First home buyer or experienced residential or commercial property investor? We have experience, and specialise, in all of these areas and we love to talk..
Long-term Property investors stay strong on their strategy and in-fact are eyeing up the market for opportunities to expand their portfolios.
Bank Lending policies coupled with tweaks to Government Policies are once again opening the door wider for Lending to First Home Buyers – with as little as 10% deposit.
This week, National’s Christopher Luxon announced that all of the taxes that Labour introduced over the past (nearly) 4.5 years will be unwound. Just how important was that announcement?
Want to upgrade, confused how bridging finance works and how the banks decide whether to approve an application? Let’s have a look at the considerations a bank makes to decide if you are a safe bet.
Is the market taking a breath and pausing or just taking a breath?
Relaxing LVR rules are good for everyone.
For many, the biggest financial outgoing will be your monthly mortgage payments. If you’re struggling financially due to the coronavirus crisis you may have welcomed the recent promise by the Finance Minister with cooperation from the RBNZ and NZ Main Banks to implement payment holidays of up to six months for those who are struggling to pay their mortgage.
An article on why using a mortgage broker makes absolute sense. Worth a read.
Observations from near and afar - reporting for duty.
New Year, New Purchase - upgrade, investment or that kiwianna bach?
Let's figure out a plan for 2020 - make it the year to take action
In the last quarter, values are up as follows; Auckland 1.3% (North Shore-Onewa was up 2.5%), Wellington 3%, Christchurch 1.7%, Dunedin 8.6%, Invercargill 9.3%, Gisborne 6.7%, Rotorua 4.5%.
Auckland increasing is seen as a significant change - and with low listings, strong employment, and easier lending conditions, the suggestion from numerous observers is that it's going to continue.
Thinking of Commercial Real Estate? A good article on the differences between Residential and Commercial.
Relying on the Finance Clause to renege on a deal? Things change this Friday
The key message from any property investor or experienced homeowner is that you always try and create value when you buy.
This week, the Housing Minister announced a number of changes to the government’s program to assist New Zealanders into home ownership.
The changes/tweaks in Monetary/Lending Policy via the Reserve Bank are having a mixed impact.
In recent weeks, banks have reduced their Servicing Test Rates resulting in more prospective borrowers being able to meet the criteria for borrowing than was possible in recent months/years gone by.
The focus on Landlords being bad and Tenants being good has continued in the same vein for the last few years.
The New Version (the previous guidance was retracted based on its contradictions and oversights) of The Landlord Guide on what information you (as a Landlord) can ask of your prospective and preferred tenants.
Coupled with the uncertainty, there are very different views between the Banks and RBNZ on what a reasonable level of reserves would be.
