Calculating The Interest On Your Progress-Payment Construction
Date Published: 20 June 2022
Calculating the amount of interest expected in a progress-payment contract on a newly built house can sometimes seem daunting. In this article, we walk you through some easy calculations. Recently…
Cost Fluctuations in Build Contracts – Guest Blog
Date Published: 10 June 2022
Just a couple of years ago, the use of the words “cost fluctuation” in the residential building industry was about as common as the use of the word “liquefaction” prior…
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…
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…
Construction Mortgages – Turn-Key vs Progress Payment Contracts
Date Published: 9 December 2020
For some time now the Reserve Bank has tried to encourage mortgage lending on newly constructed properties. In other words, getting finance is slightly easier if you are purchasing a…
A glossary of common mortgage terms
Date Published: 7 October 2020
Below is a list of standard mortgage terms to help buyers and investors understand the finance journey. This list is taken from “The Successful First Home Buyer” book. Asking price…
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…