Get Your Home (and Your Finances) Winter-Ready

Apr 30, 2021 8:28:00 PM

As the days get shorter and the nights get colder, it’s time to think about getting your home winter-ready. Keeping your home healthy and warm during the colder months takes careful preparation, and Autumn is a great time to get stuck into those preparations to ensure your home is fit for purpose ahead of the challenging winter months. Here are 5 tips to help you prepare your home for winter.

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Topics: First Home Buyer, Health and Wellbeing, Buying and Selling Property

5 Questions to Ask Before Fixing Your Interest Rate

Apr 30, 2021 10:33:13 AM

Interest rates have hit record lows over the past year, but an improving economy is likely to put pressure on interest rates rising sooner than expected. Locking in a fixed home loan rate could be the answer for borrowers seeking certainty for a fixed term. As always though, the best solution depends on borrower’s own circumstances and it’s advisable to seek advice from a mortgage adviser before making any interest rate decisions. If you are considering fixing your home loan rate, here are 5 questions to ask.

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Topics: Interest Rates, First Home Buyer, Buying and Selling Property

Get Auction Ready With These 5 Tips

Apr 21, 2021 2:30:25 PM

Property auctions can be a good way to buy your next home or investment property, provided you know what you’re doing. Unlike a private sale where buyers can add conditions to a contract – like a finance or building inspection condition – when it comes to buying property at auctions, buyers have to do their due diligence before they even bid. If you are planning to bid at an auction, it’s important you’re prepared. Check out these 5 tips to get auction ready.

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Topics: Investment Property, First Home Buyer, Buying and Selling Property

New Zealand Property Market Update | April 2021

Apr 20, 2021 2:25:47 PM

From 01 April 2021, a number of government-led changes have come into effect aimed at fixing New Zealand’s housing crisis and slowing rampant house price inflation. Along with a considerable funding boost for new home builds and measures designed to slow down investors, the First Home Grant and First Home Loan income and house price caps have increased to assist first home buyers. Here’s a breakdown of the measures government has initiated.

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Topics: Investment Property, First Home Buyer, Buying and Selling Property

Tenancy Reforms: An Update For Landlords

Apr 1, 2021 8:30:15 AM

In what’s been described as the biggest overhaul of tenancy laws in thirty-five years, a number of tenancy reforms came into effect in February 2021. The bulk of these reforms have been designed to improve the wellbeing of renters and address issues like instability, uncertainty, and disruption to tenants and their families. If you are a landlord or a renter, here is an outline of the tenancy reforms already in force and those still to come.

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Topics: Investment Property, Buying and Selling Property

Teaching Your Kids to be Financially Savvy

Apr 1, 2021 8:17:00 AM

In a world where instant gratification has become a normal way of life, it’s more important than ever that children learn smart money skills from a young age. Many children grow up believing that mum and dad are a never-ending ATM, with online access to just about anything with the click of a button. And while it can be hard having to say no sometimes, it’s a big part of cultivating a healthy relationship with money. To help set your children up for a financially savvy future, here are some helpful things to consider.

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Topics: Financial Health, NZ Mortgage Adviser, Buying and Selling Property

What The Changes to LVR Mean For You

Mar 8, 2021 12:08:00 PM

From 1 March 2021, loan-to-value ratio (LVR) restrictions will be back in place, changing the way both investors and first home buyers are able to access bank lending. LVRs were removed in 2020 following the COVID-19 outbreak. But now, in an effort to cool the New Zealand property market which has performed far better than expected, The Reserve Bank of New Zealand has one again implemented LVR restrictions Here’s what this means for you.

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Topics: First Home Buyer, COVID-19, Buying and Selling Property

Getting Help When You Can’t Pay Your Mortgage

Mar 5, 2021 12:05:00 PM

COVID-19 hit many New Zealand families hard, with reduced hours and job losses that left homeowners struggling to repay the mortgage. While most banks offered an initial 3-month and then a further 6-month mortgage deferral in 2020, most deferrals end on 31 March 2021 and homeowners are expected to restart mortgage repayments. If you’re experiencing financial stress or difficulties, here are some ways you may be able to get help.

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Topics: Mortgage Advisers, COVID-19, Buying and Selling Property

When It Pays To Review Your Insurance

Feb 23, 2021 8:57:21 AM

Life changing events often signal the right time to review insurance cover and make any necessary adjustments to policies. While insurance may not always be top of mind, a regular review of all insurance cover ensures your policies still reflect changes to your lifestyle and financial situation. To help you plan an insurance review at the right time, we’ve outlined some of the milestone events that could trigger an insurance review.

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Topics: Mortgage Advisers, Insurance Advisers, Buying and Selling Property

3 Questions to Ask Your Mortgage Adviser Today

Feb 22, 2021 8:53:55 AM

As the link between lenders and borrowers, mortgage advisers help their clients identify the right home loan with interest rate and terms to fit their financial situation. With access to a panel of lenders, they can shop around for the borrower and match them up with the right lender. If you haven’t already worked with a mortgage adviser, and you’re unsure just how they can help you, start by asking your mortgage adviser these three questions.

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Topics: Mortgage Advisers, Home Loan, Buying and Selling Property