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Archive | Blog Posts

Keep up to date with our finance blog that is specifically discussing new build finance and related building and finance topics

BNZ Update The LVR Rules For New Builds

When the Reserve Bank announced that the pending changes to the LVR rules for investors the banks all hastily started re-implementing the LVR criteria restricting investors to a minimum 30% deposit. On the 11th November the Reserve Bank stated that in December, they will consult about re-instating loan-to-value ratio (LVR) restrictions on high-risk lending with
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Popular Reasons That First Home Buyers Choose New Builds

The real estate market is booming at the moment and that has seen an increase in the number of first home buyers that are choosing new builds. Of course a lot of Kiwis do dream of a brand new home, but often first home buyers are told to start with a run down place. Yes,
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new build homes

New Build Homes Are A Popular Option In Hot Markets

As the property market booms people are starting to flock to new build homes. With a new build you can select something that suits your stage in life, is within your price range and it’s going to be new with minimal maintenance. New homes are also generally more efficient to heat and cool which means
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Will Low Home Loan Rates See More New Homes Purchased?

This week we have seen The Reserve Bank slash the official cash rate (OCR) to ensure the New Zealand public have lower home loan rates and therefore more money in their pockets to spend. Well that’s what they want to happen anyway! But how will Kiwis react? The rates have only just dropped and the
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Westpac Improve Options For Building Loans

When people think of building loans they often think that all the banks offer the same. Of course they all do have building loans available, but they are not all the same. Westpac Make Improvements To Building Loans As mortgage brokers that specialise in building loans we are always reviewing the banks loans and making
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Marketing Our Hobsonville Point Home In 2019 Requires More Effort

Some people are saying that the property market is “flat” or even “hard” in 2019. It may be a little bit harder to sell a house, but good houses in good areas will still sell well if the marketing gets the buyers to view them. Hobsonville Point Award Winning Executive Home We decided to sell our
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Probably The Best New Build Finance Package In 2019

As new build finance specialists we are always looking for the best finance packages from the various banks. In particular for financing of builds on a progress payment basis where you purchase the land and progressively pay for the build as per the schedule within the fixed price build contract. For 2019 we are pleased
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Open The Door To Your New Home

How would you like to open the door to your new home? Kiwis love to own their own homes whether it be a brand new home or an existing home that is a new home to you and your family. Most of us will start with our first home which might not be exactly what
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