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..
Leverage is another valid strategy whilst we are in this phase of the property cycle. It’s not for everyone but I personal experience with Leverage and provide a brief example of my personal experience and how it worked for us.
Multi-offers are now becoming the norm and there are more properties being sold by auction again as the worm slowly turns. This is assisted by a more pragmatic application of the CCCFA and aligns with the main bank lenders getting their books into a more balanced position coupled with more availability of low deposit lending (under 20% lending) and more access to Kainga Ora First Home Loans with as little as 5% deposit.
An alternative view to what you might read in the media (and particularly social) with regards the current lending and property market - Paul Dow is an experienced Mortgage Advisor and Property Investor sharing his day to day experience of the current lending environment.
The time for getting the house in order (from a financial opportunities) perspective is now.
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.
