As home finance experts, we love keeping Kiwis like you up to speed on finance news, home advice and tips to grow your wealth.
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.
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...
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.
Insurance, for most, is something we'd rather not talk about. Strangely many of us don't think twice about insuring our car, dog, or household possessions, but are less keen to insure ourselves and our incomes.
A combination of low-interest rates and soaring house prices have seen many young Kiwis struggle to get on the property ladder. It’s no surprise that more and more are turning to the bank of mum and dad for help with the deposit.
House prices are one of the most talked-about topics at the moment. And the latest data will add fuel to the fire with the red-hot market showing no signs of slowing down.
Considering building in 2021? Getting the right loan is crucial. Don't get caught with the wrong lender for your next building project. If your New Year's resolution is to build a new house, It is important to ensure you find the right lender for your project. Every lender has different pol...
You’ve bought your first house and now you are starting to think about adding another one and developing your property portfolio. Or maybe you are already a seasoned investor, but aren’t too sure how the new LVR changes will affect you. Let’s take a look….
Thinking about building in 2021? It’s so important to get the right loan, as you don’t want to get caught with the wrong lender for your next building project.
In this mortgage minute we look at loan top ups. This is simply topping up your home loan for personal reasons or to carry out home improvements
The festive season can be a great time of year in Dunedin; time off work for some, and the cheer of Christmas giving and family holidays. It can also be a very expensive time, with pressure to spend on gifts and experiences stretching already pressured wallets to breaking point.
In this mortgage minute we look at what's important when buying your first rental property. The Reserve Bank LVR rules have been removed for now, but are set to be reinstated by March 2021.
In today’s red-hot property market, buying an apartment or townhouse off-plan can seem very attractive. After all, you get a brand new property at a set price. What could go wrong? The short answer is plenty. Buying off-plan could be the perfect solution. And it can just as easily be a nightmar...
