News 27th February 2023

Equity Unlock

Are you the owner of a large residential property or more that you would love to downsize, subdivide or develop but don’t know where to start?

This is not an uncommon issue, especially in Adelaide where many still hold large block(s) of housing in their property portfolio. These larger residential property holdings may have suited your needs perhaps 20-30 years ago but you are now in a different position both from a lifestyle and financial position.

The thought may have crossed your mind about downsizing, or subdividing and developing but you have heard how complicated it is and obtaining finance is next to impossible. There is no doubt that managing construction finance requires a higher level of expertise than the typical standard type of transaction given the additional construction risks that need to be managed. However, there are ways to work through all the required stages to potentially help you with your specific concept or idea.

Switch has the expertise to manage this process for you with dual expertise in building and finance that could assist you with your dream. We can connect you with lenders who may be able to assist and also provide guidance through the various building stages. If you are simply at the idea stage but do not know where to next, we would love to hear from you.

We will be offering this bespoke service to a select group of clients who may fit the required criteria where Switch will take a project management approach from start to finish. From idea, through to planning, council approvals, builder selection and contract, finance, construction and progress payment management through to completion. Seeing you sell off your completed development, repaying the finance and compounding the value of the equity that you held in your property.

If you already have your property and building work sorted and are just seeking construction finance, we can also assist by tailoring the service to what you need.

We would love to hear from you at info@switchfinancialsolutions.com.au

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