Pre-approvals to fail mid-deal as lenders rewrite borrowing rules

While most investors have been rattled by the tax overhaul, the biggest risk right now isn't the budget itself, but how lenders are reacting to it, with pre-approvals increasingly unreliable and buyers at risk of being caught mid-deal.

On The Smart Property Investment Show, Phil Tarrant speaks with Eva Loisance, principal at Finni Mortgages, about the post-budget lending shake-up and what it means for investors trying to secure finance in an increasingly unpredictable environment.

Loisance explains that pre-approvals are no longer a safe assumption, with some lenders already stripping out negative gearing from servicing models...