When renovating a property for an investment gain you need to consider many factors to ensure you will get a return on your investment. Some factors include choosing the right materials and how much renovation to do – will it be cosmetic or structural. What level of finish will be most appropriate for the market [...]

ANZ/NBNZ have announced a further credit policy change…….

A Deposit Bond is a guarantee of payment and these Bonds are underwritten by insurance organizations. A deposit bond can be used instead of cash when settling a property, normally once a contract to purchase is signed a 10% cash deposit is made by the purchaser, the deposit bond is a substitute for the cash [...]

A big day for all of us in the financial services industry as the Financial Markets Authority and the new regulatory regime comes into force. So what are the basics to understand from the consumers point of view? Continue reading →

ASB announced this morning that they have extended their pre-approval time from 90 to a whopping 180 days. Continue reading →

Without wishing to comment on the politics of yesterday’s budget, I thought I’d give a brief though on the impact on borrowers. Continue reading →

The combination of incredibly low rates and continual improving credit policy has seen the office receive a large amount of new inquiry, especially from first home buyers. Continue reading →

For a country that espouses itself as being the land of the SME (small to medium enterprise) obtaining lending from NZ banks for the self employed can be a difficult road to hoe. Now that we have concluded the 2011 … Continue reading →

The Reserve Bank this morning cut the OCR as we expected by 50 basis points encouraging an immediate drop in floating rates by Westpac, ASB, BNZ and Kiwibank of an equivalent amount….. Continue reading →