Our Finance Blog

We know that some people will be planning to sell a property soon, and unfortunately some people may be forced to sell. The problem with the market is that during the COVID-19 lock-down it is very…

It’s great that the banks are offering some options to people with mortgages, but some of the important detail within the COVID-19 financial support packages has not yet been made available. As mortgage advisers that makes…

For most people there are good alternatives to taking a mortgage holiday. A mortgage holiday eases the immediate financial burden of having a mortgage … that’s it. It is not a “gift” from the Government or…

We have created this post to provide you the latest information and updates on mortgage holidays announced by the Government. They have said “the package will include a six month principal and interest payment holiday for…

In times of crisis a mortgage holiday seems like a great idea. The Government have announced that the banks will be offering a 6-month mortgage holiday to home owners to help them survive financially through the…

With COVID-19 we are living in times that are nothing like “normal” and we are all having to adapt. One of the largest concerns for many families is the financial impact of not being able to…

While most banks apply a low equity margin to home loans where the deposits are less than 20%, ANZ has charged low equity premiums which are a one-off fee rather than an ongoing margin added to…

Stuart Wills, Auckland Mortgage Broker My name is Stuart Wills and as an Auckland mortgage broker I’ve seen first hand how difficult it is for first home buyers to get onto the…

Over the years as a mortgage adviser I’ve seen advertisements and articles about “the mortgage trick” … that there is some magical trick or secret that  the banks are hiding from you. But as you may…

New Years resolutions are meant to make a positive difference to your life so when you consider your finances switching banks may be the best decision that you can make. Switching banks may seem like a…

With home loan interest rates at all time low’s there is an opportunity to pay off your mortgage faster and without any pain. This week we worked with James and showed him and his wife how…

Revolving credit mortgages are flexible loans like an overdraft which is secured over your property. Our mortgage experts discuss how to get the best from a revolving credit mortgage. What Is A Revolving Credit Mortgage? The…

It’s great to know that one bank makes paying your home loan off faster an easier option. But is this the bank that you have your home loan with? Do you want to check which bank…

Let’s look at getting a home loan with 5% deposit. As mortgage brokers we are often asked what deposit is needed for a home loan. The New Zealand banks are restricted by Reserve Bank rules (LVR…

Have you heard people telling you this … switch banks and  pay your home loan off faster. Do you have to switch banks? How do you pay your home loan off faster? As mortgage advisers we…

Having a good flatmate or boarder can provide both company and a few extra dollars. Personally when I purchased my first home I had four flatmates just so I could pay the mortgage, but we also…

It’s great to know that one bank makes it easy to pay your home loan off quicker. But is this the bank that you have your home loan with? Do you want to check which bank…

As Kiwis we think of daffodils and lambs as the iconic signs of Spring. But why should we think of these two things as Kiwi icons when neither daffodils or lambs are native to New Zealand….

It’s that time of the year … Spring. In New Zealand we believe that Spring means more hours of sunlight, lambs bouncing in the paddocks and daffodils too. What it also means is getting out the…

You may have recently tried for your mortgage approval and been told that it doesn’t quite work. Of course that’s not the news that you wanted, but maybe it’s time to try again. Why It’s Now…