subscribe to our newsletter
Real estate group to launch broking arm

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.

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 logo

Latest News

An ASX-listed financier has halted trading pending a “material announcement”, which is expected to relate to a takeover bid. ...

The lack of borrower understanding of interest-only loan terms, especially among owner-occupier households, is “concerning”, a global in...

The corporate watchdog is urging financial services and credit licensees to prioritise registering with AFCA as they would otherwise be in b...

FROM THE WEB

podcast

LATEST PODCAST: Upheaval at the major banks

Is enough being done to ensure responsible lending?