Although bank reports are often as dry as a brick in the Sahara the latest residential property market survey done by the BNZ has some interesting information if you care to take a look. Truly. It’s on their website. I noted a couple of things. Firstly, that first home buyers are active in every region [...]
Lately, more and more clients have been approaching us hoping to use their Kiwisaver money as part or all of their deposit for a first home purchase. Which is really great to see. But often, they are confused as to what they can access. If you want to use Kiwisaver money as your deposit, there [...]
Estimates vary but we know mortgage brokers handle at least a third of all home loan applications in New Zealand today, with some estimates going as high as half of all applications. Either way, mortgage brokers are an increasingly popular choice for people looking to borrow money to buy a house. Why is that? [...]
If you’ve never been through the process before, putting together your home loan application can be quite a daunting and challenging task. And even though there’s a mountain of information available online about home loans there’s still a lot of mystery surrounding the loan application process itself. To that end, there are a handful [...]
Of all the methods of buying property, auctions are probably the most exciting. Certainly reality TV has turned them into something of a ‘glamour event’ and stories abound of people going to auction and buying very well. If you’re thinking about buying at auction and you have a 5% deposit there’s two things to [...]