First home buyers

Cam's Blog

Saving for a house deposit: Impossible?

  A significant problem we see with first time buyers is that the pace at which house prices have risen in recent years, has totally outstripped their ability to save a house deposit. With a 15% increase in each of the last two years, a … Read more

The problem with buying an investment property as your first home

In these difficult and troubled times creativity is needed in order to get into a property, especially if the market you’re buying in is Auckland. So why not buy an investment property in the provinces? They’re cheap (well, cheaper than Auckland) … Read more

First Home Buyers: Get your ducks in a row

I got an email recently. But unlike the other 25 that drop into my inbox daily, this one stood out. And not because it was offering me $71 mill in some Nigerian scam. Why? Well, I could hear the desperation in this lady’s words. And it really … Read more

Kiwisaver as deposit for first home

Lately, more and more clients have been approaching us hoping to use their Kiwisaver money as part or all of their deposit for a first home purchase. Which is really great to see. But often, they are confused as to what they can access. If you want … Read more

The truth about low deposit mortgages

You may have noticed that banks have become more flexible in their lending policies especially for borrowers whose deposit is less than 20%. In fact, you may have even seen some advertising on TV (Westpac) or on Facebook targeting first home buyers … Read more

$18,000 house deposit – thanks Kiwisaver!

I’ll cut straight to it — if you’re not in Kiwisaver yet (or an equivalent scheme), somethings wrong with you. Although thousands of people have signed up there is still a group of people who seem paranoid about getting into it. In terms of … Read more

100% mortgages coming back?

Making headlines recently in Sydney’s Daily Telegrpah was an article on high LVR lending with bank and non-bank lenders alike reported to be getting more comfortable lending up to 100%. What? I hear you say. Isn’t this the sort of behaviour that got … Read more

Waiting game not always a good idea

It’s often said that taking a wait and see approach can mean you avoid the trap of doing something you’ll later regret. Just because someone says ‘now is the time to act’ doesn’t mean they’re right. Half the time they’re saying it simply because they … Read more