Stuart Wills

Changes to the First Home Products come into effect on 1 April 2021. This includes the First Home Grants and First Home Loans. What Are The Changes? The changes recently announced include: lifting the house price caps for both new properties and existing properties in those places where access to a First Home Grant or

This Government had us waiting since the end of last year for the changes for first home buyers, and today they were finally announced It’s intended that the changes will mean house prices increase less quickly, but economists are not so sure. The Government believe that the changes will help open up more opportunities for

As mortgage advisers we often see people on social media either praising a mortgage adviser for getting them a home loan after getting frustrated with the banks who said “NO” or saying that it’s easier and faster to get a home loan approved directly with a bank. There is of course more to this that

Many people will ask family and advisers if they should buy a house now or save a bigger deposit. This is a question that all first home buyers ask, and not just in New Zealand. In 2020 when COVID hit there were a number of economists that were predicting house prices to fall in which

While many Kiwi’s still think it’s out of reach to buy your own home, it is often cheaper than renting. Banks have tightened credit criteria significantly since the COVID-19 pandemic struck, but first home buyers still have a good chance of getting on to the property ladder particularly as buying a home under current low

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

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,

Let’s accept that buying your own home isn’t going to necessarily be easy, but it’s something that most Kiwi’s aspire to. There are a lot of benefits when you own your own home, and one of the best things is the feeling of control and knowing that you are not going to be asked to