Terms and Conditions of Home Show Competition

Ends 6pm Sunday 20th August 2017.

 

* $500 Cash in Your Pocket – Terms and Conditions

  1. The existing loan must be secured against standard residential property only in Genworth ‘Category 1’ i.e. metro areas.
  2. No fixed loans, variable loans only.
  3. The Loan must be below 80% loan to value (‘LVR’).
  4. You must have a clean Credit History (and allow Envisage to run an Equifax/Veda check)
  5. You must be able to show proof of income and expenses, including day to day living expenses, such that you are able to confirm the ability to service the debt at an assessment rate of a minimum 7.4% (most lenders assess at between 7% and 8% presently).
  6. No trusts or partnerships.
  7. Any self-employed loan must have held an ABN and GST for a minimum of 2 years; and have two years of personal and business tax returns submitted and assessed.
  8. If the borrower is older than 50 years of age, they must have a exit strategy that is satisfactory to Envisage – a simple ‘downsizing’ strategy will not be deemed satisfactory in itself.

All decisions are final and at the entire discretion of Envisage Capital.

Winners will be notified by phone no later than cob Monday 21st August 2017.