Broking sector unpacks macro policy impact on property
Low borrowing costs and assessment rates in the home loan market could pose risks to borrowers when asset prices return to fair pricing, according to a commercial broker. During a recent roundtable hosted by Semper, a panel considered whether Australia is in a “state of market buoyancy or misguided state of self-belief”, and discussed the […]
Navigating a ‘phoney economy’
When money has no value, there’s a prevalence of ‘gift lenders,’ and the property market ‘pretends’ to rise, says Semper director Andrew Way. There are several macro-economic factors at play that will have single or collective impacts on the financial services sector. Though we are in the middle of the Budget period, there are elephants […]
Semper announces record month of commercial transactions
Semper, a leading provider of short-term property financing, has announced a record month of transactions. $74 million worth of enquiry was generated in April 2021, with $17m settled, $27m under offer and the rest still in progress. The main drivers of growth have been the property boom, changes in ATO enforcements requiring short-term solutions and […]
The secrets of being a successful broker, according to experts
Mentoring is one of the best ways to get ahead in the broking industry, and one could not have asked for a more experienced panel than that which sat down at the Four Seasons in Sydney for “The secrets to being a successful commercial broker”, an event hosted by Semper Capital. The speakers included Andrew […]
Private lending trend analysis: residual stock
The director of private commercial lender Semper, Andrew Way, reveals there has been a noticeable increase in applications for residual stock loans during the third quarter and why he sees this clear trend emerging. Residual Stock is (as the term suggests) the stock of apartments remaining unsold in a development, against which a developer seeks […]
Keep calm and carry on
A letter to brokers from a veteran financier. The phrase “Keep calm and carry on” originated on a poster produced by the British government in 1939 with intention to raise morale when attack was imminent. Its sentiment seems particularly poignant at this juncture in time, when the nation has been dealt with a consistent stream […]
Harness the ‘elephant in the room’
Semper’s director, Andrew Way, outlines 10 tips to bolster business through SME funding.
Non-bank completes $55m capital raise
Non-bank lender Semper has extended its capitalised interest period for commercial transactions over $2 million, after completing a $55-million capital raise. In September, the commercial lender announced that it had reduced its rate on interest-only first mortgages by 25 basis points and launched a new 12-month repayment deferral option for broker-lodged first mortgages. While the new rate was […]
In Focus: Guiding SME clients to clinch finance
Semper founder and director Andrew Way explains how brokers can assist SME clients obtain commercial loans, especially those who have been unable to access finance from banks. Speaking to The Adviser’s In Focus podcast, Mr Way observed that the coronavirus pandemic has accelerated the demise of what he calls “zombie businesses” while bolstering those businesses with […]
In Focus: Commercial lending during COVID-19
The commercial lending landscape has changed dramatically since COVID-19 began, but knowing which sectors are thriving and which need support is key. Semper’s Andrew Way reveals the key trends he has been seeing in the commercial segment and how brokers can help. Semper Capital manages commercial mortgage risk and applies risk-management and credit assessment tools developed […]
Warning issued over ‘sleeper risk’ borrowers
The founder and director of a commercial lender has issued a warning over the growing phenomenon of “sleeper risk” loan applicants arising from COVID-19. Amid growing concerns that Australia may soon face a swathe of business insolvencies as stimulus measures for SMEs start to taper off, the head of a commercial lender has also warned that there is […]
Non-bank cuts rate, offers deferred repayments
A commercial lender has reduced its rate on interest-only first mortgages by 25 basis points and launched a new 12-month repayment deferral option. Non-bank lender Semper has reduced the rate on its interest-only first mortgage product from 7.99 per cent to 7.74 per cent per annum for commercial transactions over $2 million with a loan term of up […]
