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
March 13, 2017 By
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
April 8, 2015 By
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
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
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
