Money

Heritage mortgages go nationwide

Heritage Bank CEO Mr John Minz.
Heritage Bank CEO Mr John Minz.

HERITAGE Bank will expand its mortgage broker network to offer home loans in every state and territory in Australia from tomorrow.

Heritage, Australia's largest customer-owned bank, will tomorrow start offering home loans in Western Australia, Tasmania and the Northern Territory.

Heritage has already been offering loans via mortgage brokers through the rest of Australia for up to 15 years.

CEO Mr John Minz said the move represented another milestone for the Toowoomba-based organisation, which changed its name from Heritage Building Society to Heritage Bank in December last year.

"Heritage offers a strong and stable alternative to the big banks, with our people first approach the reason we've recorded the highest customer satisfaction rating of any bank in Australia".

"We're thrilled to be expanding our mortgage broker reach nationwide so that people throughout Australia can now enjoy the fantastic products and services that we provide.

"We've already started receiving significant interest from Western Australia, Tasmania and the Northern Territory and we look forward to growing our share of the home loan market in those states."

Heritage Bank represents a new style of bank in Australia - the customer-owned mutual bank. Unlike the big banks, which are listed on the ASX and owned by external shareholders, Heritage is owned by its customers.

That means Heritage does not have to chase big profits to pay dividends to shareholders. Rather, Heritage retains its profits and uses them to provide better interest rates, fairer fees and charges, and higher levels of service.

"The end result is a better deal for our customers. For anyone in the market for a home loan, don't think the big banks are the only option.

Heritage can offer you a fantastic deal, wherever you might be in Australia, with customer service that helps make us the most loved bank in the country," Mr Minz said.

Topics:  heritage bank, lending, toowoomba



Motocross accident on property off Cunningham Highway

The ambulance has been called to an accident at Gap Creek Farm.

Rider comes off motocross bike on Southern Downs

Weather outlook after rain early this morning

More rain is forecast for the Southern Downs

Weather outlook after Southern Downs residents wake to Sunday rain

PHOTOS: Morgan Park packed with racers

Chris Lamberth made the trip to Morgan Park from Toowoomba.

THERE'S little doubt Warwick is becoming a hub for motorsport action

Local Partners

9000 reasons to support our community clubs

Community clubs are good at what they do. They are not so good at telling the world about what they do, as Clubs Queensland CEO Doug Flockhart explains.


Bonus point gets Dan and Carleen over the line on The Block

Dan and Carleen in their winning living and dining rooms in a scene from The Block.

BABY boomers win living and dining week as show hits halfway mark.

Olivia Wilde having a girl

Olivia Wilde revealed she is expecting a baby girl.

Pottery club to put students' creations on show

Caitlyn Hennoste paints coloured slips on her bird feeder.

Stanthorpe Pottery Club will put stunning creations on show

Michael Palin: Terry Jones dementia is 'painful' to see

Michael Palin has found Terry Jones' decline "painful to watch"

Diverse works on show at Robert Channon exhibition

Artists Leon and Bruce Ward at the art exhibition at Robert Channon Wines' Singing Lake Cafe.

Robert Channon Wines has transformed into an art gallery

Daniel Radcliffe hoped for haircut anonymity

Radcliffe thought shaving his head would make him more anonymous

Rural properties expected to soar as investors seek income

Rural properties are should become highly sought after

Property 200m from ocean selling for just over $100K

BEACHCOMBER PARK: Work has started on a new $19.2 million development at Toogoom.

The estate's developer is offering huge discounts for early buyers.

UPDATE: Former rodeo champ's sale rained out, now back on

Larkhill local Ken Consiglio is having an auction of most of the things on his property.

'People kept showing up and we had to turn them away'

First stages of $25 million housing development underway

New development on Madsen Rd - The Springs.

The blocks of land are much bigger than usual

Couple build their own 'tiny house' for $45k

Holly Bowen and Oli Bucher built their "tiny house" themselves, only hiring a plumber and an electrician. Photo/supplied

The house, which is built on a trailer and can be towed.

Rocky proves prime real estate in latest REIQ report

Kas Woch sold this Wood St home in Depot Hill for $107,000 in August.

A new investor's market as Rocky house prices hit lowest in state