A lot of PC and old SS members would have loans with AMP, given they did dominate the investment space a few years back with their servicing and low fix rate. For a limited time till 30/9 there is a special offer for existing investors with significant relationship with AMP ( TBH not sure how they rate and determine the "significant relationship " part ...but i would guess +2 investment loans? or over $500,000 in IP" Note ( general advice only) This is NOT an offer i would take up lightly. 1. Fix rate will lock you in....you will NOT be able to take out equity ( especially with AMP- no more equity for IP till advise) 2. Break cost to sell 3, if you can refinance with your servicing , i would consider that over AMP 4. Tax consequences - ie redraw/ offset etc... 5. It's an ok fix rate....still some around that's lower for IP...but the offer is decent given the current market 6. Consider your interest only terms left to go etc... Why is AMP offering this? most likely due to the amount of ppl refinancing out of AMP lol... Lastly if in doubt, speak to your broker or banker first + speak independent advice from your accountant as required. Planning ahead is key, Short term pain for long term gain. ===== Special offer for investor property lending customers with a significant relationship with AMP Around 4,000 investor property lending customers have been identified as having a recognised relationship with AMP. To help these customers manage the changes to investor lending rates, they are being offered the opportunity to fix their investment loan into a one, two, three or five year rate, to which the increased rate of 0.47 per cent does not apply. These customers can choose from: -4.55% pa for 1, 2 or 3 years, or -4.99% pa for 5 years. SMSF loans customers with a recognised relationship can choose from: -5.64% pa for 1, 2 or 3 years, or -6.04% pa for 5 years. How do eligible customers take up the offer? Customers eligible for the special offer will receive a letter this week outlining the changes to variable and fixed interest rates and their exclusive offer. Customers need to confirm they wish to take up the offer prior to 30 September.