The mortgage broking group has announced that one of its franchises has been acquired by a Perth real estate agency.
Abel McGrath Claremont, which is one of Perth’s “leading” real estate agencies according to MoneyQuest, has recently acquired one of the brokerage’s franchises.
Simon McGrath, the principal of Abel McGrath, explained that the decision to enter the home finance space has been driven by the agency’s desire to provide a more holistic client service.
“In an environment where mortgage lending rates, borrowing capacity and serviceability guidelines are changing almost daily, we found many of our clients were confused about the home loan market,” he said.
“By joining MoneyQuest, we are able to provide expert mortgage advice to our clients and streamline the process of buying a home or investment property.”
MoneyQuest managing director Michael Russell said that the broking group is “thrilled” to be working closely with the team at Abel McGrath Claremont.
“I am confident the partnership will prove successful for both firms while delivering an outstanding experience for home buyers and property investors in the Claremont region,” he concluded.
[Related: National brokerage hits 50 franchises]
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