Loan options & structuring

You may choose to structure your investment property loan a little differently from your own home loan, and you’ve got the flexibility to do so with Westpac’s various home loan options. Our Investment Property Lending Specialists are here to help advise on home loan options when you need them, and can visit you to talk through setting up your investment property’s loan structure.

Why choose Westpac?

Meet our Investment Property Lending Specialists

Sometimes you just want face-to-face help from a person who knows their stuff – and that’s when you can arrange for one of our Investment Property Lending Specialists to visit you. Located around the country, they can come to you anywhere, on any day of the week between 7:30am and 10pm. Everyone in our team is experienced in helping customers with their borrowing options, and many of them are landlords themselves.

How can they help?

When our Investment Property Lending Specialists come to visit, they can:

  • share their expertise and up-to-date knowledge on investment property lending 
  • review your financial situation in context of home loan options
  • explain our range of home loan products suitable for property investment
  • advise on loan structure and repayment options
  • introduce you to useful people within their strong local networks, such as accountants, lawyers, property managers etc
  • share Westpac's tools, calculators and reports to empower you to make better decisions
  • bring in our specialist Wealth Advisers if you'd like help with your financial and investment planning.

Why keep all your home loans with Westpac?

Having a single view of your finances can help us set you up with the best overall loan structure to suit you and your situation. It also enables us to make faster decisions when it comes to approving new loan applications. We can also access more competitive pricing for you, as we can negotiate deals based on your total relationship with us.

Loan options

Here's a look at our loan options

If you're already a homeowner, you’re probably familiar with home loan options like fixed, floating and split – which is a combination of the two. 

Why a Split Home Loan?

Property investors tend to use split home loans to spread risk and to get the benefits of both floating and fixed interest rates. Having part of your loan on floating gives you flexibility (like the ability to make lump sum payments), while putting a portion of your loan on a shorter fixed term interest rate and a portion on a longer fixed term could help you spread your risk if interest rates go up or down.

Please see the below example showing some different options for how you can split your loan between fixed and floating.

Split final

Set up and structuring

Setting up to invest in residential property

Let’s take a look at things you’ll want to know as you prepare to become an owner of a residential investment property – from ways you can structure your ownership to the records you’ll need to keep.

Types of ownership

You may not own your investment property in the same way you own your home, especially if you’re looking at a different property type.

For instance there are different ways in which property ownership can be structured. You could own a property individually or jointly with another person. The property could be owned by trustees of a trust, or a company or another entity type such as a partnership.

Your accountant, lawyer and/or financial adviser can help you decide which structure might best suit your needs. The ownership structure you select will depend on your individual circumstances and goals.

Check out the Inland Revenue Department website for information on tax treatments of different ownership types.

Investment property tax considerations

There may be some tax benefits from owning a residential investment property. To understand things like tax deductions and what you can actually claim, please talk to your accountant, tax adviser and/or lawyer for financial, taxation and legal advice specific to your needs.

Keep records

This sounds like a no-brainer, but keeping clear and accurate records of your property and everything to do with it is essential. That includes legal records of your ownership, record of any renovation work, and of things to do with the management of your tenants. Proof of your income and expenditure should be kept for tax purposes.