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.


Read more

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.


Read more

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.


Read more

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.


Read more

Topics: Investment Property, First Home Buyer, 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.


Read more

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

Risks and Rewards of Being a Guarantor

Nov 26, 2020 8:11:50 AM

Many young people turn to the “Bank of Mum and Dad” to help buy a first home. By using their own home as security to guarantee part of the deposit, parents are helping their children get into a first home much sooner. If you’ve been asked to step in and act as guarantor, it’s important you understand just what it is you’re guaranteeing, and how it could impact your own financial position.


Read more

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

Home Loan Options for First Home Buyers

Nov 4, 2020 1:23:16 PM

For most first home buyers, the biggest hurdle is saving the 20 per cent deposit that many lenders require. Trying to keep up with rising house prices while saving a big enough deposit can feel impossible! If you’ve already started saving but you’re not quite there yet, there are other deposit options available to first home buyers that could make owning a first home a reality much sooner.


Read more

Topics: First Home Buyer, Buying and Selling Property

When Did You Last Review Your Mortgage?

Sep 24, 2020 9:17:59 AM

Home loan interest rates have fallen to historic lows in 2020 and economists are predicting even lower mortgage interest rates in the months ahead in response to the economic fall-out from COVID-19. Lower interest rates mean more opportunities for both homeowners and first home buyers looking to enter the market, with more affordable repayments and the potential to get debt-free faster. If you haven’t reviewed your mortgage in a while, now’s a good time to do that.


Read more

Topics: Mortgage Advisers, First Home Buyer, Buying and Selling Property

5 Things Your Mortgage Adviser Wants You To Know

Aug 26, 2020 6:19:47 PM

For the first time in several years, first home buyers have accounted for a sizeable chunk of new mortgages, according to data released in June 2020 by the Reserve Bank of New Zealand. With record low interest rates and the removal of loan to value restrictions, many more first home buyers are seizing the opportunity to enter the property market. If you are considering buying your first home, take a look at these 5 things your mortgage adviser wants you to know before you apply for a mortgage.


Read more

Topics: Mortgage Advisers, First Home Buyer, Buying and Selling Property

Property Market Tracking Well Despite Pandemic

Aug 26, 2020 6:07:41 PM

Despite economists predicting a “doom and gloom” slump for New Zealand’s property market, house prices continue to rise in some areas, defying the odds and reconfirming real estate’s strength as a solid investment. For first home buyers looking to enter the market, now may be the best time, with record low interest rates, no loan-to-value restrictions (LVR) and regional fluctuations in house prices. As always though, it’s important you place yourself in the best possible position to move quickly on a deal. Here’s how to do that.


Read more

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