800. That’s the number of people who have used the mortgage calculator on our website since February 2017. We’ve tried to make phone contact with all 800 people and some major themes have emerged. About 200 people entered dud contact details … Read more
June 15, 2017 By
Deleting debt to get a home loan
Sometimes people come to us with a lot of consumer debt which can be a real problem if you’ve got less than 20% deposit for a home loan. If you're a borrower with a small deposit (most first home buyers!), then basically you need to be squeaky … Read more
May 11, 2017 By
AUCKLAND PROPERTY MARKET: A buyers’, sellers’ or bankers’ market?
September 2016 put a real dampener on the Auckland property market with the announcement from the Reserve Bank of a 40% deposit required by investors. Slowing things down for first home buyers was its direct intention and this legislation has … Read more
September 16, 2016 By
40% deposit? How the new rules play out for investors & FHB
You’ve probably heard that banks require bigger deposits for people who want to buy a residential investment property – it was 20%, now 40%.... As a result, I’ve been getting quite a few questions lately on just how this is going to play out for … 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
March 27, 2015 By
Cam’s market update – The Go2Guys
Each quarter I participate in The Property Market’s Quarterly Update, where a panel of property industry experts contributes their views on Auckland’s residential property market. This month’s chat was all about where interest rates are headed and … Read more
February 16, 2015 By
CAPITAL GAIN: What does it mean and why does it matter?
If you’re a first home buyer, you’ve probably heard the phrase ‘capital gain’ – but what does it really mean for you? In Auckland getting capital gain is something of a weekend sport so most people know what it is, but just to be clear: it is the … Read more
July 16, 2013 By
RBNZ to impose speed limit on low deposit loans
The RBNZ looks set to proceed with a version of one of the macro-prudential tools signed off by the Finance Minister earlier this year — a restriction on loan to value ratios. Word on the street is that while the restriction won’t put a complete … Read more
