Sort your mortgage with our experts: NZ Mortgages

It has been non-stop for our team over the last few weeks.

The Bright-line changes are still having a huge effect on the applications we are doing, with property investment having a real resurgence.

It really is the best time to get into investing, as property prices are still reasonably affordable, and as the changes made to minimum deposit required coming down to just 30% on existing properties, we have plenty of clients finding equity and purchasing across the country.

The easiest way to find out if you could make this jump is to get in touch with our team today.

If you are refixing or know your loan is coming up for renewal soon, make sure you are getting the best deal in the market. Try and fix your loan as late as possible, as the OCR drop has triggered a ‘race to the bottom’ for the banks, and they are dropping their rates to try beat out their competitors. This means there is plenty of money to be saved by waiting until as late as possible to fix your loan. We also highly recommend you fix for short-term – as rates are predicted to continue dropping, and a better deal is likely to be available in 6 to 12 months’ time. For more personalised advice, speak to your adviser or any member of our team.

CoreLogic’s latest report has 27% of all properties sold last month being to First Home Buyers. We are still doing plenty of deals every day with clients wanting to start their property journey, and it is part of what makes our job so enjoyable. If you or someone you know is looking at purchasing their first home, please refer them to our team – a referral is the best complement we could receive. For expert guidance, reach out to our team.