Ben Anson
Mortgage Broker Sydney, North Sydney, Mosman
Professional achievements
Elite Performer 2008 – 2009
I have worked in the financial services industry as a broker and management consultant since 1989, and as a business owner myself I have developed a depth and breadth of industry knowledge that is pivotal in enabling me to succinctly understand the needs of my clients. Buying or refinancing a property, whether it is residential or commercial, is an emotional experience for many; as your dedicated mortgage broker, it’s my job to bring some objectivity to the process and find out exactly what you need and want from your home loan. That way I can better determine the loan structure that will meet your needs now and in the future.
Refinance
I have clients across the county and overseas, but no matter where my clients are, the most common question I am asked is: “…have I got the best loan?” The lending industry is constantly developing and changing so it’s no always an easy answer, but I encourage regular reviews to ensure the finance you have remains in your best interests. If you do need to refinance, I use my reputation within the industry as a provider of quality loan applications to negotiate a favourable deal for you. Depending upon the loan size and structure, I am often able to negotiate competitive rates that clients themselves would not have gained access to.
Residential home loans – Purchasing, Refinancing and First Home Buyers
Negotiating loan structures that enable you to maximise your home loan is my speciality. Whether it be a combination of fixed and variable; introductory and/or discounted professional packages, I have the knowledge required to ensure you secure the right home finance option for your property purchase. I am equally knowledgeable and approachable whether you are a first home buyer navigating the property and mortgage maze, or seasoned veteran who has bought and refinanced properties previously.
Corporate entities, discretionary, unit and hybrid trusts
Creative and complex financial structures require in-depth knowledge for proper handling; knowledge not all lenders posses. Whether it be lending to a corporate trustee of a family trust, or a professional’s property portfolio that includes multiple properties and lenders, I have the background and knowledge in investment management and finance required to ensure your loan structure is set-up correctly. I work closely with your accountants, lawyers and financial planners to ensure that your loan structure is in synch with your overall investment and financial plans, and does not jeopardise your tax position nor investment plans.
Stamp duty
Few borrowers understand the complexities of stamp duty and how this affects the purchase price and loan on their property, even if you are simply refinancing and not settling on a completely new property. As part of the loan process, I provide all the necessary paperwork if you are entitled to an exemption from or concession of stamp duty, and submit this to the Office of State Revenue on your behalf. Particularly if you are refinancing, this can save you a considerable amount of money – something not all advisors are aware of.
Commercial and property development finance
The area of commercial finance is a specialists’ domain. I have a thorough understanding of the financials involved including company and trust structures, and have access to a number of commercial finance lenders able to provide competitive business finance solutions. Over the years I have built up strong relationships with property developers and commercial real estate agents which has opened up numerous business opportunities for clients in the past.
Real Estate business finance
A rapidly growing niche market which required the attention of a specialist mortgage broker is finance for owners of real estate agencies and property management businesses. Finance is secured against the business assets only, rather than security over property, for example. Lenders have differing ways of calculating the value of a property management business, and each lender in this unique segment of the market will lend to differing values of the business.
Self Certifying (low document), construction and multiple borrowers
With access to loan products from every major residential, commercial and business bank and lender in Australia, I am confident that a solution to a client’s needs will always be met. Whether a client has financials or not, is self employed, PAYG, a sole proprietor or director of a Pty Ltd company; is buying a property in their name or via an entity such as a family trust, or requires the support of a family member, I work with a large range of lenders and loan products to suit all these situations. I am also experienced in sourcing additional, last-minute finance to cover the unexpected extras that sometimes arise, particularly when you are building your own home or undertaking major renovation works. I take great to ensure you fully understand the process of creating a new finance facility, working with you and the lender to ensure everyone’s requirements and dreams are met.
First home buyers dominating market
Undeterred by the looming recession and threat of rising unemployment, first home buyers led the strong recovery in mortgage sales in February, according to results reported by the main bank lenders in this sector.
Our new Beecroft office has recorded a 70% jump in first home owner enquiries and pre-approvals for mortgages in the month of February. Total loan volumes have increased 26% in January from one year earlier.
Progressively increasing from a low of 10.6% in April 2008, first-time buyers accounted for 26.1% of national mortgage sales for the mainstream bank lenders in February 2009. The leading area for first home buyers was NSW, accounting for approx. 34.5% of all mortgages established by banks, followed by Victoria at 26.8% and Western Australia at 15.6%.
Variable rate home loans most popular
Fixed rate mortgages fell from 27.3% of loans in November 2007 all the way to a low of 2.5% last month, according to some banks. Variable rates are the popular choice amongst most borrowers as many appear to continue to hope that rates will fall further. At the time of writing, introductory variable rates start from around 4.39%. When rates look to settle and or are on the rise, a borrower may always switch or convert some or all of their loan over to one or more fixed rate loan options with the lender.
Introductory or honeymoon rate home loans
Whilst introductory or “honeymoon” rates have not received praise from the general press in recent years, several lender’s loan products that incorporate this facility are extremely competitive with minimal fees – particularly in an environment with reducing interest rates. Meanwhile, sale of introductory rate home loan facilities grew from 4.7% in December 2007 to a high of 21.8% last month with the major bank lenders.
Customers
I offer an enthusiastic, professional and attentive service and have seen my business grow with the support of satisfied clients and their referrals. I work hard to facilitate the right finance for your situation. I am dedicated to promoting and developing my business and determined to provide clients with increased support and resources. Many of my clients are in Sydney CBD, Mosman, North Sydney, across the North Shore, Northern Beaches and Hills District.
- State: New South Wales, NSW
- Broker region: Hills District
- Suburbs: Sydney, North Sydney, Mosman
- Ben Anson provides mortgage broking services in suburbs including but not limited to: Sydney, Sydney CBD, Mosman, North Sydney, North Shore, Northern Beaches, Hills District, Kellyville, Castle Hill, Surrey Hills,