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Think of your broker as a professional resource in the same way you think of your accountant, financial planner or solicitor. We are in the business of building ongoing relationships with you, our clients, and we always think of your best interests, not those of the bank.
We will work with you and your service providers (real estate agent, conveyancer and lender) during your purchasing process, while ensuring we help you obtain the finance that best suits your circumstances and needs.
When you call Bond Street Finance, you will speak to a real person, not an operator, and we will guide you through your loan process with ease. Please contact the office to get started.
Established in 2017, Bond Street Finance Partners are able to offer a number of lending options which include residential and commercial property loans, business funding and asset finance.
With more than 20 years in the banking and finance industry, director Scott Tallon is dedicated to getting the best outcome for his clients through his experience and established relationships with the major lenders.
Bond Street Finance Partners are with you for every step of the lending process from the initial meeting up until settlement and beyond, liaising with all parties along the way including brokers, real estate agents, accountants, solicitors etc.
Our goal is for long term relationships with our clients and we want to be their first point of call whenever they are looking for finance options.
Mortgage Broking Management
& Diploma of Finance
M: 0407 250 199
E: scott@bondstreetfinance.com
L: LinkedIn
Scott is an accomplished banking and finance professional with over 20 years in the industry. During that time Scott has worked with the Commonwealth Bank, Aussie Home Loans and more recently Macquarie Bank where he spent 16 years with the business banking team in Sydney, Melbourne & Newcastle.
Scott’s experience has provided him the opportunity to work with people from first home buyers to CEO’s of large firms.
Nothing gives Scott more satisfaction than seeing a client receive the best possible outcome which provides them with the opportunity to build their wealth.
Scott holds a Diploma of Finance and Mortgage Broking Management from AAMC Training Group and is a member of the Finance Brokers Association of Australia Limited (FBAA).
Our firm and clients have worked on a number of projects with Scott Tallon over recent years. On each project, we have been impressed by Scott’s ability and the ease with which he ensures the transaction runs smoothly and on time. Scott has excellent communication skills and the ability to explain complicated lending solutions to people less well versed in finance. Recently Laycock Burke Castaldi Lawyers purchased new commercial premises from which to operate our legal practice. Scott was retained by our firm to procure finance for the acquisition. Scott understood the structure within which we wanted to acquire the property and was able to advance several viable financing options from a number of different financial institutions. We were then able to select the bank that suited us best and the loan and transaction proceeded smoothly. We highly recommend Scott and Bond Street Finance and we would be happy to speak further to this testimonial.
Laylock Burke Castaldi Lawyers - www.lbclawyers.com.au
We have found Scott to be extremely professional, knowledgeable, and ethical in his business practice. Scott has demonstrated an ability to provide our clients with personally tailored and financially beneficially outcomes. Given Scott’s extensive time in the industry, our personal experience, and our clients’ feedback, we would highly recommend, and trust the professional service his business provides. ‘He’s a good guy, you should use him!’
Total Capital Management - www.totalcap.com.au
When I needed to get clarity on whether a purchaser had the funding in place or money available to complete on a business sale, I would speak to Scott if that client was getting their funding through Macquarie Bank. Scott would come back to me within 24 hours with a straight forward answer confirming his client’s position. This gave me comfort and confidence dealing with my vendor that if the client had Scott’s backing, that we knew the funding would be in place and 100% confidence that client would be funded buying my vendor’s business. Bond Street Finance Partners and Scott Tallon have the commercial acumen and capabilities to deal with complex funding solutions that most brokers would find too hard and refer on to the major banks. Scott relishes the challenge and finds the best possible outcome for the client always keeping them abreast of updates along the way.
Matt Ciallella - Director MC Rent Roll Broking - www.mcrentrollbroking.com.au
We were always impressed with the service Scott Tallon gave us both in our business and personal banking. He responded to questions almost immediately and addressed any problems effectively. Nothing was ever a problem that Scott couldn’t fix.
Scott Walkom - Principal Walkom Real Estate - www.walkom.com.au
We pride ourselves on our ability o get your loans settled! We have extensive experience in all things lending, including:
Due to expensive upfront costs and regulation related hurdles, smaller businesses do not typically have direct access to the debt and equity markets for financing purposes. Therefore, they must rely on financial institutions to meet their financing needs. Commercial Loans are renewable loans used to finance a company’s immediate working capital needs. These can be large or small scale and usually operate short-term.
The variable rate loan offers more features and flexibility than the basic or “no frills” loan, so the rate is usually slightly higher. Fixed rate loans are set at a fixed rate for a specified period – usually one to five years. The advantage of allowing you to organise your finances and repayments without the risk of rising interest rates is offset by the disadvantage of not benefiting from a drop in rates.
A home buyer can obtain financing (a loan) either to purchase or secure against the property from a financial institution via a mortgage broker (that’s what we do!). Features of mortgage loans such as the size of the loan, maturity of the loan, interest rate, method of paying off the loan and other characteristics can vary considerably. It’s always best to speak with a mortgage broking professional to determine the loan that is right for you.
Investment Loans allows you to make the most of your assets! An investment plan is one that works toward building your wealth and securing your financial freedom. For some, the future may seem a long way off, but the time to act is now because the future waits for no one. The housing market is generally a seven to ten year cycle: there are always highs, lows and steady patches.
A loan with lower repayments for the first six to twelve months is often called a Honeymoon Loan. After the ‘honeymoon’ the loan becomes a standard variable loan and the repayments increase. Make sure that you can meet the higher repayments for the remainder of the loan. You could also be faced with a fee at the end of the honeymoon period to switch to another loan type.
A bridging loan may be necessary to cover the financial gap when buying one property before the existing one is sold. This finance is generally secured against your property as you are utilising the equity in your existing property. Usually, bridging loans are short term and more expensive than other types of loans.
You can also ask us to access you some great finance options for other purposes such as loans for private cars and recreational vehicles, commercial vehicles, as well as plant and equipment for your business. These finance options may include personal loans, car loans, a variety of leases, commercial leasing options, chattel mortgages and more.
The major benefit of using a broker to finance other large purchases besides property is obtaining finance that is tailored to fit your personal financial circumstances and goals. With depreciating assets, the right finance can also save you a lot of money on interest and fees.
We also specialise in helping you secure your loan and financial freedom by offering risk and life insurance. Through our valued partnership arrangement with an insurance brokerage firm About risk we are able to offer our clients a range of different insurance opportunities. This service offers free consultation and even if you are happy with your current insurer for your home, business or any other insurance requirement, call the office for a second opinion on price and cover.
Mortgage brokers are professionals in the home loan industry. They work with you to determine your finance needs and help you understand how much you can borrow. Brokers help to ensure that you don’t take out a loan that is not right for your financial circumstances or needs.
Professional mortgage brokers only focus on loans. If you need legal advice, you go to a solicitor who is a specialist in the law. If your pipes are leaking, you go to a specialist in plumbing. It’s the same when you need a loan.
Brokers have access to a wide variety of loans. This means your broker can find a loan that’s just right for you.
Some mortgage brokers charge a fee and some don’t. When you take out a loan via a Mortgage Broker – it does not cost you more. That is an absolute myth. Brokers get paid commission by the bank for bringing new business to them, this does not impact your rate or level of service.
Some brokers charge a fee for their service. They must disclose this fee upfront to you so you know what you will be up for if you engage their services.
The truth is that there is very little difference between the commissions paid by the lenders. You can also rest assured that your interests in this respect are covered by law. The mortgage and finance brokering industry has legislation called the National Consumer Credit Protection Act (or NCCP), that is designed to protect consumers and ensure ethical and professional standards in the finance industry. We are required to present you with a selection of suitable loans from different lenders and tell you upfront what commission we will be getting. Our job, our only job, is to find the best loan for your needs and serviceability.
Some Brokers charge a fee for their service which they must disclose to you up-front before you engage their services. However, the costs of the loan are the same, depending on the loan you choose.
This is dependent on how much you have saved for a deposit and what you current expenses are. Give us a call and we can go into your options in more detail, or check out the loan calculator page of our site!
A mortgage broker is only allowed to recommend a product based on what you say is most important to you – for example, “pay my loan off quickly” or “guaranteed repayments”. With regard to interest rates, however, we recommend the following; “if you want flexibility take a variable rate loan, if you want repayment certainty take a fixed rate loan, if you want both, then do both and use a split loan.”
Sure thing! We are mobile brokers so we can come to you!
I am a Connective Broker. This means that I have access to many lenders – these include the major banks, second tier lenders and credit unions. We can source you a loan from the lender of your choice.
The Reserve Bank of Australia meet on the first Tuesday every month to determine the official cash rate for the country. The lenders then use this information to set their own rates. Mortgage brokers do not set rates.
When we talk about a ‘loan product’ we are referring to the thousands of options that are currently available for you for your loan. Each bank (or lender) has loads of different loan options – low doc, package loans, re-draw facilities, plant and equipment loans, fixed, interest only, interested in advance, variable, introductory variable… the issues you face as a consumer is ‘which loan is right for me?’ And that is where a mortgage broker comes in. If you go direct to the bank, you will only be offered the loan options available through that one lender. As your mortgage broker, we do all the leg work for you. We are across many lenders and all of their loan products and our sole purpose is to find the right loan for your needs.
The information provided by the calculator is intended to provide illustrative examples based on the stated assumptions of your input.
Results are a guide only and do not constitute financial advice or a guarantee of an outcome. You should always discuss your individual circumstances with a representative of Bond Street Finance
When we help you with your borrowing needs, we consider you to be a client for life. We want you to be confident that you are working with someone who has your best interests in mind now and in the long term.
We have many years’ experience in finance and mortgage broking. Our aim is to find you the best loan for your needs, and make the process as simple and transparent as possible! Please get in touch with us today.
Postal Address:
– PO BOX 890, Newcastle, NSW, 2300
– PO BOX 1095, Parramatta, NSW, 2124
Phone: 0407 250 199
Email: info@bondstreetfinance.com