Grant & Heidi – Sophisticated Investors

Grant & Heidi

Sophisticated Investors

A mature couple own several properties and want to take advantage of their current earnings and repayment capacity.

They would like to purchase additional rental properties in preparation for their retirement (after which time their borrowing capacity will be significantly reduced).

A further challenge for them is that 2 of their existing properties are under performing and the total debt across all assets is cross-collateralised which will increase the level of difficulty, and reduce the flexibility, in managing the eventual sale of individual properties.

To allow the efficient sale of the under performing assets and to release all available equity in the existing assets (up to 80%) which will in turn enable further asset purchases, we proposed to:

create stand alone mortgages using a range of lenders
increase debt levels to an 80% LVR (loan to valuation rate*) and in turn establish a line of credit to be used as both a deposit on additional property purchases as well as to provide a financial buffer to ensure that repayment schedules can be maintained without any reduction in disposable income
rebalance the portfolio by selling the two under performing assets and commence the search for a new property in a more robust area (capital growth and rent revenue).

*anything over an LVR of 80% will generally attract compulsory mortgage insurance

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Andrew Mirams

Andrew Mirams is the Managing Director of Intuitive Finance and is a highly qualified mortgage advisor who holds dual diplomas in Financial Planning (Financial Services) and Banking and Finance (Mortgage Broking). Andrew’s expertise covers all aspects of lending for a diverse range of applications – from first home buyer loans or property upgrader loans, property investor loans, expatriates and loans for self-employed. With almost 30 years of experience, Andrew has been acknowledged by the mortgage industry as one of its best performers with multiple awards including regularly featuring in both the top 100 mortgage brokers list and Top 50 Elite business writers. Andrew was voted Victoria's favourite Mortgage Broker at the 2015 Investors Choice Awards, and won again for the same category at the 2017 Better Business Awards. The team at Intuitive Finance has also figured prominently by winning the 2016 "Best Independent Office (<5 brokers)" and "Best customer Service" Awards, and more recently at the 2017 MFAA National Awards, they also took out the "Best Customer Service" Award, a recognition which speaks for itself! Visit Intuitive Finance for more information.

Latest posts by Andrew Mirams (see all)

How to get a home improvement loan without equity - January 17, 2022
What are home improvement loans and how do they work? - January 11, 2022
Signs of a slowing market - January 7, 2022

Stephen Bourne

03:20 11 Jan 22

Intuitive Finance, with Lachlan, Edwina and Max, have been fantastic. Very detailed, competent, on-the-ball/proactive... and helpful. They handled our purchase really well. This is the third broker we've ever used and easily the best. Highly recommend their team.read more

Hannah Nowlan

01:04 10 Dec 21

Lachlan from Intuitive Finance was great to work with. He made the whole process of buying our first property easy to... understand, we knew we were in safe hands. Always available to answer our questions or give us advice during the process. We look forward to continuing to work with the team moving forward.read more

Elena Solano

01:03 25 Nov 21

I just purchased my first home, and could not have been better supported through out the entire process. My experience... with Intuitive Finance has been 100% positive. I would give more stars if I could!read more

Gary AD

01:07 22 Nov 21

Thank You Andrew & Vera for your help. The team provided very helpful finance strategies in setting up our loan that... would benefit our circumstances. Always able to reach out to both Vera & Andrew for any advice and assistance. would highly recommend.read more

Sally Stewart

08:00 16 Nov 21

I couldn't recommend Intuitive Finance more highly. Andrew was incredibly prompt, engaging & professional and Vera... supported us right through until the very end, at all times responsive and reassuring. Thanks so very much.read more

Thomas Marks

08:32 12 Nov 21

Being located overseas in Europe we wanted to buy our future PPR. Not having an income in Australia doesn’t make... lending easy.We needed help from an expert in the field.Andrew and his team worked very professionally with us. Andrew from Intuitive Finance made the dream come true and we finally settled on the property mid -November. It was hard work for all of us and it took a while from the first contact to settlement. But well worth the time and effort.Andrew put a lot of time and effort into the finance deal, and I would recommend him to anybody who is interested in property. Property is a game of finance and you need to have a good mortgage broker on board.Thank you Andrewread more

Colin Moore

09:04 12 Oct 21

Andrew and Andrew were fantastic in assisting and advising on our home sale and purchase process. In tight timelines... they delivered fast turnaround times and clear directions on exactly what was needed and when. Their advice and guidance was tailored to our personal circumstances and they clearly know how to get the right result for their clients. They were also really clear in what our boundaries and limits were which helped us in setting our own expectations. Definitely would use Intuitive again and we have sounded Andrew M out for advice over the last couple of years.read more

Josiah Denham

08:55 12 Oct 21

Intuitive finance have been nothing but prompt, helpful, and professional. You first start to think they are asking for... a lot of information, but soon you understand why. Intuitive Finance make sure your financial goals are not only set up now, but also have a good foundation for the future. Intuitive Finance have fantastic industry knowledge and foresightread more

Brendan Sweeney

06:35 08 Oct 21

The Intuitive Finance team were a pleasure to work with throughout the lending process. They worked with us to find a... solution that achieved our goals and would definitely work with them in the future. Andrew and the team were very knowledgeable about the industry and were very client focused as well.read more

Chris Waters

08:03 30 Sep 21

Intuitive Finance were fantastic to work with. We dealt mostly with Rob and Vera who promptly and professionally... identified our need, found the product for us and seamlessly coordinated the deal. From start to finish they were easily contactable and prompt to respond to our questions. Cannot fault them at any stage. Excellent service and outcome. Look forward to working with them again.read more

Ching O

23:10 19 Sep 21

Andrew and Mackenzie were amazing! They were easy to deal with, provided personalised recommendation, great guidance... and also responsive. Highly recommended.read more

Oliver Cooke

04:26 24 Aug 21

Edwina and Lachlan are excellent. Appreciate all the patience with all my questions. Came out with a good result.... Thanks again!read more

Carly Smith

01:40 10 Aug 21

Great attention to detail and industry knowledge. Very responsive even outside of business hours when it was... unexpected. Good knowledge of our chosen lender and their practises. Challenges from living remote & interstate were easily overcome by Vera and the team.read more

Alessandro Cara

04:19 05 Aug 21

Lachlan and Edwina were were really amazing helping me buy my first home! They were always available to help me... navigate through the whole process as this was my first time. Thanks for everything!read more

Natalie de Rome

22:40 29 Jul 21

I cant recommend the team at Intuitive Finance highly enough. Craig was particularly helpful and very responsive to all... emails. They made buying our first home seamless. Thanks guys!!read more

Stephanie Makin

02:01 22 Jul 21

We worked with Lachlan and Edwina at Intuitive Finance to help us finance our first investment property. They were... amazing, helpful and made the whole process seamless! We look forward to working with them again in the future.read more

Daniel Tran

01:39 28 Jun 21

Can't thank the team at Intuitive finance enough for helping me through this process. Prompt, professional and very... informative. You can tell that they have been doing this for a very long time and that they know what they are doing.Will be definitely engaging them in the future and will be also be recommending them to family and friends.Keep up the good work and thank you again for making it easyread more

Peachy Prints

04:01 25 Jun 21

Vera has been a fabulous help and supporter through the entire process! She helped me understand and manage my finances... from start to finish, which I really appreciated as a newbie!Thanks team!Amy :)read more

Jarrod Miller

08:23 07 Jun 21

My partner and I have recently purchased our first property and used Intuitive Finance as our broker.Lachlan was very... quick to solve any problems that arose and was always on the front foot. We highly recommended using Intuitive Finance and we wouldn’t use anyone else in the future.read more

Vinoth Puvichandran

10:28 19 May 21

Intuitive Finance's service was very professional and they walked me through from the start to end providing me with... required information and recommendations to make decisions. They were really responsive, easy to communicate with and are always available to answer your questions and to support you through out the process. Also, they spend great amount of time to formulate a right finance strategy to suit your circumstances and property purchase. It was great working with Lachlan and Craig. I am looking forward to working with them again in the future and I would recommend anyone who needs support with Mortgage related matter. They are 100% Property Savvy Mortgage brokers!read more

Philip Boyle

00:39 05 May 21

Andrew and Vera at Intuitive Finance are highly experienced when it comes to home loans. They deliver a quality service... and are pragmatic, patient and supportive throughout the process. Overall, I'm very happy to recommend Intuitive Finance as I myself will be using their services again for the next mortgage. Thank you!read more

E Wilson

01:27 23 Mar 21

We have worked with Intuitive over several years and across several loans. Craig’s level of organisation and his... experience working with lenders enabled our recent application process to run very smoothly and without stress. Intuitive have also been invaluable in finding the optimum way to structure our borrowing in line with our financial goals.read more

David Bryant

02:35 19 Mar 21

Andrew & his team encountered obstacles due to my unique circumstances, but they persevered and secured a great deal... for me. Well done.I particularly liked the way they kept me advised of progress with the refinancing.read more

Raymon Ortinez

00:06 11 Mar 21

Lachlan and Craig secured both refinance and an investment property loan for me. Both guys made the process less... arduous, keeping me posted each and every step. Providing reassurance as needed, as this journey is always nerve-wracking. They were informative and open to answer tons of questions for me. Lachlan is a young, driven top gun in the industry and surely has got some more in store for him in the future. Craig has always been amazing in what he does. I trust Intuitive Finance and every deal that they have for me. Highly recommended. 5 stars.read more

Mark Byrne

00:04 10 Feb 21

Excellent experience dealing with Lachlan. He was super clear on the different options available to me; took the time... to explain different scenarios and always available for follow up questions.read more

Renay Lotz

22:49 29 Nov 20

It was a pleasure working with Andrew and his team. Moving from a different country and not understanding all the... Australia laws, they made the process of attaining a mortgage totally stress-free. Vera is informative, has her clients best interest at heart, and makes herself available for any questions you may have. She is professional and very organised. I would definitely recommend Intuitive Finance. Thank you for the outstanding service!read more

Tracey Carroll

03:39 28 Nov 20

The team at Intuitive Finance are fantastic to deal with. Andrew is a wealth of knowledge when it comes to financial... planning, the best deals that are being offered by banks and nothing is a trouble for him. They are always very quick to respond to emails and phone calls. I would highly recommend them.read more

Rebecca

09:50 27 Nov 20

Andrew and the team always make us feel relaxed and assured. This is so important when it comes to long term decisions... about finances! The team are professional, highly knowledgable and responsive to individual needs. Wouldn't go anywhere else!read more

Nicole Ryan

08:42 27 Nov 20

Intuitive finance are a high quality service with years of experience in their staff. Headed by Andrew and... exceptionally well supported by Craig Caarells and numerous others, this is the team you want when you’re investing in your future.Don’t go it alone. This team has the experience and relationships will all then lenders to ensure you are represented and. It taken advantage of.read more

Vincent Mok

07:38 27 Nov 20

Courteous and attentive service.Carefully considers a client's specific needs, and always respectful never pushing an... agenda.Able to negotiate good interest rates and lending amount.read more

Stephen Henderson

06:47 19 Nov 20

Lachlan & Vera helped us with refinancing and securing an investment loan for a new purchase. Great communication,... knowledgeable, friendly & professional. An overall great experience, would highly recommend! Special thanks to Vera for being so helpful throughout the whole process. You definitely made things a lot easier.read more

Jay O-H

08:52 01 Oct 20

Friendly group of people. Happily answered my many questions and provided the peace of mind I was after!

Marty Sadlier

05:24 01 Oct 20

Andrew and Lachlan Miriams and the greater Intuitive Finance team are just true professionals. Nothing is too much for... them from a service point of view and the correspondence and being kept in the loop is exceptional. Highly recommend.read more

Nathaniel Cheung

03:27 24 Sep 20

Lachlan & Vera helped us secure a loan for an investment property. The team was prompt with responding to our questions... and everything was a smooth process thanks to them. Highly recommended to anyone looking for a good broker to work with.read more

mark grospe

01:00 01 Aug 20

great experience with intuitive finance. definitely made it a low stress experience securing the loans. highly recommend

Matt O'Reilly

00:40 26 Jul 20

We had Lachlan as our finance strategist/broker and we couldn’t be happier. He always went out of his way to help us... and the home loan rate and product he got us was far better than I could have done my self. His communication was great. Always informing us of every step along the way during the application process which is important for us. Overall the service was fantastic and will definitely continue to use their service into the future and would recommend it to others.read more

michaela coleman

05:34 07 Jul 20

We worked with Intuitive Finance when purchasing our home recently and could not recommend them highly enough. Craig... and his team were so professional and took the stress out of dealing with the banks. He was always there to take our calls and give us the guidance we needed. Thank youread more

Kathy Staples

00:40 02 Jul 20

Very efficient and smooth process to refinance our loans and at a much lower rate.

Julia Ilies

01:15 11 Jun 20

We couldn't be happier with Andrew and his team at Intuitive Finance. We previously approached other mortgage brokers... to obtain finance on our behalf for our next investment purchase and they had fallen well short of the funds we needed to achieve our next property purchase. Andrew provided guidance with the right finance strategy for us and assisted us through the sometimes rocky road with the banks. We will most certainly engage Intuitive Finance again when we require funding for our next project.read more

Pia Isle

05:41 11 May 20

Everyone I dealt with at intuitive finance have been extremely helpful through the whole process and kept in contact... through every stage. With there experience I'm happy with how my finances are set up. I would definitely use intuitive finance again.read more

Celina Lai

12:10 27 Apr 20

Intuitive Finance was recommended to me by a family member. Andrew & Vera were extremely helpful and easy to contact. ... They were able to explain terms in very simplified way, which I needed! Would highly recommend for anyone seeking help with getting finances sorted and making a future financial plan.read more

Mick OTM

10:26 02 Apr 20

Comprehensive and professional experience from start to finish. Excellent assistance, thorough explanations of key... events and requirements. Overall, a great result for me in a difficult financial position. Wouldn’t shop anywhere else!read more

Damon Hawker

21:07 21 Mar 20

Fast and efficient service. Timely responses to enquiries. Special thanks to Craig for his guidance through the... application and settlement process. I’m a happy customer!read more