Choosing a mortgage involves a great deal more than simply approaching your bank for a loan. Shopping around both bank and non-bank lenders is an important part of the process which, regrettably, too many Kiwis neglect to do. It’s true that non-bank lenders haven’t always enjoyed the best reputation, but more and more home buyers are discovering just how effective this type of lending can be, particularly when banks say no.
Topics: Home Loan, new zealand real estate, nz mortgage, mortgage stress, mortgage adviser, Home Loan Rates, non-bank lender, lending options
Having your mortgage application declined isn’t necessarily the end of the road when it comes to your home buying journey. There are a few reasons why your lender may turn you down and understanding what these are is the key to your success. Here are 4 of the most common reasons why lenders may decline a mortgage application.
Topics: Credit Card Debt, Debt, new zealand real estate, mortgage stress, mortgage adviser, Budgeting, 2018 budget
As Auckland’s housing market continues to grow, albeit at a much slower rate, a major bank has forecast a decrease in house prices across New Zealand over the next four years. New Zealand’s labour-led government policies kick in this month, and an easing up of LVR restrictions could be just the boost first home buyers need. Take a look at some of the property market changes you could expect in 2018.
Topics: Credit Card Debt, Debt Consolidation, Debt, new zealand real estate, mortgage stress, mortgage adviser, Budgeting, 2018 budget
There’s no doubt that Christmas can be an expensive time. Family holidays, costly Christmas gifts, and maybe even a little something for yourself. Unfortunately, in January when the credit card bills start rolling in, reality hits many people. To help you overcome a Christmas debt hangover, we’re sharing our new year budgeting tips.
Topics: Credit Card Debt, Debt Consolidation, Debt, new zealand real estate, mortgage stress, mortgage adviser, Budgeting, 2018 budget
If you haven’t already given much thought to budgeting for the year ahead, now’s a good time to start. Having a budget can help you reduce overspending, help you save more, and ensure you avoid situations where unplanned expenses drive you into debt. To help you plan a more financially secure 2018, here are our top budgeting tips.
Topics: Debt Consolidation, new zealand real estate, mortgage adviser, Budgeting, 2018 budget
Investing in property has the potential to provide astute buyers with an excellent return. But, as any seasoned investor will tell you, you need to spend money in order to make money. It needn’t cost you thousands of dollars, however, to add value to your home and increase your equity. There are a few key things you can do even on a shoestring budget.
Topics: new zealand real estate, Home Maintenance, mortgage adviser, Home Renovations
There’s nothing quite like Christmas for evoking memories of long, lazy summer days, presents under the tree, and BBQ’s on the beach. Unfortunately, for many people though, Christmas can be a stressful time too. Coping with extra expenses at this time of year without blowing the budget is a challenge. Here are our tips for doing just that.
Topics: Christmas, new zealand real estate, mortgage adviser, Budgeting, Christmas spending
It’s hard to believe it’s that time of the year again. Before you get carried away by the silly season, take a moment to slow down and plan some fun holiday traditions to share with your family. From Secret Santa to a Christmas countdown, here are some of our favourite ideas to help you get started on creating your own Christmas holiday traditions.
Topics: Christmas, new zealand real estate, mortgage adviser, Holiday Traditions
Tracking your KiwiSaver’s performance is an important part of managing your investment. With a range of providers and funds to choose from, even the smallest difference in annual earnings can quickly add up to a significant amount. To get the most out of your fund, it’s important you review your KiwiSaver at least every year.
Topics: Kiwisaver, LVR, new zealand real estate, First Home Buyer, mortgage adviser
From January 2018, the Reserve Bank is easing lending restrictions for home buyers and property investors. In place since 2013, LVRs were introduced to help slow rapid house price inflation and rising household debt. While only an incremental change has been confirmed, it’s likely to have a positive impact on first home buyers.
Topics: LVR, new zealand real estate, First Home Buyer, mortgage adviser
