65%
71% 2% 3% 3%
3%
How do you intend to secure finance for your
How did you secure your
last investment loan?
3%
next investment loan?
4%
27% 19%
WHAT INVESTORS WANT FROM THEIR LENDERS
IN NEED OF ADVICE
In 2015 banks drew a line between investors and owner-occupiers, giving the latter more preferable interest rates. PIPA’s findings suggest that investors want that situation reversed; two thirds of investors would go for a lender willing to take that step. The report also suggests that interest-only loans continue to be enormously popular in the investment space.
Brokers are among the top professionals that investors turn to for property investment advice:
YES
80% 70% 60% 50% 40% 30% 20% 10% 0%
YES
Unsure NO Would you choose a lender or refinance with a lender if they offered the same interest rates for investors as owner-occupiers?
NO Unsure Would you choose a lender that offered the option of an interest-only repayment period, as opposed to a lender that didn’t?
1
Property investment adviser
=2
Mortgage broker
=2
4
Buyer’s agent
5
Property educator/coach
Accountant
Interesting, 93% of respondents believed that any person providing information or advice on investing in property should have some level of formal property investment training. Source: PIPA Annual Investor Sentiment Survey 2016
www.mpamagazine.com.au
08-09_Stats_SUBBED.indd 9
9
28/10/2016 12:28:17 PM