Davey Finance

28/09/2022

Friends and our valued Davey & Associates Family:

We want you to be the first to know our news that our company name, Davey & Associates, will change to Davey Finance as of today. This name change aligns our company brand with what we do best - providing innovative finance and debt structuring to ensure the best outcomes for our clients, aka you.

In addition to our name change, we are relocating from Mount Pleasant to Subiaco.
Our new address is 227 Bagot Road in Subiaco.

The Davey Finance team and approach to lending will be the same as before. Our client first focus remains, as does our goal to be the most innovative and trusted mortgage broking company in Western Australia.

We will continue to provide the following services:

- Home Loans & First Home Buyers
- Investment Property Loans
- Construction Loans
- Refinancing, Debt Consolidation & Restructuring
- Self-Managed Super Fund Loans (Residential & Commercial Property)
- Commercial & Business Loans (including Asset Finance)
- Development Loans

We will roll out the new name and address over the coming months. Please note that there may be slower communications during this transition; however, we will work to keep you updated as best as possible. We hope you enjoy our new branding as much as we do.

Also, we know that the latest RBA interest rate hikes have been unsettling, so we will continue to review your loans to keep your rate at the lowest possible.

Lastly, as Davey Finance is now in full swing, our new contact points are:

Office Address: 227 Bagot Road, Subiaco WA 6008

Admin:
E: [email protected]

Lachlan:
E: [email protected]
M: 0433 727 064

Abby:
E: [email protected]
M: 0400 515 503

Our existing email service will be running for the coming months to enable a smooth transition between the two accounts, so we can ensure all contacts are captured.

Should you have any questions or queries or think I might be able to assist you, work colleagues, family, or friends, do not hesitate to contact us.

I want to thank you for trusting the team and I to find the best mortgage and lending solutions for you over the last 5 years, which has made Davey & Associates the success it is today.

We look forward to continuing this partnership at Davey Finance and speaking soon.

Kind Regards,
Lachlan Davey and the Davey Finance Team

16/12/2019

Merry Christmas & Happy New Year!

We would like to take this opportunity to thank you for the support this year and to wish you and your loves ones, a Merry Christmas and prosperous New Year!

Hopefully, you will get time to relax, recharge and enjoy the company of family and friends over the holiday period.

Full Staffing Levels:
Davey & Associates will be operating on full staffing levels until:
Friday 3rd December 2019, reopening our doors on Monday 20th January 2020.

Reduced Staffing Levels:
Davey & Associates will be operating on reduced staffing levels from:
Saturday 4th January 2020 through to Sunday 19th January 2020.

We will still be operating over the Christmas and New Year period, however, it will be on a restricted basis. During this time, we'll have full access to emails, be available by phone and by special appointment only. We want to ensure that we can assist you as quickly as possible, to help you avoid any unnecessary delays and to meet all settlement requirements over the Christmas period.

We will be closed for the public holidays on December 25, 26 and January 1.

Please direct any urgent enquiries to the relevant contact points below.

I look forward to working with you in 2020!

Warmly

Lachlan Davey

M: +61 433 727 064
E: [email protected]

23/10/2019

In welcome news, the State Government has today announced it will provide a 75% reduction in stamp duty for off-the-plan apartment purchases, effective immediately.

To put it in perspective, a $500,000 purchase previously incurred a stamp duty payment of $17,765. Under this new policy, that figure is reduced to just $4,441. For a $800,000 purchase price, the duty payable will change from nearly $32,316 to just over $8,000 at $8,079.

This significant policy decision should stimulate the property market, particularly for those seeking to sell their existing family home to downsize to an apartment or the First Home Buyer.

For more information about these changes, read the full article here: https://www.propertycouncil.com.au/Web/Content/Media_Release/WA/2019/Property_Council_WA_wins_75_per_cent_stamp_duty_discount.aspx

If you require any advice or assistance about how these changes may affect you, please call me on 0433 727 064 or get in touch at [email protected]

Property Council WA has secured a State Government decision to offer a 75 per cent stamp duty rebate for off-the-plan apartment buyers.

02/07/2019

The Reserve Bank of Australia decided to once again reduce the official cash rate, this time to 1% in a concentrated effort to boost household spending and the economy in general. If you wish to read the Reserve Bank report, it can be viewed by clicking the link here.

In making the decision to lower rates again this month the RBA has signalled its focus on supporting employment growth as it looks to restore inflation to within its target range and provide further stimulus to the economy.

Interest rates are already at historic lows, and if lenders respond to the RBAs move by slashing their interest rates, there is an even more compelling case for you to review your lending options now. There may be different rates available from our wide panel of lenders and I’m always available to ensure you have the right financial solution for your current and future circumstances.

Do you have any questions about your mortgage?
If you’d like to arrange a time to schedule a Mortgage Makeover, click the below link to book an appointment or send us a PM. A simple click could save you thousands!

I look forward to speaking with you soon!

https://davey-associates.com.au/contact/

It means in the space of four weeks the interest rate has fallen from 1.5 per cent to one per cent, an unprecedented level.

04/06/2019

With the uncertainty of the federal election behind it, the RBA has decided to reduce the official cash rate to a new record low of 1.25% as it tries to stimulate household spending and the economy. If you wish to read the Reserve Bank report, it can be viewed by clicking the link here.

In making this decision the RBA has taken into account inflation being below its target range of 2-3%, continued pressure on house prices, evidence of rising levels of mortgage stress, a borrowing squeeze in response to the Banking Royal Commission, slow wages growth and continued concerns around the level of under employment.

With lenders still continuing to review rates independently of the RBA, it is important to review your lending options regularly to ensure they remain the most suitable for your situation. There may be different rates available from our wide panel of lenders and I’m always available to ensure you have the right financial solution for your current and future circumstances.

Do you have any questions about your mortgage?
If you’d like to arrange a time to schedule a Mortgage Makeover, click the below link to book an appointment or send us a PM. A simple click could save you thousands!

I look forward to speaking with you soon!

https://davey-associates.com.au/contact/

The Reserve Bank has reduced the cash rate from 1.5% to 1.25% as expected. Follow the reaction live

07/05/2019

The RBA has decided to leave the official cash rate unchanged at 1.5% for the 30th consecutive meeting.

Only twice before has the RBA elected to drop rates during an election campaign and on both those occasions the incumbent governing party lost the election. Despite inflation falling below its target range of 2-3%, continued falls in house prices, concerns around rising home loan arrears levels, a borrowing squeeze in response to the Banking Royal Commission and slow wages growth it appears the RBA has elected to allow the federal election to run its course before intervening.

With lenders still continuing to review rates independently of the RBA, it is important to review your lending options regularly to ensure they remain the most suitable for your situation. There may be different rates available from our wide panel of lenders and I’m always available to ensure you have the right financial solution for your current and future circumstances.

Do you have any questions about your mortgage?
If you’d like to arrange a time to schedule a Mortgage Makeover, click the below link to book an appointment or send us a PM. A simple click could save you thousands!

I look forward to speaking with you soon!

https://davey-associates.com.au/contact/

The Reserve Bank has kept its powder dry and avoided a controversial pre-election rate cut, opting to hold the official cash rate at its record low of 1.5 per cent today, sending the Aussie dollar skyrocketing.

02/04/2019

The RBA has decided to leave the official cash rate unchanged at 1.5% for the 29th consecutive time. If you wish to read the Reserve Bank report, it can be viewed by clicking the link here.

With speculation mounting that a date for the federal election is close to being announced and that tonight’s federal budget will bring with it tax cuts, the Reserve Bank has again left rates on hold. Supporting the case are strong employment figures & continued low global interest rates, offsetting continued concerns around falls in housing prices.

With lenders continuing to review rates independently of the RBA, it is important to review your lending options regularly to ensure they remain the most suitable for your situation. There may be different rates available from our wide panel of lenders and I’m always available to ensure you have the right financial solution for your current and future circumstances.

Do you have any questions about your mortgage?
If you’d like to arrange a time to schedule a Mortgage Makeover, click the below link to book an appointment or send us a PM. A simple click could save you thousands!

I look forward to speaking with you soon!

https://davey-associates.com.au/contact/

The Reserve Bank stands by its conviction that a strong jobs market will eventually deliver a recovery in wages and GDP growth.

05/03/2019

The RBA has decided to leave the official cash rate unchanged at 1.5% for the 28th consecutive time. If you wish to read the Reserve Bank report, it can be viewed by clicking the link here.

Following its February meeting, the RBA said the case for the next rate move to be a decrease was now almost equal to the case for an increase and that it would continue to watch the economy closely for signs around its key objectives of decreasing unemployment and increasing inflation. It will also be watching property markets, particularly in Sydney and Melbourne, very closely as prices continue to fall.

With lenders continuing to review rates independently of the RBA, it is important to review your lending options regularly to ensure they remain the most suitable for your situation. There may be different rates available from our wide panel of lenders and I’m always available to ensure you have the right financial solution for your current and future circumstances.

Do you have any questions about your mortgage?
If you’d like to arrange a time to schedule a Mortgage Makeover, click the below link to book an appointment or send us a PM. A simple click could save you thousands!

I look forward to speaking with you soon!

https://davey-associates.com.au/contact/

The Reserve Bank of Australia has announced its latest verdict on interest rates, following its monthly board meeting.

13/02/2019

Do you want it to be even harder to get your home loan?

Each year more than half a million Australians take out
a mortgage with the help of a mortgage broker.

Possible legislation change threatens the mortgage broking
industry, which could see all Australians having less access
to smaller lenders and even less access to credit.

As competition and choice declines, bank power and
the risk of higher interest rates increases.

Without mortgage brokers, finding a home loan will be
harder and could become more expensive for home buyers.

PROTECT COMPETITION, SIGN OUR PETITION AT brokerbehindyou.com.au

05/02/2019

As financial markets digest the finding of the Banking Royal Commission, the Reserve Bank of Australia has made its rate announcement of 2019. The RBA has decided to leave the official cash rate unchanged at 1.5% for the 27th consecutive time. If you wish to read the Reserve Bank report, it can be viewed by clicking the link here.

The RBA continues to balance the worrying parts of the economy – Inflation dipping below its target range of 2-3%, falling house prices, a borrowing squeeze in response to the Royal Commission, slow wages growth and negative consumer and small business sentiment with the more positive aspects of strong infrastructure spending, increased export earnings and stable employment figures.

With lenders continuing to review rates independently of the RBA, it is important to review your lending options regularly to ensure they remain the most suitable for your situation. There may be different rates available from our wide panel of lenders and I’m always available to ensure you have the right financial solution for your current and future circumstances.

Do you have any questions about your mortgage?
If you’d like to arrange a time to schedule a Mortgage Makeover, click the below link to book an appointment or send us a PM. A simple click could save you thousands!

I look forward to speaking with you soon!

https://davey-associates.com.au/contact/

The Reserve Bank has kept the official cash rate on hold for its first meeting of 2019, but a growing number of experts are tipping a rate cut some time this year.

10/12/2018

Merry Christmas & Happy New Year!

We would like to take this opportunity to thank you for the support this year and to wish you and your loves ones, a Merry Christmas and prosperous New Year!

Hopefully, you will get time to relax, recharge and enjoy the company of family and friends over the holiday period.

Full Staffing Levels:
Davey & Associates will be operating on full staffing levels until Friday 28th December 2018, reopening our doors on Tuesday 22nd January 2019.

Reduced Staffing Levels:
Davey & Associates will be operating on reduced staffing levels from Saturday 29th December 2018 through to Monday 21st January 2019.

We will still be operating over the Christmas and New Year period, however, it will be on a restricted basis. During this time, I'll have full access to emails, be available by phone and by special appointment only. I want to ensure that I can assist you as quickly as possible, to help you avoid any unnecessary delays and to meet all settlement requirements over the Christmas period.

Please direct any urgent enquiries to the relevant contact points below:
M: 0433 727 064 | E: [email protected]

I look forward to working with you in 2019!

Warmly,

Lachlan Davey