3 Tech hacks to improve productivity

Apr 23, 2018 10:18:11 AM

As technology evolves so too do our digital lives, sometimes to the point where we can start to feel bogged down by the plethora of time-saving tools and life-changing apps. When it comes to improving productivity, most of us could use a little help. Take a look at these 3 tech hacks that are guaranteed to improve productivity in your digital life.


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Topics: Mortgages, NZ Property, NZ Property Market, NZ Finance, Cost effective, Efficient, Productivity, Life Hacks, Tech Hacks

Interest Only Loans

Apr 18, 2018 12:00:00 AM

While interest only mortgages have come under intense scrutiny across the Tasman over the last year (2017), this type of lending can offer a viable solution for property investors looking to grow their portfolio. Read on to find out more about interest only loans, along with the benefits and risks.


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Topics: Mortgages, NZ Property, NZ Property Market, NZ Finance, Variable Interest Rate, Fixed Interest Rate, Variable versus Fixed, Interest Rates, mortgage rates, interest only loans

Fixed versus variable: How do you choose?

Apr 17, 2018 12:00:00 AM

Deciding between a fixed and a variable interest rate, or a combination of both, is largely a personal choice. Do you need the certainty of set monthly repayments or are you looking for a little more flexibility and a saving when interest rates drop? Each option has its own set of pros and cons. Read on to find out what these are.


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Topics: Mortgages, NZ Property, NZ Property Market, NZ Finance, Variable Interest Rate, Fixed Interest Rate, Variable versus Fixed, Interest Rates, mortgage rates

How old is too old when it comes to a mortgage?

Apr 16, 2018 9:27:06 AM

Older home buyers entering the market for the first time appear to be growing in numbers in Australia and New Zealand, as a combination of rising rents and low interest rates makes buying property a more attractive proposition. But, how big a factor is age when it comes to lenders determining your lending ability? Read on to find out.


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Topics: Mortgages, reverse mortgage, NZ Property, NZ Property Market, NZ Finance, Home Loan, Retirement, Mortgage Debt

Buying and selling at the same time

Mar 21, 2018 6:48:45 AM

Timing is often a challenge when it comes to buying a new home and selling an existing one. In a perfect world, both transactions would happen simultaneously. In reality though, you could end up owning two properties while you sell your existing home. That’s where bridging finance comes in.


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Topics: Mortgages, reverse mortgage, NZ Property, NZ Property Market, NZ Finance, Home Loan, Retirement, Mortgage Debt, Bridging Finance

Retiring with mortgage debt

Mar 19, 2018 12:00:00 AM

An alarming number of New Zealanders will retire with mortgage debt, says credit rating business Credit Simple, indicating that a financially secure retirement is out of reach for many Kiwis. But it needn’t be. Planning ahead today goes a long way towards securing your retirement income stream tomorrow.


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Topics: Mortgages, reverse mortgage, NZ Property, NZ Property Market, NZ Finance, Home Loan, Retirement, Mortgage Debt

Is a reverse mortgage an option?

Mar 15, 2018 11:04:52 AM

Many retirees depend entirely on their NZ Superannuation for their income during retirement. As a result, money can be tight, and any unexpected expenses can leave a sizeable hole in the budget. That’s where a reverse mortgage may be an option. A reverse mortgage could free up some much-needed cash when times are tough, but it’s important you understand the pros and cons of this type of lending.


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Topics: Mortgages, reverse mortgage, NZ Property, NZ Property Market, NZ Finance, Home Loan

What is LMI and do I have to pay it?

Jun 16, 2017 6:00:00 AM

As a first home buyer, you’ve no doubt got questions about the home buying process. How much deposit you need. What the lending criteria are. Using your KiwiSaver or the HomeStart Grant. There’s an awful lot of information to process and it’s understandable you might even feel a little overwhelmed. To help you navigate buying your first home, we’re outlining one of the costs you need to factor in when applying for a high LVR loan: Lenders’ Mortgage Insurance.


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Topics: NZ Property, nz mortgage, NZ Finance

Interest only mortgages: the pros and cons 

Jun 14, 2017 1:00:43 PM

When it comes to home loans, there are plenty of options to choose from. Knowing which one suits your circumstances best is often the challenge. In a short-term situation, an interest only loan could be the financial boost you need to buy an investment property or to do those home renovations while keeping your repayments as low as possible. Is this type of lending viable? Let’s take a closer look at the pros and cons of an interest only mortgage.


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Topics: NZ Property, nz mortgage, NZ Finance

Maintaining your rental property makes good financial sense

May 22, 2017 10:29:38 AM

Every five years since 1994, research group BRANZ has undertaken a “House Condition Survey” that includes an onsite assessment of the overall condition of around 550 owner-occupied and rental homes around New Zealand. Not surprisingly, the results revealed that the condition of owner occupied homes is still well above that of rental properties. Read on to find out what your obligations as a landlord are when it comes to maintaining a rental property.


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Topics: Finance, NZ Finance, Financial Health, NZ Property