For many people the mortgage is someone something they set and forget and the only time they really focus to it is when the refix is coming around and they're looking at the new rates.Read More
There is a lot of talk that having lower interest rates means that people should look to buy houses now because the payments will be lower, and while it's true the rates are the lowest they've ever been the lower interest rates do not mean that you will be able to get a bigger mortgage.Read More
If you own a house long enough you are likely going to need or want to do some work on it to keep it looking good. For small things you should be able to pay in cash, and ideally you should also save for larger renovations, but often if its going to be expensive, the only option is to increase your mortgage.Read More
We often get asked what the difference is between us and the bank, why should the client not go directly to the bank? It’s a good question and I think it’s important that all advisers are able to articulate their point of difference.Read More
It’s tempting as the weather gets worse to go on a holiday to somewhere warm. But for many of us, this ends up being on the card rather than in cash.Read More
IAG (Not AIG, a very different company), the parent company of State, AMI and NZI has announced they are not offering new contents cover in Wellington anymore.Read More
Budgeting sucks, you are basically agreeing to not have as much fun so you can be ‘responsible’. In the long run you know its better for you, but when has that helped.Read More
Kiwis don’t seem to be fans of insurance, well life insurance anyway. Even though the concept is the same, kiwis tend to be open to house, car and contents cover than life cover. I think it has something to do with being able to touch the car and visualise it being damaged than being able to visualise the impact of cancer.Read More
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