The home you want.
Paid through your council rates.
Property Linked Finance (PLF) spreads the cost of eligible improvements over many years. The charge covers the improvements plus the cost of financing them. You pay it off through your council rates. If you sell, the remaining charge can stay with the home, or you can pay it out.
Businesses can use it today. Homes need a law change first.
Three steps.
01
02
03
You choose the improvement.
A capital provider pays for the work upfront.
You pay over time.
The charge is collected through council rates.
You can move on.
The charge can pass with the property, or you can pay it out.
What it could
mean for you.
Keep your savings.
Pay over time, not all at once.
Smaller yearly payments.
Spread the cost over as long as the upgrade lasts, up to 20 years.
Staying with the home was the most appealing feature for new-home buyers, owner-occupiers and landlords in the Monash research.
Leave it with the home.
If you sell, the next owner can take over the payments.
A better rental.
A more comfortable home, with any agreed contribution separate from rent.