Kiwibuild reset finally drops, but leaves many underwhelmed, as do spring sales volumes.
Kiwibuild reset finally drops, but leaves many underwhelmed, as do spring sales volumes.
CAPITAL AND COAST BLOG
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Spring clean your finances and be ready to buy!
Looking to buy, move or upgrade and take advantage of record low interest rates? Spring clean your finances to make sure you are mortgage ready.
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Wet finish to Winter dampens NZ sales volumes.
While sales volumes had shown a resurgence recently, August saw a reversal with a decrease of 6.1% on the same time last year to the lowest level in 7 months. The situation was variable across the board. Nelson, Bay of Plenty and Tasman all had their best August in 3 years, while Southland 33...
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There’s more to a good loan than a great rate!
With all the hype around record low interest rates it's easy to get tunnel vision and focus only on the lowest number when choosing a home loan provider, however finding the right loan is about much more than just the best rate.
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Selling this Spring?
A recent study has revealed that it takes only eight minutes on average for house hunters to decide whether or not to buy a particular property. That’s swift! Even more-so if you consider that buying a home is the single biggest purchase a person will make in their lifetime. So if you’re selling...
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Market update, OCR Cut.
The Reserve Bank shocked lenders and borrowers alike with it's big August Cash Rate cut sending the market into a spin and lenders scurrying to outdo each other on rates in a mortgage rate battle that could leave buyers with a smile on their face.
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Low interest rates feeding green shoots against a backdrop of uncertainty.
July’s positive sales numbers add some energy to the property market which should be further bolstered by Reserve Banks of New Zealand's (RBNZ) big August Official Cash Rate (OCR) cut.
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Sales volumes catch a winter chill and inflation puts pressure on renters
We take a look at the current market conditions and what's putting pressure on renters, while also keeping you up to date with the Reserve Banks capital review and the potential impact on mortgage rates.
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Warning for first time buyers! Don’t bid until you’ve done these three things
If you’re buying your first home or helping a family member enter the property market, make sure you’re ‘bid ready’ by doing the following before raising a bidder paddle or making an offer. Three things every aspiring first home buyer needs to do before entering the property market.
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Sales volumes catch a winter chill as inflation puts pressure on renters.
Despite a mild winter the housing market in terms of sales volume has caught a decent winter chill, with the number of homes sold down 19.6% on last month and 3.8% on the same time last year. This makes it the quietest June since 2015.
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No two lenders are the same when it comes to new builds
Building a new home is more popular than ever, as evidenced by Mays strong building consent data. Aside from the obvious benefits of getting something brand new and just how you like it the demand is supported particularly among first home buyers with exemptions from LVR restrictions and elig...
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Is it a bird? Is it a plane? No it's a pre-approval!
Your x-ray vision has showed you some properties you’d like to buy. And you’re ready to move faster than the speed of light. But, even your sharp senses aren’t telling you just how much you can borrow… And, uncertainty and lack of confidence are a buyer’s kryptonite! Enter your super power in th...
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First home buyers continue to make inroads
The market continues to breathe a sigh of relief as the prospect of capital gains tax fades into the rearview mirror, while first home buyers put their best foot forward taking full advantage of a loosening in LVR regulations and low interest rates.