fbpx

    Phone consultation!

    Thank you for contacting Global Finance. One of our experienced advisors
    will contact you shortly.

    Blog

    How to pick the best mortgage broker online?

    How to pick the best mortgage broker online?

    The 6 factors you need to consider Back in the day, prospective home buyers often turned exclusively to their bank for their home loan needs. If you were a first-time home buyer, it was normal to use the same bank as Mum and Dad to get your mortgage requirements...

    Time to get a mortgage check-up?

    Time to get a mortgage check-up?

    Paying too much interest? Checking in at the doctors for your annual check-up never usually goes amiss, but what about your finances? Most people each year don’t seem to have a problem checking in with their local GP when it comes to their health, but what about their...

    How to finance property development

    How to finance property development

    Finance options for those looking to grow their portfolio You’ve made it onto the property ladder, and now you’re ready to sink your teeth into your next housing project. Property investment or development is a natural progression for homeowners looking to grow their...

    Is buying your first home post-election a good idea?

    Is buying your first home post-election a good idea?

    There’s nothing quite like purchasing your first home. The wave of euphoria that hits you when you’re handed the keys for the first time is a real pinch-me moment for many New Zealanders. But one of the many questions first-home buyers ask is, “When is the right time...

    Owner-occupied vs investment property lending

    Owner-occupied vs investment property lending

    What borrowers need to know You probably already know that there are different types of home loans, with varying terms, conditions and interest rates. However, the most important distinction, the one factor that will determine the affordability of your mortgage, is...

    What you need to know about subdividing property

    What you need to know about subdividing property

    The process of subdivision explained These days, owning a large block of land in Auckland is like finding the pot of gold at the end of the rainbow. And if you’re not into farm animals and veggie gardening, then subdividing your property could be the way to go. While...

    Self-employed and ready to buy your first home?

    Self-employed and ready to buy your first home?

    Here’s how the banks will assess your income It’s not surprising New Zealand is often referred to as a nation of small businesses. We’re an entrepreneurial bunch, with a reported 400,000+ self-employed small businesses in New Zealand. Leaping into self-employment can...

    Low Deposit Loans for First Home Buyers

    Low Deposit Loans for First Home Buyers

    For the last decade, first-home buyers have worked under the assumption that they need a 20% deposit to get a mortgage. In a market where the average house price is over $500,000, this meant first-home buyers had to save for years to have a hope of getting into a...

    How first-home buyers can maximise their borrowing

    How first-home buyers can maximise their borrowing

    Ways to become more financially attractive to lenders Buying your first home is meant to be an exciting process, but it can also be daunting – and sometimes downright scary. If you’re in the market to purchase property, you likely need to borrow money to buy it. A...

    How tax changes will affect the self-employed

    How tax changes will affect the self-employed

    COVID-19 has caused disruption for almost everyone in some way – to put it mildly. For many self-employed people, that disruption will go on for a long time yet. During lockdown, income or contracts may have been lost, you may have applied for the wage subsidy or...

    How to keep cash flowing post-COVID

    How to keep cash flowing post-COVID

    Top-up loans and other ways to survive the financial fallout The coronavirus crisis has affected every part of our lives – health, social interaction and personal freedom, travel and recreation, jobs and finances. Although New Zealand may now be on top of the health...

    Your guide to non-conforming mortgages

    Your guide to non-conforming mortgages

    There are options even if you don’t fit the bank’s criteria If you’re a borrower with a full-time job, a substantial deposit, NZ residency, and a good credit rating, finding a home loan is pretty straightforward. You might need to talk to a mortgage broker or shop...

    Low deposit? You could still get a home loan

    Low deposit? You could still get a home loan

    Why things are looking up for first home buyers First home buyers in New Zealand have had it tough for a while. Prices have been on the rise for years, and since 2013, LVR rules have meant that most buyers need a deposit of at least 10%. When the average house price...

    House & land package loan – Is it right for you?

    House & land package loan – Is it right for you?

    Whether you are looking to get on the property ladder or purchase an additional investment property, a house and land package may be the way to go. Whether you are looking to purchase in Auckland, Hamilton, Tauranga, Wellington, or further down the line financing in...

    Need a boost? A small business loan could help

    Need a boost? A small business loan could help

    What you need to know about post-COVID cashflow loans COVID-19 has hit business hard. During the lockdown, many businesses made little or no income, and even under the looser rules of level two, business owners are dealing with restrictions on customer numbers, the...

    Post COVID-19 property investment

    Post COVID-19 property investment

    Will property investment pay off during a downturn? For years, investing in property has been a nearly fool-proof way to make money in New Zealand, thanks to rising prices, high rents, and high demand for property. As the country begins its COVID-19 recovery, that...

    A good time to upgrade or fix investment properties

    A good time to upgrade or fix investment properties

    With interest rates at record lows, a lot of property investors are waking to find that their investment properties are now becoming positively geared i.e. the rental income now outweighs the home loan interest repayments on the property, rates, home insurance and...

    The best loan to build your dream home

    The best loan to build your dream home

    How a construction loan makes building easier Can’t find your dream home anywhere? Why not build it? With a construction loan, buying a section and building a brand-new home could be simpler than you think. Building a home can be complicated – you have to deal with...