long Property team recently spoke with risk insurance specialist Scott Dawes (partner – Long Property Protect) about some BIG changes to income protection policies that will soon affect claims, policy terms & conditions, etc. Whether you have a stand-alone policy or your income protection sits in Super, regular reviews are very important to ensure […]
The post Big changes coming to income protection insurance first appeared on Long Property.
Sometimes, our clients have been told ‘no’ elsewhere – because either their income situation or various commitments/ liabilities were too complicated to tick all the boxes and meet credit policy. It is in these scenarios the true value of a broker is seen – a broker knows how policies differ between banks, they can leverage […]
The post Turning no into yes - 5 case studies demonstrating the value of brokers and the nuances of lending first appeared on Long Property.
Many clients have recently asked us where interest rates are going. It is a great question – the RBA is guiding no changes to the cash rate for another few years, but the money market is suggesting otherwise as the economy potentially recovers post-COVID, and many housing markets across Australia are on the rise. We […]
The post Are interest rates going up or down? first appeared on Long Property.
It’s not uncommon for home loan applications to require upwards of 15 supporting and application documents. So when we first heard there were new lenders who required NO SUPPORTING DOCUMENTS, we were a bit sceptical… But then one such lender was recently acquired by a big-4 bank for over $250 million, so we became very […]
The post How Fintech is disrupting the mortgage industry first appeared on Long Property.
We’ve seen a number of quite alarming headlines recently that there’s going to be a wave of mortgage defaults in September/ October once the relief measures like Jobkeeper and loan repayment deferrals end simultaneously. In this episode of the Long Property Show myself and Patrick provide a more calming perspective… Enjoy the show! ——————————————————————————– The […]
The post Mortgage defaults come September? first appeared on Long Property.
Podcast by Daniel Gold & Michael Yardney I had a great chat with Michael Yardney today. He runs Australia’s largest buyer’s agency and he is widely regarded as Australia’s leading property investment adviser. I wanted to pick Michael’s brains on a key problem many of my buyer clients are talking about at the moment… “there’s […]
The post Michael Yardney – the properties NOT on realestate.com.au or Domain first appeared on Long Property.
In today’s podcast I discuss the bank changes we’ve seen over the past 5 days in response to Covid. In short, many banks are making it harder again, particularly for borrowers in the hard hit sectors – tourism, hospitality, entertainment and retail. In fairness, only a small number of banks have already announced Covid related […]
The post Banks tightening again in response to Covid first appeared on Long Property.
There’s no doubt that we are in interesting times, with COVID-19 dominating all aspects of life. To keep you informed on how this may affect lending and property, we’ve put together this podcast. Firstly stay safe, listen to the experts and don’t panic. This is true for lending: • It is business as usual from […]
The post Coronavirus - impact we're seeing in lending and property first appeared on Long Property.