A Lannock Strata Loan is an unsecured loan to the body corporate to fund strata improvement projects like renovations, defects, green projects and repairs. Lannock will also fund strata insurance, professional services and litigation.
Owners enjoy the lifestyle benefits and investment returns of completing the project sooner. And because you aren’t waiting around for a sinking fund to accumulate, you can pay today’s costs and avoid the problem getting worse.
Strata borrowing may be particularly beneficial for investors – please refer to your tax adviser