In the interests of making sure customers are on top of their tax obligations in relation to assets and income, in New Zealand and abroad we checked in with Daniel Gibbons; a property tax specialist to get some background around the recent IRD activity in this space and some tips for keeping out ...
It's good news for borrowers this month with the competitive interest rate environment continuing to offer some great deals. Buyers are also showing some signs of life as we roll through spring with sales volumes rebounding. This is being supported by the low rates, an undersupply of housing in s...
Along with how much can I borrow the number one question we get asked is how much deposit do I need to get into the home I want? The answer varies for a large number of reasons and with January's Loan to Value Ratio (LVR) restriction changes and the KiwiBuild reset we felt it was a good time to g...
Kiwibuild reset finally drops, but leaves many underwhelmed, as do spring sales volumes.
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.
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...
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.
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...
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.
Reserve Bank Governor Adrian Orr bucked expectations with a shock 50 basis point (bps) OCR cut on August 7th. Double what the market expected it sent economic commentators and bank pricing committees into a spin.
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.
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.
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.