Preparing For Your Mortgage – Documentation
Date Published: 3 August 2020
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…
Revolving Credit vs Floating Mortgage Account: What’s the difference?
Date Published: 20 July 2020
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…
Ready To Buy: 3 Things First Home Buyers Can Do Today
Date Published: 11 July 2020
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…
How Can I Get A Mortgage?
Date Published: 2 June 2020
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…
When should you transfer your overseas savings if you’re buying a home in NZ?
Date Published: 7 May 2020
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…
How expat Kiwis can buy property in NZ and return home
Date Published: 23 April 2020
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…
Stop looking at the performance of house prices
Date Published: 15 April 2020
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…
Bank Relief Packages and Mortgage Holidays
Date Published: 26 March 2020
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…
2 Bank Account Tips The Banks Will Never Tell You
Date Published: 21 March 2020
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…
OCR Announcement – 16th March 2020
Date Published: 16 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…
How Does A Student Loan Affect A Mortgage Pre-Approval?
Date Published: 15 March 2020
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…
How much does a Credit Card affect your lending?
Date Published: 1 March 2020
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.…
NZ Interest Rates Prediction 2020
Date Published: 25 February 2020
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…
If you quit smoking, how fast could you pay down your mortgage?
Date Published: 3 February 2020
Smoking is a difficult habit to quit but there are some powerful motivators to do so. For some, it’s the wish to live a healthier, longer life. For others, it’s…
City Focus – Tauranga
Date Published: 12 June 2018
This month our Mortgage Advisers take a good look at the property sector in the beautiful city of Tauranga. Tauranga Property Prices It would be fair to say that property…
Your mortgage rate is 8%
Date Published: 26 April 2018
Repeat after me.“The interest rate I pay on my mortgage is 8%…”“The interest rate I pay on my mortgage is 8%…” No it’s not You’re right, it probably isn’t. If…
Transfer Your Aussie Super to KiwiSaver
Date Published: 12 October 2017
It’s estimated that there is ~$5 billion of Kiwi’s funds ‘lost’ in Aussie Super funds. This is usually because that NZer was working in Australia, contributing to a Super Fund…
Meth and investment properties – it’s worse than you think
Date Published: 29 May 2017
If you’re looking in the property market at the moment, you’ve no doubt come across the dire warnings surrounding methamphetamine, meth or “P”. The chemical process for making P is incredibly…