PIPA In the News

Thu
26 Oct
2017

More investors looking for help from mortgage brokers

Recent regulatory changes to the Australian mortgage market have led an increasing number of property investors to turn to mortgage brokers for help securing their finances.

According to a recent survey from the Property Investment Professionals of Australia (PIPA), 73% of investors used a mortgage broker's services to secure their most recent loan – an increase from 65% two years before.

Furthermore, 83% of investors surveyed intended to finance their next loan though a broker – up from 71% last year.

Thu
26 Oct
2017

Mortgage brokers increasingly sought out by property investors: PIPA survey

More property investors are choosing to use mortgage brokers to secure finance, the third annual Property Investment Professionals of Australia (PIPA) Property Investor Sentiment Survey has found in the face of tighter lending conditions.

The national survey, which gathered insights from 742 property investors, found that 73 per cent of investors used the services of a mortgage broker to secure their most recent loan – up significantly from 65 per cent two years before.

And in the next 12 months, 83 per cent of investors intend to finance their next loan through a broker – up from 71 per cent last year.

Thu
26 Oct
2017

What keeps investors up at night and which professionals do they turn to?

The results of an investor survey have shown the things that worry investors the most, along with the most in-demand experts investors are seeking.

The third annual Property Investment Professionals of Australia (PIPA) Property Investor Sentiment Survey has provided an insight into what investors are currently doing in the property market, and how they are thinking about the future of investing.

Fri
13 Oct
2017

Discover hidden secrets and strategies at Sydney Property Buyer Expo

Discover the hidden secrets and strategies of the property market at the Sydney Property Buyer Expo.

With the housing drought breaking recently, more homes are flowing onto the market, meaning now is the time to be well informed with property knowledge.

Whether it is rentvesting, purchasing a house or building a portfolio, Australia's leading and largest property investment event, the Property Buyer Expo (PBE) covers it all.

The expo will be held in Sydney from Friday, October 20 to Sunday, October 22. Some of the most renowned and recognised names in the property industry will be providing invaluable insights on the future of property, innovation and strategies to take advantage of current market conditions.

Thu
12 Oct
2017

Using property to cover your cash flow shortfall in retirement

I wish more Australians knew their retirement shortfall amount and I wish they knew it a lot earlier in life than when most actually start thinking about retirement.

Most people don't start taking their retirement planning seriously until they are in their 50s, yet for many this is too late to make a real difference to their nest eggs.

I think it's because people get overwhelmed by the detail, thinking that calculating such a number is really complex.

Sure, if you want to get down to the dollars and cents, then the calculations do get more complex when you factor in indexation, taxation, compounding interest and time frames. However, there is a simple way you can calculate your retirement shortfall so you can take action.

Tue
10 Oct
2017

Making most of rise in demand

CONFIDENCE in Brisbane's housing market has hit its strongest level in months amid growing belief that a rebalance against southern capitals is under way.

Buyers hit by affordability pains and capital growth slowdown in Sydney and Melbourne had already triggered a flight of capital north, according to experts.

Property Investment Professionals of Australia chairman Ben Kingsley said Brisbane and Queensland were the next best bet given the affordable buying and good yields.

"Sentiment is definitely on the positive side and there is a sense of urgency," he said. "I think it is real. Whether they're owner occupiers or investors, they're now getting FOMO (fear of missing out) ... It's simply very difficult to get another million or more from the bank for a Sydney purchase, but to service $750-800,000 for Brisbane might be easier." Alex Jordan, of McGrath Estate Agents – Paddington, said the market began to pick up inJuly.

Mon
09 Oct
2017

Appetite for property investment remains strong - here are October's cheapest investment loans

Investors still confident in the market. Build your portfolio with a competitive investment loan.

A recent survey by the Property Investment Professionals of Australia (PIPA) found that investors are still confident in bricks and mortar, despite tightening credit criteria and regulatory moves meant to curb investment. The survey found 70% of respondents believed it was still a good time to invest in property, and 61% said they were looking to buy within the next 6-12 months.

PIPA chair Ben Kingsley said that despite these restrictions "most property investors are looking past short-term challenges and are remaining focused on the long-term wealth benefits that are available from residential real estate."

Fri
06 Oct
2017

70% of investors think now is a good time to buy property

PIPA survey suggests lender restrictions are creating major refinancing opportunities for brokers

70% of investors believe now is a good time to invest in residential property, according to a survey by the Property Investment Professionals of Australia (PIPA).

PIPA surveyed 742 investors, finding that 61% were looking to purchase a property in the next six to 12 months, up from 58% last year.

PIPA chair and broker Ben Kingsley wrote the results suggest that "investors have continued to shake off the noise about a property "bubble", concerns about oversupply of apartments and proposed changes to negative gearing to focus on the long-term benefits of property."

Investors have been hit by lending changes, however: 43% said these changes had made it harder for them to secure finance. Whilst interest-only loans have come into the spotlight from APRA and ASIC, more than half of investors with IO loans said they won't struggle to meet principal and interest repayments once their IO period expires.

Fri
06 Oct
2017

Aussie property investors remain bullish

Ben Kingsley from PIPA joins Kevin Turner to discuss the Property Investment Survey outcomes. 

How investors are shrugging off concerns over stricter lending conditions, property price bubbles and over supply.

Download the podcast here

Real Estate with Kevin Turner picture 

Tue
03 Oct
2017

RBA fears property investors could bring the market down

Given the high number of property investors in Australia, the Reserve Bank is worried that if capital growth slows, investors will put their properties on the market and hurt home owners in the process.

It's a logical argument in an environment where capital growth is becoming increasingly difficult to come by. What if investors take their gains and go?

Last week, during a panel discussion in Sydney hosted by Lander & Rogers and Westpac, Reserve Bank assistant governor Michele Bullock spoke about the "human costs" of financial instability, which has become one of the biggest concerns for the central bank.

"House prices aren't the issue," Ms Bullock said, adding that the behaviours driving market outcomes are what the RBA is looking at more closely.

 

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