I am from VIC. If you run the lease for longer then 5 years this exempts me from complying with the RTA.
The reason I asked about the UCCC is, if you decide to go variable int rates your lease payment is going to be changing all the time. This being the case you are affectively providing...
When doing a Lo's are you guys using variable or fixeed int rates?? the problem is if you lock in for 5 years and then the purchaser decides to refinance after 3 years they pay hefty penalties. But then if you use variable your lease repayments are always changing & you are probably then...
I agree. I bought the guide a couple of months ago. It was useless. I did email them a complaint but got no response.
I also find it hard to believe they have had no complaints.