Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
subscribe to our newsletter

Real estate group to launch broking arm

Victoria-based real estate agency Hockingstuart has announced it will officially move into the mortgage broking space later this month with the launch of Hockingstuart Finance.

The group’s new arm will act as a standalone business, and will offer over 500 loan products, including an exclusive range of home loans.

Hockingstuart Finance is the brainchild of Hockingstuart managing director and CEO Nigel O’Neil, who spent 10 years at ANZ-owned finance company Esanda Finance before joining the real estate group.

Advertisement
Advertisement

Mr O’Neil said the launch of Hockingstuart Finance is part of the group’s overall strategy to make the home-buying journey easier for its customers.

“We’re increasingly realising the importance of leveraging our relationships to drive maximum value for our real estate customers and our businesses,” he said.

“Our agents understand the intricacies of moving house better than most – that’s why they often get inquiries from customers about financing their property purchase.”

Hockingstuart Finance will offer employees a remuneration package based on salary plus commission.

Mr O’Neil added that the company’s large database and expertise in the property industry gives Hockingstuart Finance a unique value proposition in the mortgage lending market.

Real estate group to launch broking arm
mortgagebusiness

 

Latest News

OPINION: The House of Representatives’ standing committee on economics has suggested that banks should automatically adjust borrower repay...

The central bank has noted lower mortgage arrears rates for more recent loans, attributing it to the effectiveness of tighter lending standa...

While the housing market has curbed its downward trajectory, meaningful growth is not yet expected, according to HIA’s chief economist. ...

FROM THE WEB
podcast

LATEST PODCAST: Best interests guidance and pre-approval suspension

Do you think the mortgage market will see more consolidation this year?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.