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..
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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.
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.
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.
