It no secret that it is hard to buy your first home, but it’s “almost a secret” about the help to buy available too. Successive Governments have said they want to “fix” the housing problems that we have in New Zealand, but really they are tinkering with the issue and they have not been able …
Have you heard of co-ownership with property? It’s a way to get into your first home when you do not have a large deposit. Traditionally you may have entered into a co-ownership agreement with a family member (typically a parent) where the other party may have the equity to enable you to buy a property, …
You’ve found a home, but have you decided on what home loan suits? Often people compare the various banks saying the best loan is the one with the lowest home loan rates. In many ways that is due to the way the banks have promoted home loans. They tend to focus on what is easy …
How Important Is Getting The Lowest Home Loan Rates? Read More »
Did you ever wonder why the saying “Home Sweet Home” isn’t “House Sweet House” ? I think the answer is quite obvious… “a house” is just a thing and yet “a home” has a much deeper meaning that is far more intangible. A house may be decorated from floor to ceiling with the finest furnishings …
As mortgage advisers we often uncover unpaid fines and the applicants are surprised when we say you need to disclose unpaid fines. After all an unpaid fine is a debt that you owe. And often the reason an adviser will ask about unpaid fines is because they have either found out about them on your …
Do You Need To Disclose Unpaid Fines On Your Application? Read More »
When you are buying your first home is unlikely to be your forever home… it’s not the dream home that you plan to live in for the rest of your life. It’s important that you remember that when looking at houses. Sure, there are many things that you may love to have in your home …
You Are Buying Your First Home, Not A Dream Home Read More »
Saving your first home deposit is not easy and in areas where houses are more expensive you will need a bigger deposit which makes things even more difficult. As mortgage brokers we consistently hear how saving a big enough first home deposit is one of the biggest challenges. So we have jotted down six ways …
Six Ways To Help Save More For Your First Home Deposit Read More »
When a lender is assessing a mortgage application they will access your credit check and look at any adverse credit, and it’s important that you are aware that even a paid default on your credit check can cause problems. It’s a good idea to avoid defaults getting onto your credit report. To avoid defaults being …
Even A Paid Default On Your Credit Check Can Cause Problems Read More »
Obviously this is a question that lots of people ask as we all want to know the best time to buy a house. Sometimes the advice would be “now” but others would say that you should wait. If you look at how house prices have increased over the years then you would say that you …
Most first home buyers in New Zealand will access their KiwiSaver to help fund your house deposit. But is saving in your KiwiSaver the best option for you? We look at the pro’s and con’s of using KiwiSaver as your main form of saving for a deposit on your first home. KiwiSaver Helps Many Kiwi’s …
Using KiwiSaver To Build Your House Deposit Faster Read More »