Buying property at auction in New Zealand is a fast-paced and exciting experience — but it also comes with serious risks. Before you raise your hand, it’s vital to understand …
Thinking About Making a Pre-Auction Offer in NZ? Here’s What You Should Know
Pre-auction offers can seem like a clever way to secure a property before the bidding war begins—but for New Zealand buyers, they often come with hidden risks. If you’re considering …
Do You Really Need Your Own LIM Report When Buying Property in New Zealand?
If you’re a first-time homebuyer in New Zealand, a common question you might be asking is: “Do we really need to order our own LIM report, or is the one …
Why You Should Think Twice About Seller-Supplied Building Reports
Sometimes, sellers will provide a building report for the home they’re selling.They arrange this themselves and make it available to potential buyers—often to save you the effort and cost of …
What is a priority amount on a mortgage?
On a mortgage, a “priority amount” is the maximum sum a lender can claim from a borrower if they default, ensuring the lender’s security interest ranks above any subsequent lenders …
How To Choose The Best Bank For Your Home Loan
From experience, I know that for most first home buyers the excitement of just getting a home loan approved feels like a win, but often it means that you do …
Homeowners Should Take Advantage Of Dropping Interest Rates
So the good news is interest rates are coming down and therefore when you refix your mortgage you could be paying less, but dropping interest rates also present a great …
Are You Headed To A Mortgagee Sale?
Banks can be very friendly when things are going well, but they can turn on you quickly if you get behind in your repayments – if you get into mortgage …
The Kāinga Ora Maintenance Clause (for First Home Loans)
If you intend to buy your first home using the Kāinga Ora low deposit First Home Loan scheme then you need to be aware of the eligibility and the maintenance …
The Less Known Rules For The First Home Loan Scheme
When you look at the Kāinga Ora website you will find the basic rules for the First Home Loan Scheme, but there are some less well known one’s that are …