Roughly 36 per cent of investors would accept an offer from a rival lender for only a marginally better rate, according to the 2020 PIPA Annual Investor Sentiment Survey. Chairman Peter Koulizos said investor and interest only pricing remained well above owner occupier loans despite recent falls. The survey also found about 8 per cent of investors paused mortgage repayments during lockdown, and three quarters of those did not extend the arrangement.
Reported by
Emma Ryan, Smart Property Investment, 19 October 2020
PIPA has summarised this coverage for members. Copyright in the original article remains with its publisher.
