Latest News

Three Tips for getting your Home Loan Approved Mar 31, 2022

In 2021, new lending restrictions came into effect under the CCCFA - and immediately there were stories of people being declined loans for what seemed like trivial reasons.

In March, the Commerce Minister announced changes designed to free up the process of loan applications at the banks. This...

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The Pros and Cons of Helping your Child to Buy a House Jan 12, 2022

Can you afford to become the Bank of Mum and Dad and help your child buy a house? There are plenty of ways to assist, from a gift to a loan to rent-free cohabitation – which one could be right for you?

The ‘Bank of Mum and Dad’ is one of New Zealand’s largest lenders, with...

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New Builds get a 20 Year Advantage Nov 22, 2021

Buying a home, rental or holiday house?

It might be time to think about a new build.

The Government recently announced that any new build which received its code compliance certificate after March 27, 2020 will be exempt from its new tax rules which limit deductibility on interest payments...

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Interest Rate Rises are on the way Nov 17, 2021

There’s a strong feeling among economic commentators that interest rates will rise soon.

The Reserve Bank has signalled that it will raise the official cash rate (OCR), which comes in response to New Zealand’s strong economy, low unemployment and unexpected inflation rate. Until last...

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Banks introduce New Mortgage Lending Restrictions Nov 14, 2021

In June this year, the Reserve Bank received approval for a new tool to rein in house prices and control debt levels: debt-to-income (DTI) ratios.

Now, some of the banks have decided to move first. BNZ has introduced a DTI for all its borrowers, and ASB has confirmed that it, too, is now applying...

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Tenancy Laws are changing in NZ Jan 11, 2021

Tenancy laws are changing in New Zealand.

If you own or rent, make sure you understand how these changes will impact you.

Below are some of the changes:

Increasing rent – From 12 August 2020, rent increases are limited to once every 12 months. This is a change from once every 180 days...

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