Blog

Coming up are anticipated shifts in bank lending criteria in New Zealand that could significantly impact investors: namely changes to the bright-line test and the introduction of a debt-to-income ratio. As an investor or homebuyer, what could these changes mean for...

"Just because a bank has told you that you don't qualify for a bank loan, don't just take this as an absolute NO or assume that other banks will also turn down your home loan application because there's something wrong in your profile.” it should not be viewed as the...

Securing a loan is not just about having a large enough deposit; it also involves a meticulous examination of your expenses. Banks look into your financial commitments and spending patterns, examining credit cards, store cards, loans, overdrafts, monthly bills and...

Whether you're negotiating for a property purchase either by negotiation or through auction, we can’t stress enough how important it is that you have a clear understanding of how purchase of property and /or auctions work. A clear understanding of the ins and outs of...

A very Important guide from Global Finance The phrase “interest-only mortgage” is actually a misnomer because it’s not an interest-only mortgage, it’s an interest-only period. Interest only mortgages still need to be paid off at some point reduce the principal....

Buying a house at auction in New Zealand can be exhilarating and nerve-wracking, especially for first-time home buyers. If approached with the right strategy, auctions can offer a fair and transparent way to secure a property. And that strategy involves careful...

In the ever-changing landscape of home loans, borrowers will at some point be asking themselves the eternal question: to fix or not to fix and if fix then for how long. The choice between short-term or long-term fixed rates needs careful thought. So, we asked Aseem...

The decision to pay off your mortgage early is tricky. The choice you make can impact everything from cash flow to potential investment opportunities and the answer will be different for everyone. We consulted Aseem Agarwal, Head of Mortgages at Global Finance on the...

There is a lot to finding the right home loan lender in New Zealand. It's not just about the cashback or the current interest rate; there are several crucial factors to consider. It is a decision that will impact your finances for years to come. Aseem Agarwal, Head of...

Separating from a partner is unquestionably difficult, and more often than not, it is made even harder by financial concerns. However, amidst all the complexities, you need to keep practical matters in focus. If shared property and a mortgage are involved, then one of...

On the hunt for a new home? Choosing a new build could improve your long-term financial position. It’s not just about the shiny newness – there are some real financial advantages. From gaining a foothold in an up-and-coming neighborhood to saving on maintenance, a new...

Contrary to popular belief, there is no strict requirement in New Zealand that if you're self-employed or a contractor you must have been in business for at least two years before a bank will consider giving you a home loan. As Aseem Agarwal, Head of Mortgages at...

Your secret weapon for getting on the ladder KiwiSaver is a government-backed savings scheme helping New Zealanders save for retirement. It comes with some great benefits, like contributions from your employer and tax credits, making it a smart choice for retirement...

Trauma insurance provides a lump sum payment upon the diagnosis of critical illnesses according Trauma insurance policy terms and conditions and typically includes cover for around 50 conditions, including heart attacks, cancer, strokes etc. Yamini Agrawal, the Head...

Actionable advice from our Head of Mortgages, Global Finance Rising interest rates mean higher loan repayments. But, if your budget is already tight, where do you find the extra money? Our Head of Mortgages offers expert advice. Rising cost-of-living expenses, higher...

Insights from our Head of Mortgages, Global Finance Do you have your heart set on a home slightly out of your budget? We understand, that securing the adequate and right loan is never easy. But with good strategic planning and help from a mortgage broker, it’s...

Practical and highly effective Tips from Global Finance Are you worried about the seemingly constant increases in interest rates and the impact they have on your mortgage repayments? Many Kiwis are facing financial challenges during the current cost of living crisis...

Life is unpredictable. Insurance offers a safety net that provides financial stability during uncertain times. Whether it's safeguarding your family's future with life insurance or protecting your health with medical insurance, choosing the right cover and an...