Loan Market Mortgage Advisers based in Dunedin
We’ve won a number of awards and are most proud of winning New Zealand’s Financial Services Business of the Year in 2010, and every year for the past five, we’ve been finalists in the New Zealand Mortgage Broker of the Year awards, with Sally winning in 2009.
We know that you probably want to focus on investment returns, not paperwork. The right loan with the right features will help you save time and money. We understand what’s happening in the Dunedin real estate market because we live here. We take the time to understand your unique situation and investment strategy and can advise which loans will suit your needs best.
You might be starting your business or going through a period of growth or change. Our Loan Market Dunedin team know that finance is a crucial part of the success of your business. We’ll take into account your needs and finances to find the right loan for your situation and review your loan regularly to make sure you’re always on the best deal.
We know that Dunedin is a hotspot for self-employed people and specialise in helping you into the right loan. If you work for yourself, it can be difficult to get all the necessary paperwork together. Lo-doc loans do away with the need for traditional proof of income like company financials or tax returns and are a great option for self-employed New Zealanders to finance their property. We make sure you’re not penalised if you’re putting lots of personal expenses through your business and can asset lend if this is the right solution for you. You’ll still need to satisfy a few requirements and Brian and the Loan Market Dunedin team will talk you through your options.
First home buyers
Buying your first home can be daunting, but it doesn’t need to be. We explain all the jargon and talk you through what might work best for you. We understand the finer points of using your KiwiSaver to help you buy your first home, including how the first home buyers grant works. Talk to us about the different finance options, you don’t need a 20% deposit as many people believe, 10% can be fine and we can even arrange 100% finance if you have a suitable guarantor to assist, which can be done on very friendly terms for the guarantor.
Investment Property: Using your existing equity
There is a lot of buzz in the market at the moment around investment property, and with the LVR rules set to change officially in March, and then increase even further later in the year, there has been a flurry of investors in the market. Some regions have seen investors exceeding 30% market share.
Return of LVR restrictions: What it means for first home buyers and investors
The much-anticipated return of loan-to-value (LVR) restrictions kicks in from 1 March. The Reserve Bank removed the restrictions at the start of the Covid pandemic. At the time, the Bank wanted to promote cash flow and increase economic confidence. However, the economy has bounced back stronger than expected. And record house prices plus intense activity from investors have led to their reintroduction. So, what does it mean for first home buyers and investors? Here, we provide an overview of the main implications.
Changes to tenancy laws: What you need to know
The biggest reform of tenancy laws in New Zealand came into effect on 11 February. The government aims to provide a better balance between the rights of tenants and the interests of landlords. Here’s a quick guide to the main changes and what they mean in practice.