The finance broker landscape is changing. It appears to be driven by the surge of new entrants into the residential development lending market. GPS has been asked to participate in... read more →
The lending market has seen an influx of new entrants promising low interest rates and fees. This is where I sit back and say, “Here we go again”. While I... read more →
New Project Starts The general feedback I am receiving is that there will be a slowdown in new project starts for 2021. While this is good for price growth, it... read more →
At GPS we have a culture of transparency and disclosure. If we make a mistake or do something embarrassing (such as watching an episode of The Bachelor – guilty!) we... read more →
I have always questioned why pre-construction pre-sales are claimed to be the holy grail for good residential development lending. I expect it has more to do with being an easily... read more →
The announcement of easing COVID-19 restrictions saw an increase in loan applications at GPS. It is becoming apparent that the banks have further reduced their appetite for residential development lending. ... read more →
We are starting to see glimpses of the light at the end of COVID-19 for property development. Chances of a complete shutdown of the building industry appear to be remote.... read more →
The importance of continuity in our workflow is something GPS shares with builders. Not just builders, but all industry professionals; architects, town planners, quantity surveyors, project managers and marketers. We... read more →
Most non-bank lenders are flush with cash, due to fallen deposit rates and confidence issues in other investment segments. Only a few appear to be generally entering the residential construction... read more →
Following several conversations with builders it is clear that cashflows are suffering. GPS has commenced a program to strengthen our relationship with builders on GPS funded projects. It turns out... read more →
