Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

'Must-read, must-follow, one of the best analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Markets & Economics Editor, Sydney Morning Herald.

'I've been investing 40 years & still learn new concepts from Pete; one of the best commentators...and not just a theorist!' - Michael Yardney, Amazon #1 bestseller.

Friday 15 March 2019

Banks return to property lending

A very concise and sensible summary here, from Stuart Wemyss:


In case you are paywalled out, the key points are that serviceability has made it much harder for investors to get loans across the line. 

That's especially been the case for high-LVR or interest-only mortgages.

Where lenders still need to do some fine-tuning is on the categorisation of discretionary and non-discretionary expenses.