TMM - News
Westpac ups rental income allowance

Monday 4th of December 2017
A Westpac spokesperson says that their servicing assessment policies are periodically reviewed and adjusted.
One of the bank’s recent adjustments included moving the rental income allowance to 80%, up from 75%, he says.
“The most recent changes are intended to streamline the assessment process, rather than increase the available level of debt.”
Westpac’s move is the first l...
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