In the last couple of years there has been many changes to SMSF (self managed super fund) lending. Lenders have decreased lending from 80% of the purchase price to 70% plus they have added liquidity rules and minimum superannuation balance amounts are now a mandatory requirement for most lenders. If you have purchased a property inside SMSF and the property is not yet complete, I encourage you to touch base with the Kaboodle Team for a pulse check to assure you are still on the right track to settle your purchase.
Whilst investment lending as a whole is tough at present, it is not forever. This is a stage of correction and will pass.
