As rates have been dropping, lenders have been trying to lure clients in with very cheap & attractive fixed rates, however with no current positive economical outlook, not many of our clients have been choosing to lock. With some European lenders offering negative interest rates (crazy!!), this whole period presents a significant opportunity to anyone with debt to be able to repay as much as they can (where it makes financial sense to do so).

Our CEO, Dean Perlman commented “It was not that long ago that I fixed my home loan for 7.85%! To think that fixed rates are now almost one third of that is quite incredible”. This represents significant opportunities for those with debt to get on top of it and for those with stable and strong incomes to potentially borrow more and invest to use this cheap debt to help grow their wealth (standard requirements regarding speaking to your advisers first apply in this regard).