The CCCFA and How It Affects Property Buyers
Date Published: 3 February 2022
The Credit Contracts and Consumer Finance Act (CCCFA) came into force on the 1st December 2021 and was largely meant to protect consumers from high-interest loan sharks. Unintended effects of…
How Do You Get a Mortgage on a Tiny Home?
Date Published: 17 January 2022
Tiny homes are all the rage these days. With more people looking to downsize their lives, these little houses are popular among homeowners and renters alike. However, one of the…
What is the Housing Supply Bill About?
Date Published: 1 November 2021
Recently Labour and National shocked New Zealand by not only agreeing on something but also working together on a new housing bill: the Resource Management (Enabling Housing Supply and Other…
Why are There Still Lots of Property Investors in the New Zealand Market?
Date Published: 28 October 2021
If you’re interested in property investment in New Zealand, you’re likely no stranger to the increased lending restrictions put in place this year. These restrictions were intended to discourage small…
Can I Get a Top-Up on My Mortgage?
Date Published: 7 October 2021
There are many valid reasons why you might be looking to pull some equity out of your property to use elsewhere. This is commonly called a ‘top-up’ on your mortgage. …
How Soon Can You Re-apply For A Mortgage After Being Declined?
Date Published: 1 October 2021
No one likes being rejected. Some of us still blush when we remember being turned down by Patrick Summers at the Year 9 dance. That’s just for instance. We’re not…
Applying for Financial Hardship as a Property Owner In A Covid-19 World
Date Published: 1 September 2021
This article is current as of 1 September 2021 It’s Covid-19 lockdown déjà vu for New Zealand. While most of the country is now at level 3 Auckland will remain…
Should I Purchase a New Build or an Existing House?
Date Published: 30 August 2021
There’s a lot to weigh up between a new build or an existing house. Some of it is a personal preference; the beauty of a stained glass window in a…
Buying a House with Bitcoin – Can it be Done?
Date Published: 25 August 2021
In no way does this article condone the investment in Bitcoin. Invest to your personal level of risk tolerance and always seek advice before engaging in any form of speculative…
Interest-Only Mortgages
Date Published: 24 August 2021
This article is current as at 1 September 2021. Interest-only mortgages can be the right strategy in certain circumstances. Unfortunately freeing up money in order to go on holiday isn’t…
How to correctly export your bank statements
Date Published: 23 August 2021
Your mortgage adviser will need to check your bank statements and include them in the mortgage application. Below are the instructions for getting the correct versions of your bank statements.…
The Income Hurdle – Why Most Kiwi Investors Only Own a Single Investment Property
Date Published: 28 July 2021
For many of us, the game Monopoly informs our earliest understanding of how investment property works. And so we are given to believe that it’s fairly straightforward to grow from…
Property Experts You Need on Your Team
Date Published: 27 July 2021
Surrounding yourself with property experts is not just a good idea; it’s absolutely necessary. And while it sounds expensive, you don’t need to be rolling in cash. In fact, in…
Why Should You Use a Mortgage Broker If You Already Have a Mortgage?
Date Published: 20 July 2021
When you think about mortgage broking (okay, you probably don’t think about mortgage broking but stay with us) you probably think about it in the context of buying a house.…
What Happens When You Go to Buy Your Next House?
Date Published: 30 June 2021
Buying your first house is quite a linear process, you get pre-approval, you buy a house. When it comes time to sell your home and buy a new one, the…
Debt to Income Ratios: What Are They and How Are They Measured?
Date Published: 22 June 2021
On 16 June 2021, the Government announced that the Reserve Bank has been given the authority to use debt-to-income lending restrictions as another tool in the toolbox to help settle…
What Happens When You Buy a House?
Date Published: 1 June 2021
Living for the moment. Carefree long wavy hair and lots of paisley clothes. Sounds blissful, but in reality you might feel better having read the menu online before going to…
Better Budget – All About Your Heat Pump
Date Published: 24 May 2021
Heat pumps are great. They are efficient and quick to work. In fact, GenLess says that a heat pump is the most energy-efficient way of using electricity to heat your home.…