Property Mastermind Podcast with Bob Andersen & Hilary SaxtonDevelopment finance has its own language and plenty of fine print. Bob Andersen and Hilary Saxton work through real finance questions from mentoring students, names removed, so you know what to ask before you sign.
Bob explains why construction interest should be charged on what you have drawn and not on the whole loan from day one, what LVR really means in development, how capitalised interest and the interest cap work, what brokers and lenders typically charge in application, line and brokerage fees, why you should read the term sheet and its conditions precedent, and why a property lawyer can still miss finance details. Along the way, a look at the finished North Harbour industrial units and what the design extras cost.
The takeaway: in development finance, the headline rate is only one moving part. One broker switch saved a student around $200,000. A short follow-up on more finance questions is coming in a couple of weeks.
Free Profit with Property Development Masterclass, Saturday 21 November 2026, 9am to 1pm AEDT, live on Zoom: https://www.propertymastermind.com.au/events/profit-with-property-development-masterclass/
Hosted by Bob Andersen and Hilary Saxton of Property Mastermind.
