When buying a house it’s not just the deposit you need, but you also need to have money for the lawyer, and any reports you want such as the building report, valuation etc.Read More
It’s a few days before Christmas and there is a good chance that you have overspent on presents, food and drink or travel etc, and it’s all building up to a headache in January.Read More
The government has changed the rules on overseas buyers of property, with a view that the overseas purchasers are stopping NZers buying houses.Read More
Generally its best to avoid debt, regardless of who you are borrowing from. But if we are talking about borrowing for your house deposit, getting help from family could make it easier to get a mortgage or could make it possible, where it was not before.Read More
A phrase being thrown around these days is “The Bank of Mum and Dad”. This refers to home buyers having Mum and Dad help out in some way.
It can be very helpful, but also has potential issues.Read More
Here are some more tips for first home buyers to help make it easier to get a mortgage.Read More
When it’s time to get your deposit together, 10% of the price is the minimum you need (though it could be higher depending on the property), and there are a few ways you can get this together.Read More
Buying your first home involves taking a lot of steps before you even make an offer on a house.
We’ve put together some tips on reducing the conditions before making an offer to make the process a little more simple.
You may have noticed a drop in your KiwiSaver balance recently and been wondering what to do about it.Read More
Buying your first home can be daunting, there is a lot of jargon and everyone is trying to get their cut.
Preparing for what you are doing will make the process a lot easier for you.Read More
KiwiSaver is a great way to build your retirement, and the longer you are in KiwiSaver the better.Read More
We call this the emergency fund. It’s a source of funds, either in cash or a bank account that is only there to pay for pre-defined expenses, but otherwise ignored.Read More
There are a few options for you to consider when contributing to KiwiSaver, but what is best for you?Read More
What exactly is a pre-approval, and how do you get one?
A pre-approval is an approval for finance to buy a home. Your income is signed off, your deposit, and your price range.Read More
Every year around now you will be seeing information coming out about “Member tax credits”, but what are they, and is it important?Read More
A balance transfer credit card is seen as a good way to help get out of credit card debt, as you can get a card that has a much lower interest rate, possibly even 0%.Read More
We all know that cards have interest rates and its not difficult to work out the interest cost per month. If you have a $10,000 balance owing, on a 20% card, the interest cost will be $166 a month.Read More
Credit cards are debt, they are about spending money you don’t have and future you has to pick up the tab for what today you is spending.
They fool you into thinking you have more money than you do. A $10,000 limit on your credit card is not $10 000 you have, it’s just pre-approved debt.Read More
We get asked this often, when clients have more deposit than is required and wonder if they should leave some of the money in the KiwiSaver to keep the balance higher.Read More
When we buy house, car and contents cover, it’s really common to never look at them again. However you really should review these as things change.Read More