fbpx

Our Latest Articles

Our Latest Articles

Preparing For Your Mortgage - Documentation

This article is current as at September 2021 Being prepared isn’t just for Scouts. When applying for a mortgage you can significantly reduce wait time by providing all required documentation…

Read More

Revolving Credit, Floating Account, Mortgage

Most homeowners are familiar with fixed-term mortgages.  Over 80% of NZ mortgages are on some sort of fixed-term; the majority are currently for 1 to 2 years.  But it’s easy…

Read More

Ready to Buy: 3 Things First Home Buyers Can Do Today

Purchasing your first home can be confusing, getting organised can help. Here are 3 things that you can do today to get ready to apply for your mortgage. Order your…

Read More

How Do I Get a Mortgage

A lot of the nerves that first home buyers feel when they decide to buy is around the mortgage.  When the maximum loan you’ve ever applied for is a $2,000…

Read More

How To Calculate Break Costs And Decide if it a Good Strategy

For the past 12 years, interest rates (both mortgage and the Official Cash Rate) have been decreasing.  That means that almost everyone who has fixed their mortgage at some point…

Read More

Flatmates and your mortgage

So you’re looking to purchase. Could a flatmate help you purchase a more expensive house? Will a bank take that extra income into account? How much interest will flatmate income…

Read More

When Should You Transfer Your Overseas Savings If You're Buying A Home In NZ

With the long-term effects of Covid-19 still unknown, a lot of Kiwi expats are returning from overseas with the intention to purchase a home. That means bringing money home and…

Read More

How Expat Kiwis Can Buy Property in NZ and Return Home

With the Covid-19 pandemic, there has been a huge resurgence in expat Kiwis who have decided that NZ is, indeed, the best place in the world. Both Real Estate Agents…

Read More

Stop looking at the Performance of House Prices

Almost every potential house buyer, at some point, will utter some version of the words “what are house prices doing at the moment?”.  It’s an understandable concern.  You don’t want…

Read More

When to get your Accounts done

If you happen to be a salary earner, proving your income is relatively easy. As long as your employer issues decent quality payslips, you can provide the 3 most recent slips…

Read More

Bank Relief Packages and Mortgage Holidays

Article current as of 1st April 2020 (no April Fools jokes are contained – all information accurate) With the recent announcements with bank relief packages and mortgage holidays, we are…

Read More

2 Bank Account Tips the bank will never tell you

Banks are businesses and their goal is to make money and become the leading brand in the industry. This is the same goal as most other businesses and their reputation…

Read More

3 things to do now to prepare for a recession

We are entering an unprecedented time.  The Reserve Bank has announced an Official Cash Rate drop of 0.75% leaving the cash rate at a historic low of 0.25%.  Most economists…

Read More

OCR Announcement - 16th March 2020

The Reserve Bank today announced that the OCR would be reduced by 0.75% to a new level of 0.25%. International markets around the world have been severely affected by the…

Read More

How Does A Student Loan Affect A Mortgage Pre-Approval

First home buyers are often nervous about the size of their Student Loan and how it will affect their chance of getting a mortgage.  But how much does it really…

Read More

How does a Credit Card affect your mortgage?, bad debt

Kiwis like Credit Cards… a lot.  If you’ve got 10 minutes, you could get one online right now (don’t).  And the price for easily-acquired, unsecured debt is usually ~20% p.a.…

Read More

2022 Predictions Interest Rates / House Prices

It’s the time of the year when the Mortgage Lab buffs up our Crystal Ball, gazes into the infinitely complicated world of economics and comes up with sufficiently generic interest…

Read More

10 Things Homeowners Should Do Annually, But Don't

The best thing about owning your own home is that you can decorate it however you choose.  Unfortunately there are some less exciting things that every homeowner needs to do…

Read More