Blog
The Top 3 Life Insurance Mistakes to Avoid
Throughout 2021, there were more than 90,000 additional insurance policies taken out in New Zealand, most likely triggered by the global pandemic. More people being protected is always a great thing but, alongside this positive new trend, there seems to be a common...
Grow your business in a smart way- Time for a business loan
Getting your business loan sorted the right way With unpredictability looming in the current financial markets, now could be a great opportunity to venture out. Did you know that 97% of all New Zealand businesses are comprised of SME’s according to Stats NZ as of Feb...
Ways to get insurance protection in place even though you are in poor health
Being unwell or having a previous medical condition can often be a concern for people taking out life insurance, but pre-existing conditions are not always excluded by life and health insurance providers. Usually, we can still offer you health insurance cover. Each...
Why Mortgage advisers are creating better financially equipped New Zealanders
New Zealanders who get help from a mortgage adviser are more likely to own a home and to pay less for it in the long run, according to a survey carried out by CoreData Research. A 2021 survey of 2,000 people found that 65 per cent of people who had sought the advice...
Buying a new build is still a good option
Escalating prices and critical shortages of materials have left some new home buyers without the homes they thought they had already. Increasingly, builders citing pandemic-related material cost hikes, inflation and worker shortages are using clauses in their...
A guide to commercial mortgages – what you need to know
Most people are familiar with residential property investment, but there’s another world that has a lot to offer – and not just for business owners looking to avoid rent increases and management fees. There has been increasing interest in commercial real estate over...
Some economists expect the worst for 2022
After 1987 and 2008, will 2023 be the next year of recession? In 1987, the world financial market became a bloodbath. And thirteen years ago in 2008, the global banking system came close to collapsing. Economists are always searching for warning signs, but still,...
5 Types of Insurance everyone should really consider
Getting the right covers sorted means peace of mind No one can predict what is going to happen in your life but one thing that is ensured is that the unexpected does occur. When? no one knows and what? only time tells. Having adequate insurance covers in place not...
CCCFA lending rules to be eased
The government announced changes to the Credit Contracts and Consumer Finance Act less than four months after the responsible lending rules were tightened to protect those most at risk from loans with conditions and interest rates they could not afford. After feedback...
What can borrowers do to help manage their financial affairs?
Inflation in Aotearoa has hit a three-decade high and is showing no sign of slowing. Rises in inflation are usually followed by increased interest rates and if inflation grows too high, wages start to decrease in value. This means household incomes and the value of...
Is 2022 the year of lower house prices?
Interest and tax changes that may dampen house prices The relentless rise of house prices has dominated the property market for several years. Last year, house prices rose 27.6% across the country, and the one question that everyone wants to be answered this year is,...
How to get the most out of your investment properties
Eight ways to increase your bottom line as a landlord When you purchase a rental property, you don’t just want to make ends meet. It’s an investment, after all, and you want to make sure you’re doing everything you can to get the best return. Taking the time to...
How to get ready in 2022 to get on property ladder
House prices have soared, and interest rates have risen while wages have stayed stagnant, making home ownership even trickier. So how to get your home ownership ducks in a row? How do you get ready to convince a bank or private lender to give you a mortgage? Get help...
Buying a house in 2022: 7 ways to prepare
7 tips for maximising your home loan application For many people, a new year brings new goals – you might even be looking to buy your first home. The world’s dealing with a lot right now, and it’s affecting the housing market. But, if you want to buy a house next...
Are your debt repayments weighing you down?
Mortgage debt consolidation could make your life easier – and save you money. We have started 2022, and what better time for a financial health check-up? If you’re a homeowner and you’re sitting on extra debt, you might want to consider rolling it into your mortgage....
Are the CCCFA laws really the reason it’s harder to get a mortgage?
There’s much in the media about recent government changes that are making it harder for both investors and owner-occupiers to get mortgages. The changes receiving most of the negative airplay are around the CCCFA (the Credit Contracts and Consumer Finance Act 2003)....
The bank said “no”. Why the CCCFA wasn’t at fault
The Credit Contracts and Consumer Finance Act (CCCFA) isn’t the real culprit when it comes to getting a loan. We’ve all heard how banks are undertaking forensic analysis of borrowers’ statements. But the ‘Netflix ate my mortgage’ narrative has stopped many a potential...
Why you should consider mortgage protection insurance
Your home is your most important asset, so what if you can’t work? When life throws you curveballs, it’s best to be prepared. For the average Kiwi, paying off a mortgage can take up to 30 years. That’s a very long time to assume you won’t have any hiccups. Your home...