How we helped a client with a Luxury “Off the Plan” Residential Purchase – Investment

An existing client had contracted to purchase a high end luxury inner city apartment.

Challenges Faced

Lenders impose maximum Loan to Value Ratios (LVR) based on specific postcodes, which includes inner City Melbourne.

Income assessment required significant workshopping, a clear and lateral understanding of bonus and other income, together with income forecasting to make the proposal work.

Outcome

Having access to a wide range of Lenders allowed us to leverage more than one Lender against each other to compete and provide a preferred outcome for our client.

A delighted long-term client who now owns a pre-eminent apartment investment in inner city Melbourne.