Just another WordPress weblog
Australian commercial property, at least the $131 billion of commercial property transactions tracked by the Property Council of Australia, delivered a total return of 10.5% in 2011.
This figure is based on 7.5% income return and 2.8% capital growth was well ahead of the returns from equities and real estate investment trusts.
Hotels delivered the stand out performance at 17.8% for the year.
The latest round of interest rate rises has effectively changed forever the framework of mortgage lending in Australia.
The major banks have now clearly informed their customers that going forward they will move interest rates out of cycle with the RBA. In fact not only will they moving independent of the RBA, they will also now move independently of each other. This means that while their standard variable rates were, for a generation , on par with each other, they are unlikely to ever be so again.
Increased funding costs, subdued credit growth and fierce competition for new customers has created this scenario in the world of retail banking.
Prior to these interest rate hikes, there was a 14 basis point divide between the SVRs of the major banks. Today this divide has increased to 15 basis points.
NAB | 7.31% (+0.09%)
ANZ | 7.36% (+0.06%)
CBA | 7.41% (+0.10%)
Westpac | 7.46% (0.10%)
The unintended consequence of this new banking scenario is that borrowers will now, more than ever before, require the assistance of a professional mortgage broker when applying for a new loan or having their existing loan reviewed for its ongoing suitability.
This is where our combined experience of over 80 years can help those in achieving the best possible outcome no matter what type of loan they require.
Remember:
There is no substitute for experience…
…
To borrow $2.7m against his life insurance policy to hire the management team he knew the company needed. He knew without his ‘Dream Team’ McDonalds would never fulfil it’s potential.
His success is now the stuff of legends. 31,000 restaurants worldwide speaks for itself.
So let me ask you… What could you do if you had access to capital? Are there people you want to hire? Plant and equipment purchase? Is there an oppurtunity to purchase a competitor?
Our reserch shows that Australian small businesses list “access to capital” as their main barrier to growth.
AAA can show you:
- How to prepare a business so that it is “investor ready”
- What the number one factor investors will look for in any business.
- What the 3 core drivers of valuation are and how you can maximise the valuation of your company.
Business Fixed Rate Loan
Product:
1 year – 6.11% | 2 years – 6.67% | 3 years – 7.01% | 4 years – 7.52% | 5 years – 7.90%
Establishment Fee
0.5%
LVR
80% secured on residential & 70% secured on commercial. Must be secured by property.
Minimum Loan size
$50,000
AAA recently attended a workshop, which centred on the new PPS Reforms. In summary:
Personal Property Security Reform (PPS)
The Amalgamation of 28 separate registries into 1 (PPS) began on the 30 January 2012. In essence, Lenders or suppliers of personal property must register their interest.
What is personal property?
Personal property is most things except land and fixtures, e.g.:
Common Transactions
The Big Change
Title in personal property can be transferred by someone who doesn’t own the property unless the security interest has been registered. You must register your interest or you could loose ownership, especially if your client goes into default.
Low Doc Equipment Finance $50,000
In the past, clients have been able to finance new motor vehicles up to a $100,000 without financials.
AAA can now finance up to $50,000 of new equipment on Lease, CHP, Chattel Mortgage or Rental without the need of 2011 financials.
It’s as simple as completing a 2 page application.
How does financing help your business?
An equipment finance loan is at a fixed rate, so you know exactly how much it’s costing you each month. Your cash flow and working capital is preserved. If you’re thinking about new equipment for your business, we can provide you with instant quotations and fast approvals for all types of equipment.
If you’d like to know more about our equipment financing service,
please call us on 02 9299 1144.
‘AAA’ funded this recently completed retail/ residential complex at 8.95% with 30% pre-sales.
Would you like a quote on your next project?
AAA is still settling Commercial Loans since 1988 and still is the best Commercial Aggregator in Australia, MFAA membership #5.
Remember, “Continuous effort, not strength or intelligence, is the key to unlocking our potential” Winston Churchill.
AAA Commercial Mortgages has been appointed an approved originator by an Australian Fund Manager looking to invest in larger Commercial, Industrial and Retail Properties throughout Australia.
Loan size from $5,000,000 to $35,000,000, LVR up to 75% & 1.1 times interest cover.
“Remember, the road to success is always under construction”
‘AAA’ Commercial Mortgages
Ph: 02 9299 1144
Fax: 02 9299 1565
Level 1, 50 York St
Sydney NSW 2000
advise@aaamortgages.com.au
www.aaamortgages.com.au
Click link for application form:
http://www.aaamortgages.com.au/downloads/loan-application-form.pdf
John Macalyk
0418 253 573
john@aaamortgages.com.au
Ray Cooper
0400 302 299
raycooper@aaamortgages.com.au
Kevin Wheatley
0407 925 956
admin@aaamortgages.com.au
AAA Commercial provides a hassle-free way to
finance your business assets.
When your business needs new assets, it helps to have experts making sure you get the right finance.
Business Express Loans < $70,000
If you are replacing an existing contract or looking to purchase new vehicles or equipment.
‘AAA’ Commercial Mortgages
Ph: 02 9299 1144
Fax: 02 9299 1565
Level 1, 50 York St
Sydney NSW 2000
advise@aaamortgages.com.au
www.aaamortgages.com.au
“Remember, the road to
success is always under
construction”
John Macalyk 0418 253 573
Ray Cooper 0400 302 299
Kevin Wheatley 0407 925 956
Commercial Loans from $100,000 to $50,000,000
Commercial Loans available to 70 % LVR; rates from 7.75%
If refinancing or purchasing, Funder will absorb Valuation Fee, Stamp duty, Mortgage duty, Legal Fees up to $50,000
AAA has access to over 15 Construction Lenders mezzanine finance and equity participation for New South Wales, Victoria; Brisbane; South Australia; Western Australia, Northern Territory and Tasmania
AAA Commercial Mortgages leads the way with over 75 Non-Bank Lenders
| Settled loans: | |
| $3,450,000 | Motel in Sydney South |
| $3,500,000 | Guest House in Southern Highlands |
| $9,250,000 | Construction Maroubra |
| $3,100,000 | 60 Foot Cruiser Sydney Harbour |
| $190,000 | Company Title Commercial Unit |
| $1,500,000 | Vaucluse Home Purchase, Overseas income |
| $150,000 | Retail Shop, under 50 square metres |
| $2,800,000 | Construction 4 Townhouses, no pre-sales |
| $2,000,000 | Leasehold security, 10 years Lease Sydney CBD |
| $1,000,000 | 3 Townhouse Construction, Tasmania |
For confidential enquiries please contact Ray Cooper on 0400 30 22 99, Kevin Wheatley on 0407 925 956 or John Macalyk on 0418 253 573.
|
|
||
Did you know that from 1 July 2010, for NSW purchases, if you buy a property with a price that exceeds $500,000 you will need to pay more tax!!
The tax is similar to stamp duty with the amount payable increasing with the price payable. The purpose of the tax is to ensure that there are sufficient funds available when a person loses land or suffers damage or loss through fraud or error under our system of land registration. The funds collected will go into the fund from which compensation is paid.
The table below shows some examples:
|
Purchase Price |
Total Levy |
|
$500,500 |
$5 |
|
$600,000 |
$204 |
|
$750,000 |
$504 |
|
$1,000,000 |
$1,004 |
|
$1,500,000 |
$2,250 |