In this episode of the Smart Property Investment Show, host Phil Tarrant is joined by Eva Loisance from Finni Mortgages to discuss the critical role of finance and professional guidance in property investment.

They begin by discussing the importance of surrounding oneself with knowledgeable brokers, accountants, and financial planners, while also acknowledging the ethical challenges that can arise when working with industry professionals.

Loisance highlights that entry requirements for mortgage brokers are relatively low, meaning some may lack the expertise to provide sound advice, making it essential for investors to choose advisors carefully.

The duo then explores regulatory improvements, such as the best interest duty introduced in 2021, which requires brokers to act in their client's best interest and document their recommendations.

Despite the new rules, unethical practices like non-disclosure of referral fees or favouring higher-commission lenders still exist, prompting Tarrant and Loisance to urge investors to ask probing questions and seek transparency.

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