There’s never been a better time to buy

Dec 17, 2018 11:31:41 AM

If you’ve been waiting to buy your dream home or invest in a rental property, this could be the push you need. House price growth in New Zealand has largely peaked, the ban on foreign buyers is likely to dampen demand, and an interest rate hike appears unlikely, at least in the foreseeable future. Property experts agree: now’s a good time to buy.

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Topics: Kiwisaver, NZ Property, nz mortgage, NZ Property Market, HomeStart Grant, Buying a home, First time homeowner

Protecting your home with Mortgage Insurance

Jul 17, 2018 8:00:00 AM

Have you ever considered what would happen if you were unable to work? How long could you continue to pay your mortgage for before your savings run out? Mortgage and Income Protection Insurance could be the solution you need. It’s an insurance designed to meet your mortgage repayments when you can’t. Read on to find out more.

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Topics: Mortgages, Home Loan, Mortgage, nz mortgage, NZ Mortgage Adviser, Home Loan Protection Plan

Home loan pre-approvals: What you need to know

Feb 19, 2018 12:05:25 PM

Having a pre-approval in place before you start house hunting has a number of benefits: As well as showing sellers and agents you’re serious about buying, it helps speed up the process when you find a home you like, which puts you in a far better negotiating position. If you are considering applying for pre-approval, take a look at our tips for a successful pre-approval application.

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Topics: Pre-approvals, Home Loan, Mortgage, new zealand property, new zealand real estate, nz mortgage, mortgage adviser, NZ Property Market, family home

Divorce or separation and the family home

Feb 19, 2018 8:00:00 AM

The end of a relationship is understandably an emotional and traumatic time, and the process of separating your lives, property and finances can be challenging. As your income and expenses are likely to change at this time, it’s important you understand the impact of these changes on your most important asset: your family home.

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Topics: Home Loan, new zealand property, new zealand real estate, nz mortgage, mortgage adviser, NZ Property Market, separation, family home, divorce

Non-bank lending options

Feb 14, 2018 8:00:00 AM

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.

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Topics: Home Loan, new zealand property, new zealand real estate, nz mortgage, mortgage stress, mortgage adviser, Home loan rates, NZ Property Market, non-bank lender, lending options

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 Finance, NZ Property, nz mortgage

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 Finance, NZ Property, nz mortgage