fbpx

The Bank Declined My Investment Property Mortgage Application – Equity Hurdle

Date Published: 1 April 2023

It happens to almost everyone eventually. You walk into the bank, ask for an amount of money, either to buy a car, house or business and the bank declines you. We look…

Read More

6 Tips for bidding at auction

6 Tips for Bidding at Auction

Date Published: 17 March 2023

Auctions can be an exciting and competitive way to purchase a property. However, the auction process can also be intimidating and stressful for unprepared people. To increase your chances of…

Read More

The Rule of 72

The Rule of 72: A Simple yet Powerful Financial Tool to Estimate Investment Growth

Date Published: 16 March 2023

The Rule of 72 is a widely-used financial concept that allows investors to estimate how long it will take for an investment to double in value, given a fixed annual…

Read More

Buying a home with friends

Can I Buy A Home With Friends

Date Published: 15 March 2023

While house prices have eased, getting the deposit together for a first home is still a big ask. Kiwis are asking whether it is worth buying with friends instead of…

Read More

Deposits: How much do you need for your first home?

Deposits: How much do you need to buy your first home?

Date Published: 6 December 2022

If you have less than 20% deposit, you are referred to (by the banks) as a Low Equity (or Deposit) Borrower. You are required to meet a different set of…

Read More

Divorce and Mortgages

Getting a Divorce and a Mortgage – Here’s What to Know

Date Published: 16 October 2022

Divorce is usually an incredibly stressful, time consuming and brain draining process. Conversations over dividing the kitchenware can be as tense as a peace treaty negotiation – yes, who gets…

Read More

Mortgagee Sales – What To Look Out For

Mortgagee Sales – What To Look Out For

Date Published: 16 August 2022

Property prices have increased significantly over the past few years but so have interest rates and with recent changes to the CCCFA, lending has gotten more difficult.  It can be…

Read More

Calculating The Interest On Your Progress-Payment Construction

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…

Read More

What is a Reverse Mortgage?

Date Published: 18 June 2022

Retirees often find themselves in a difficult financial position.  Short on income but lots of equity, usually stored in their homes.  A typical mortgage top-up won’t work in this scenario. …

Read More

3 things to do now to prepare for a recession

Prepare, Don’t Panic – 3 things to do right now to prepare for a recession (and 1 thing you shouldn’t)

Date Published: 9 June 2022

We are entering an unprecedented time.  The Reserve Bank has announced an Official Cash Rate increase from the historic low of 0.25% up to 2%.  Some economists expect a recession…

Read More

How Do Banks Calculate if I Can Afford an Investment Property?

Date Published: 29 May 2022

This article is available in Chinese here. If you’re looking into whether you can afford an investment property, you’re not alone. Owning rental properties is a common kiwi dream. Many…

Read More

银行如何计算我是否负担得起投资物业?

Date Published: 28 May 2022

拥有出租物业是新西兰人的普遍梦想。我们中的许多人都设想退休后会拥有几个或更多的永久业权财产,每周都会带来大量的钱来补充我们的养老金。

Read More

10 Things Homeowners Should Do Annually, But Don't

10 Things Homeowners Should Do Annually, But Don’t

Date Published: 27 May 2022

We love a good list, and a list of ten is universally acknowledged to be the best kind of list. So we’ve pulled together the 10 things home owners should…

Read More

First Home Loan Versus First Home Grant

First Home Loan vs First Home Grant

Date Published: 22 May 2022

Previously, we’ve looked at the difference between First Home Grants and KiwiSaver.  Another often confused, pairing is the First Home Loan (previously known as the Welcome Home Loan) facility and…

Read More

First Home Grants and KiwiSaver

First Home Grants and KiwiSaver

Date Published: 21 May 2022

First home buyers can often get tangled up in the pile of new concepts to learn.  In this article, we explore the basics of withdrawing your KiwiSaver and meeting the…

Read More

All About Conveyancing

Date Published: 20 March 2022

When you’re buying a house, there are a lot of things to think about. One of the steps that is often a mystery for homebuyers is what happens with their…

Read More

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…

Read More

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…

Read More