Urbantech Finance in Adelaide, South Australia | Loan service

Urbantech Finance

Locality: Adelaide, South Australia

Phone: +61 8 8451 1500

Address: 57 Henley Beach Road, Mile End 5031 Adelaide, SA, Australia

Website: http://www.urbantechgroup.com.au

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25.01.2022 "Homeowners considering selling their Adelaide properties should put them on the market now, industry experts urge. Latest CoreLogic figures reveal there are mo...re than 2700 fewer properties for sale across Adelaide compared to the same time last year. Real estate agents say the lack of properties for sale combined with strong demand have created the ideal selling conditions." See more

25.01.2022 The lending landscape is always changing - here's an update including a selection of our best rates and offers...

23.01.2022 "Mortgage brokers can help borrowers generally navigate the market and can provide borrowers with more granular insights regarding the factors lenders consider in determining discretionary discounts, as they may have access to some information (that is not publicly available) about lenders’ discretionary discounting policies."

15.01.2022 "A significant number of Australian home loan borrowers have not switched lenders for several years, yet they stand to save so much money by doing so. There are factors standing in the way of home loan borrowers switching lenders, such as a lack of clear and transparent pricing, as well as inconvenience and time costs, but for many borrowers switching will be worth the effort. Many "older" home loans carry significantly higher interest rates, which have been slashed due to the unprecedented economic impact of COVID-19."

07.01.2022 Responding to queries from the committee about his views on the proposed changes, Dr Lowe first noted that the principles of the responsible lending obligations that were put into legislation were perfectly sensible where it stipulated that lenders should not approve unsuitable loans and should ensure that borrowers have the capacity to repay their loans. What had happened was that those principles had turned into [around] 100 pages of guidance, Dr Lowe told the committee.... And that guidance, while it wasn’t formal regulation, had been interpreted through the institutions of the regulators or the courts as a form of kind of regulation. My feeling had been that that was a step too far and that there was perhaps an alternative way of keeping those high-level principles, which are perfectly sound, by reducing some of the regulatory burden and unnecessary kind of compliance that was associated with it. https://www.mortgagebusiness.com.au//15194-rba-backs-respo See more