RAMS to offer real estate data to home loan customers

RAMS Home Loans has joined forces with real estate data provider Residex to offer property investors access to residential sales information.

According to RAMS, which is a Westpac-owned business, the partnership will allow prospective investors to access Residex reports once they identify the residential areas they are interested in.

The reports will provide information on median sale price, median rent, historical and predicted growth as well as a list of current properties for sale.

RAMS head of franchise Clive Kirkpatrick said: "Armed with Residex reports, RAMS franchisees can provide customers with useful information about how to get started, how to select an appropriate property and the main costs involved with owning an investment property."

The news may interest Aussies who decide to compare home loans in search of the best deals.

There are currently 46 RAMS franchisees operating over 70 home loan centres in Australia.

Last week, the latest AFG Mortgage Index revealed that property investors are making up a growing proportion of home loan applicants and recipients.

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