Archive | Blog Posts

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

Banks Offer Low Deposit Home Loans For New Builds

There have been lots of comments about the lack of low deposit home loans on the online forums like on the Facebook group Kiwi First Home Buyers and others. Why? Because people believe that low deposit home loans are a thing of the past. In some ways they are right, but in other ways this
Read More

Make Your Kitchen A Design Statement

They say your kitchen is the heart of the house and for most Kiwis it is either the kitchen of the BBQ where the people gather when you entertain. We recently built our own new home in Hobsonville Point. It was built by Jalcon Homes and was completed at the end of 2015 and was entered
Read More

ANZ Change New Build Rules Again

In June ANZ made some changes to the way they assess new build finance for investment properties which made it very difficult for any ANZ customers to get finance approved. As a leading Auckland mortgage broker I questioned the banks stance, but like many brokers we had other bank alternatives and so ANZ missed out
Read More

Buying Apartments Off The Plans Is Popular Again

It has become popular again for people buying apartments off the plans both for homes and as investments. With house prices increasing in Auckland higher density living is becoming a reality and a necessity, so apartments are being built in the CBD and now in the suburbs too. Apartments have been popular in cities around the world,
Read More

Sticking To A Budget When Building

It is always a problem sticking to a budget when building, but if you are borrowing money or have a limited budget then it is extremely important to control your spending. A Little More Here … It is tempting to spend just a little more here, to upgrade this and that. Of course if you
Read More

More People Consider Building A New Home

In a real estate environment where there is a shortage of properties for sale (listings) and so many going to auction it is not surprising that more people are now looking at building a new home. It is a fact that Kiwis love property and most of us dream of one day building our own
Read More

The New Build Exemption For Property Investors

Since the recent introduction of the bigger deposit requirement for property investors we have fielded a number of questions about the new build finance exemption and how it applies to property investors  – those Kiwis that want to build an investment property. Understand The LVR Rules For Property Investors Under the proposed new restrictions no
Read More