Time-frames in sale and purchase agreements can be crucial because the timing of one event normally impacts on whether subsequent events can take place (or not!). We recently read of an example where Sam* had signed up for a house with the … Read more
Archives for May 2011
May 15, 2011 By
December round up
As 2010 limps to a close I’m sure many of you will join with me in letting out a collective ‘thank god for that!’ We’ve had some highlights this year but overall I have to admit it has been a tough one for anyone involved in the property business. … Read more
May 15, 2011 By
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
May 15, 2011 By
Spring heat stokes bank’s appetite
Spring is traditionally the time when banks throw out some tasty morsels to borrowers in a vain bid to win their custom. Some of the morsels are of the ‘who cares?’ variety but others are impressive indeed, especially given the economic backdrop of … Read more
May 15, 2011 By
Cost of mortgage broker advice?
We’re often asked the question ‘how do you get paid?’ or ‘how much do I have to pay for your services?’ In 95% of cases our service to you is free! Thats because we have arrangements with the banks and other lenders for them to pay us a commission … Read more
May 15, 2011 By
How to choose the best fixed rate for your mortgage
Have you ever looked at your bank’s interest rates and wondered which one to go for? For example, the ASB are advertising a 12 month rate of 6.45% and 24 month rate of 6.70% as at 4th October. Which one is better for you? It’s a perennial question … Read more
May 15, 2011 By
Make your tax cut work for you
From the 1st of October every income earner in NZ gets a pay rise thanks to a reduction in tax rates. At the same time GST is on the increase but the government reckon the overall effect is that nearly everyone will have a few more dollars in their … Read more
May 15, 2011 By
Spray ‘n’ Wipe, bleach and a financial spring clean
On Sunday morning I nearly poisoned myself with spray n wipe and bleach. No, life is not that bad but with the first day of spring behind us I couldn’t stand the accumulating dust or the mould on the window sills any longer. I just snapped and had to … Read more
May 15, 2011 By
What a balls up
Man, what a balls up Don Wilkinson has created for his dear old Mum. If you missed it, here’s the story in the NZ Herald. Don’s story just goes to show that you’ve got to keep on top of your Will or else absurd things can happen. And personally I … Read more
