AMP Bank will accept investor property loan applications effective 16 November following a temporary withdrawal from the market in response to regulatory growth guidelines.
The return to investor property lending is in line with AMP Bank’s commitment to return to the market in 2015.
Investor property lending to SMSFs remains on hold in order to meet AMP Bank’s regulatory commitment for the SMSF portfolio. The bank is expected to return to SMSF lending later this year.