Blog

It’s been a big month for Shore Financial. First, the Royal Commission’s final report made headlines across the country. At the same time, here we were celebrating some big achievements. We’re very proud to have been named #4 in The Adviser’s Top 25 Brokerages for 2019 and to have retained our place as the #1 independent brokerage outside of the franchise groups… and we celebrated our sixth birthday! Here’s what Shore Financial CEO Theo Chambers said about the month.

You’ve found the perfect property but your bank can’t move fast enough on your loan approval and your dream home becomes someone else’s. It’s a scenario that leading Sydney real estate agent, Anthony Puntigam, sees all too often. Anthony, who works in Sydney’s Eastern Suburbs with Phillips Pantzer Donnelley, found that a good solution to this problem is to refer buyers to mortgage brokers he trusts, like Shore Financial.

The team at Shore Financial is so proud that Senior Credit Adviser, Nick Jacobs, has been featured as one of the Adviser’s Top 30 Brokers Under 30.
Nick is no stranger to accolades and his dedication to delivering top results for our clients has led to him being awarded in the MFAA’s Top 30 under 30 brokers in 2017 and the MPA’s Top 40 under 40, in both 2017 and 2018.

Shore Financial is thrilled to announce that we have been ranked number four in The Adviser’s Top 25 Brokerages for 2019. We’re incredibly proud to have been the only independent brokerage in this year’s ranking and to have climbed seven places from last year.

ANZ Research has said that the current housing market downturn won’t have a major spillover effect onto the economy and would be a ‘textbook adjustment’ only. But what does this really mean for anyone considering property investment?

NAB raised its home loan rates on the 24th January. The reason? The bank claims increases in wholesale funding costs have forced it into lifting rates. It means that standard variable loans will increase by 12 basis points to 5.36%. So how will this affect investors and owners?