Join Australia's most dynamic and respected property investment community

Suncorp changes

Discussion in 'Property Finance' started by smallbuyer, 31st Jul, 2015.

  1. smallbuyer

    smallbuyer Well-Known Member

    Joined:
    25th Jun, 2015
    Posts:
    110
    Location:
    WA
    Hello,

    Any seen or heard anything from suncorp? Increased rates, restrictions etc? Do people think they will jack up rates for existing customers?

    Cheers

    Smallbuyer
     
  2. benvolio

    benvolio Member

    Joined:
    22nd Jun, 2015
    Posts:
    13
    Location:
    Sydney
    got an email from my broker advising to lock ... i have 3 IPs with suncorp
     
  3. smallbuyer

    smallbuyer Well-Known Member

    Joined:
    25th Jun, 2015
    Posts:
    110
    Location:
    WA
    looks like they have made a move .27% from 31/8 :(
     
  4. striple

    striple Active Member

    Joined:
    31st Jul, 2015
    Posts:
    30
    Location:
    Sydney
    Crap if I rang them up today and changed to fix, will the fix rise too or am I safe?
     
  5. striple

    striple Active Member

    Joined:
    31st Jul, 2015
    Posts:
    30
    Location:
    Sydney
  6. Shahin_Afarin

    Shahin_Afarin Residential and Commercial Broker Business Member

    Joined:
    18th Jun, 2015
    Posts:
    641
    Location:
    Sydney
    Unless you are neurosurgeon making $600,000 per annum - you are really snookering yourself by fixing your loans with Suncorp. They have an ultra conservative policy (some niches though) and even tighter servicing.