PIPA In the News

Thu
27 Oct
2016

Brokers look to property investment advice

A property investment industry association has said mortgage brokers are increasingly undertaking property investment advice training to help service their clients.

The Property Investment Professionals of Australia (PIPA) has said that over the year to September 2016, the number of students enrolled in its Qualified Property Investment Adviser (QPIA) course increased by 36 per cent, with 233 students currently enrolled in the specialist qualification.

According to PIPA chair Ben Kingsley, more practitioners, including brokers, are seeking to incorporate qualified property investment advice into their service offering, despite the fact that the provision of property investment advice continues to go unregulated by the federal government.

Tue
25 Oct
2016

Financial planners look to property advice

Financial planners are among a range of practitioners increasingly seeking to gain a qualification in property investment advising as demand from clients increases, an industry body has found.

In a statement yesterday, the Property Investment Professionals of Australia (PIPA) said the number of students enrolled in its Quality Property Investment Adviser course had increased 36 per cent over the year to September.

PIPA chair Ben Kingsley said there were several catalysts driving the surge in enrollments.

Fri
21 Oct
2016

More practitioners seek property investment advice qualification: PIPA

 With the provision of property investment advice continuing to go unregulated by the Federal Government, the Property Investment Professionals of Australia (PIPA), is experiencing strong demand for its property investment advice course as practitioners from a range of backgrounds seek to incorporate qualified property investment advice into their service offering.

Over the year to September, the number of students enrolled in PIPA's QPIA (Qualified Property Investment Adviser) course increased by 36 per cent, with 233 students currently enrolled in the specialist qualification.

PIPA Chair Ben Kingsley said it was encouraging to see professionals opting to proactively increase the professionalism of the property investment industry.

"Although property investment advice still remains unregulated, we are committed to driving higher standards to protect consumers and ensure they benefit from the wealth creation benefits that well-selected, strategic property investment can bring.

Wed
12 Oct
2016

Sydney no longer investors' top choice

After four years of booming house prices, Sydney is no longer hailed as the best place to buy and invest in Australia, according to a survey of 1000 property investors by the Property Investment Professionals of Australia (PIPA).

With the median house price in Sydney hitting $1,021,968, many investors now see it as too expensive.

"Affordability will always be a key factor for investors and right now Sydney is hitting price points that are unprecedented," said Buyside property investment specialist Josh Masters.

Mon
10 Oct
2016

Just one in 10 investors think Sydney is the best place to buy

Just one in 10 investors believe Sydney is the best place to buy in Australia, a new survey shows. Experts say the city is too expensive, even for property moguls, and they’re buying in Queensland instead.

After years of booming prices, property in the harbour city is no longer at the top of investors’ wish lists, a survey of 1000 property investors by the Property Investment Professionals of Australia (PIPA) found. 

But the appetite for real estate hadn’t waned – 71 per cent still believed it was a good time to invest in property.

Mon
10 Oct
2016

Property investors snub Sydney for Brisbane real estate

Investors are snubbing houses in Sydney for Brisbane's higher rental returns, according to a recent survey quizzing those already on the property ladder.

Property Investment Professionals of Australia (PIPA) reached out to over 1,000 property investors, and half of them expressed that Brisbane was their preferred place to buy. Only a mere 11% believed Sydney was worth it.

"Property investors are becoming more savvy. Many of them continue to look outside of our biggest property markets - Sydney and Melbourne - which are coming close to the peak of their cycles," said PIPA Chair, Ben Kingsley.

Sat
08 Oct
2016

Property spruikers targeting vulnerable consumers with dodgy-rent-to-buy-schemes

AUSTRALIANS more than anyone understand the desire to own your own home. It’s your castle.

But property spruikers who prey on these desires, and leave The Great Australian Dream devastated, are on the rise and ripping people of their life savings in what a new report labels ‘The Black Housing Market’.

The Consumer Action Law Centre’s (CALC) report Fringe dwellings: The vendor finance and rent-to-buy housing black market, highlights the devastation caused by dodgy rent-to-buy property deals, and is calling for major law reform to protect consumers.

“These black market housing schemes promise the Australian dream of home ownership without a bank loan,” said Gerard Brody, CALC CEO.

Mon
03 Oct
2016

Property investor confidence strong

Despite talk of property price bubbles, tightening investor lending policies and roaring debate over the future of negative gearing, Australian property investors remain bullish about the long-term merits of residential real estate, a new survey has found.

The second annual Property Investment Professionals of Australia (PIPA) Property Investor Sentiment Survey, which gathered insights from more than 1,000 property investors, shows that more than 70% of respondents think now is a good time to invest in property.  This figure was up by five percentage points compared with last year. 

While 32% of investors say that recent changes to lenders' investment policies have affected their ability to secure finance, 58% are nonetheless looking to buy a property in next 6-12 months.

Mon
03 Oct
2016

Investors unperturbed by market noise

The Property Investment Professionals of Australia (PIPA) second annual Property Investor Sentiment Survey has shown that despite talk of property bubbles, tightening investor lending policies and roaring debate over the future of negative gearing, Australian property investors remain bullish about the long-term merits of residential real estate.

The survey, which gathered insights from more than 1,000 property investors, has revealed that more than 70% of respondents think now is a good time to invest in property - a five point increase on last year's figure.

While 32% of investors say that recent changes to lenders' investment policies have affected their ability to secure finance, more than half (58%) said they were looking to buy a property in the next six to 12 months.

Wed
21 Sep
2016

Broker tips market share to surge

One of the industry’s top loan writers says brokers’ ownership of the market is likely to burgeon in the next 12 months, as more customers turn to the third-party channel.

Speaking to The Adviser, George Samios of MADD Home Loans said he predicts that brokers’ market share is likely to reach approximately 63 per cent over the next 12 months.

“I think it’s going to continue growing as more and more people like myself are advertising what we do and educating Australians that mortgage brokers are a good thing,” he said. “More and more people will start to use brokers.”

 

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