by Global Finance | Sep 16, 2020 | Blog
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...
by Global Finance | Sep 3, 2020 | Blog
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...
by Global Finance | Aug 18, 2020 | Blog
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...
by Global Finance | Aug 4, 2020 | Blog
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...
by Global Finance | Jul 20, 2020 | Blog
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...
by Global Finance | Jul 7, 2020 | Blog
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...
