{
  "source": "https://api.cds.boqspecialist.com.au/cds-au/v1/banking/products/86906e88-5c03-ee11-8f6e-00224814d330",
  "note": "Product Reference Data published by the data holder under the Consumer Data Right, as cached by this site (refreshed every 6 hours).",
  "data": {
    "productId": "86906e88-5c03-ee11-8f6e-00224814d330",
    "lastUpdated": "2026-06-19T01:10:32Z",
    "productCategory": "BUSINESS_LOANS",
    "name": "Goodwill (Practice Purchase Loan)",
    "description": "Do you dream of owning your own private practice? Or a share of an existing practice? Our extensive experience in lending to doctors, dentists and vets means that we understand the value of your profession and are able to lend against the practice's goodwill and equipment, rather than your home. We can lend up to 100% of the amount you need to buy an existing practice without requiring you to use your home or other property as security. We can also lend up to 100% of the amount you need to buy into an existing partnership or increase your share in a practice. Existing partners can remain unaffected as we only take security interest over your share of the partnership.",
    "brand": "BOQS",
    "brandName": "BOQ Specialist",
    "applicationUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans",
    "isTailored": true,
    "additionalInformation": {
      "overviewUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans",
      "termsUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans",
      "eligibilityUri": "https://www.boqspecialist.com.au/about",
      "feesAndPricingUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
    },
    "features": [
      {
        "featureType": "OTHER",
        "additionalInfo": "Access to a range of products to help you with other costs related to practice purchases, such as legal fees, conveyancing and stamp duty",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "Choose a flexible loan structure and repayment terms to suit your cash flow needs",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "Benefit from our competitive fixed and variable rate options",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "Secure against goodwill and equipment, rather than against your home or other property",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "featureType": "REDRAW",
        "additionalInfo": "Redraw on your existing goodwill equity and tangible assets for personal or business related needs",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "Borrow up to 100% of the purchase price of an existing practice, or a share in a partnership (subject to credit approval)",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      }
    ],
    "eligibility": [
      {
        "eligibilityType": "OTHER",
        "additionalInfo": "Exclusively available to medical, dental, veterinary and accounting professionals",
        "additionalInfoUri": "https://www.boqspecialist.com.au/about"
      }
    ],
    "fees": [
      {
        "name": "Termination Fee",
        "feeType": "EXIT",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Payable if an agreement is terminated before expiration of the term of that agreement",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "name": "Consent to lease Fee",
        "feeType": "VARIATION",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "395.0000"
        },
        "currency": "AUD",
        "additionalInfo": "Charged when a consent to registration of lease and production of Certificate of Title is required",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "name": "Monthly Account Keeping Fee",
        "feeType": "PERIODIC",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "25.0000"
        },
        "currency": "AUD",
        "additionalValue": "P1M",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "name": "Documentation or Establishment Fee",
        "feeType": "UPFRONT",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Charged for set up of the Facility",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "name": "Break Costs",
        "feeType": "VARIATION",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Payable if an agreement is terminated before expiration of the term of that agreement",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "name": "Trust Deed Review",
        "feeType": "VARIATION",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "220.0000"
        },
        "currency": "AUD",
        "additionalInfo": "Charged when a trust deed requires review",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "name": "Settlement Cancellation Fee",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "150.0000"
        },
        "currency": "AUD",
        "additionalInfo": "Charged if a booked settlement does not proceed",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "name": "Application Reassessment Fee",
        "feeType": "VARIATION",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "250.0000"
        },
        "currency": "AUD",
        "additionalInfo": "Charged when an application is reassessed",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "name": "Escrow Services Fee",
        "feeType": "EVENT",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "An escrow services fee is payable at the end of each escrow agreement you make with us.",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "name": "SWIFT Fee",
        "feeType": "PAYMENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "30.0000"
        },
        "currency": "AUD",
        "additionalInfo": "Charged if sending payment via SWIFT",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "name": "Variation Fee",
        "feeType": "VARIATION",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "$395 - $950. Charged for any variations made to the loan that need documentation",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "name": "Discharge Fee",
        "feeType": "EXIT",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "$150 (PPSR security) $250 (property) Charged each time a security is discharged (per security)",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "name": "Substitution/Assignment/Novation Fee",
        "feeType": "VARIATION",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "$450 plus any applicable External Costs",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "name": "Bank Cheque Fee",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "25.0000"
        },
        "currency": "AUD",
        "additionalInfo": "Charged if sending payment via Bank Cheque (per bank cheque). No new Bank Cheques will be issued from 30 June 2026.",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      },
      {
        "name": "Payment Dishonour Fee",
        "feeType": "DISHONOUR",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "45.0000"
        },
        "currency": "AUD",
        "additionalInfo": "Charged each time a cheque or payment made by you is dishonoured",
        "additionalInfoUri": "https://www.boqspecialist.com.au/practice-finance/practice-purchase-loans"
      }
    ],
    "lendingRates": [
      {
        "rate": "0.0860000000000000",
        "calculationFrequency": "P1D",
        "applicationType": "PERIODIC",
        "applicationFrequency": "P1M",
        "additionalInfoUri": "https://www.boqspecialist.com.au/important-information/commercial-residential-reference-rates",
        "lendingRateType": "VARIABLE",
        "interestPaymentDue": "IN_ARREARS",
        "repaymentType": "PRINCIPAL_AND_INTEREST",
        "loanPurpose": "OTHER"
      }
    ]
  }
}