New app to handle heavy lifting in levy calculation
Imagine taking an online tool like a mortgage calculator – one of those apps on a lot of banks’ websites that tell you that you can’t afford to buy the…
loans
Strata ‘green renos’ and cladding plans move on
They were overshadowed and somewhat stymied by the pet amendment, but now that has been settled the NSW Government can push ahead with new strata laws that will make it…
Council where Company Title was compulsory
You may find this hard to believe but there was a local council in Sydney which, until a couple of years ago, would not give planning approval for two-unit strata…
Podcast 80 – Shape of strata blocks to come
In this week’s Flat Chat Wrap podcast, in the run-up to the Australian architectural awards, we talk about some of the innovative apartment block designs that made it the short-list.…
Levies shortfall plan where everyone’s a winner
There is a lot of genuine angst around about the payment of levies or, more to the point, the inability to pay them. Just to be clear, there are no…
PODCAST: Defect loans, Airbnb rules and sneaky sex in the spa
It’s a real mixed bag in this week’s Flat Chat Wrap podcast – finance, Airbnb and sneaky sex. Sue Williams and I start our dissection of the week’s strata news…
Flat Chat Wrap #37 – Defects loans, Airbnb rules and sex in the spa
It’s a real mixed bag in this week’s Flat Chat Wrap podcast – finance, Airbnb and sneaky sex. Sue Williams and I start our dissection of the week’s strata news…
Why low-cost defects loans are not enough
Despite the first rumblings of discontent among some commentators, NSW seems likely to offer strata owners interest-free loans to rectify defects in apartment buildings. And so they should. In fact,…
Lannock offer to cladding blocks as lender backs off
The announcement that one of the country’s biggest non-bank mortgage lenders will refuse to finance the purchase of apartments known or suspected of having flammable cladding on or in their…
Loan help for schemes hit by cladding insurance hikes
A shock rise in strata insurance premiums due to risks associated with flammable cladding has left many apartment owners struggling to meet price hikes, says owners corporation finance lender Lannock…
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