Paradigm members can now offer clients property investment opportunities Down Under

Paradigm members can now offer clients property investment opportunities Down Under




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Mortgage partnership proposition, Paradigm Mortgage Services, has announced its partnership with specialist property investment company, Forrester Cohen, to provide an opportunity for its members to promote fully-managed, buy-to-let property investments in Australia. 

This new service is said to be aimed at UK professional buy-to-let landlords and those clients looking for potential investment opportunities overseas. 

 

The exclusive arrangement provides Paradigm members and their clients with access to Forrester Cohen’s expertise in the Australian property investment market, which includes full training plus comprehensive support material focused on arranging finance, legal and accountancy services, tenant sourcing, property management and ongoing portfolio services.

 

Forrester Cohen will work with Paradigm members and their clients to ensure a safe and secure property purchase in Australia, plus provide ongoing support and expertise to help build the property portfolio.

 

Unlike in the UK, Forrester Cohen can readily access mortgage finance in Australia with products available up to 80% LTV, plus interest-only options with deals up to 25-year terms, rental income used for affordability and a simplified underwriting process.

 

Paradigm members will also benefit from attractive commission rates with an average commission amount of £5k for each property purchase.

 

John Coffield, Head of Paradigm Mortgage Services, commented: “The buy-to-let market in the UK is suffering at present, with access to mortgage funding at an all-time low, meaning serious investors are unable to add to their portfolios as in the past. However, the Australian property market is particularly attractive for investors with a number of key drivers making it the market to watch despite a slowing economy.”

 

Tracey Hegarty, Business Development Director of Forrester Cohen, said:“Property, used correctly, offers excellent wealth creation potential.The Forrester Cohen proposition is based on purchasing Australian residentialproperty, where the market enjoys excellent occupancy rates, high yields and offers a buoyant resale market, with genuine opportunities for portfolio building.”

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