Friday, November 12th, 2010 - LJ Hooker

Leading property and finance group LJ Hooker announced that the interest rate on its competitive “Classic Home Loan” will remain unchanged until at least February 2011, despite the Reserve Bank of Australia increasing the cash rate by 0.25 per cent earlier this month.

In a move challenging the offerings of the major banks, The LJ Hooker ‘Classic Home Loan’ will remain at a competitive 6.65 per cent and is open to all prospective home buyers regardless if they buy or sell through the LJ Hooker real estate network.

“At LJ Hooker, it’s about bringing people and property together and by keeping our rates at the current level we are able to offer customers an alternative option to the banks,” said LJ Hooker Chief executive L. Janusz Hooker.

“Our customers will benefit from the stability of knowing their loan is fixed at 6.65 per cent until February next year which will offer them a reprieve over the holiday period, a time when household expenditure typically increases with Christmas spending.”

The LJ Hooker Classic Home Loan offers borrowers several advantages, including: no application, valuation or redraw fees, and no ongoing annual fee.

“Consumers can now choose fully flexible, price-competitive loans from the name they already trust in for their real estate transactions” said Peter Bromley, LJ Hooker Head of Finance.

The launch of the LJ Hooker Classic Home Loan in July 2010 was an industry first with an Australian real estate company backing a home loan with its own brand. “Having the home buying and loan phases under the one roof offers borrowers a streamlined process, giving them the edge in securing their home loan at faster turnaround times than other leading vendors,” continued L. Janusz Hooker. “This full service solution means that home buyers do not have to go past LJ Hooker for their financing needs. This not only offers greater convenience but strengthens the relationship between LJ Hooker and its customers.”

For more information, visit ljhooker.com, call the dedicated customer centre on 1300 515 200 or visit a finance consultant located in the LJ Hooker offices.

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LJ Hooker


About LJ Hooker
Over the past 82 years, LJ Hooker has become Australia's best known and most trusted real estate brand. With a franchise network 674 offices strong across Australasia, LJ Hooker sells more than 40,000 properties each year worth over $A17 billion.
LJ Hooker features one of the largest residential sales teams in the industry comprising 3200 sales professionals backed up by over 2000 support team members. LJ Hooker is one of the largest property managers in the region, managing approximately 120,000 properties valued at over $A40 billion generating $A1.5 billion in rental income each year.
LJ Hooker provides a full suite of commercial services with national coverage in Australia and New Zealand including buying, selling, leasing properties for commercial or investment purposes. LJ Hooker has 23 commercial offices supported by 150 commercial experts across the office, retail and industrial sectors. This includes dedicated offices for project marketing and land marketing.
LJ Hooker also has 40 dedicated property finance offices comprising a national network of 150 Mortgage & Finance Association of Australia (MFAA) certified finance managers
For more information visit LJHooker.com
Madeleine McCormack
P: 02 8303 7097
M: 0423 722 807
W: ljhooker.com

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LJ Hooker Classic Home Loan

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