Will interest rates stay low in 2021? The property market is a bit over-heated now and how likely are interest rates to go up in 2021? It’s around the time of the year that we take an educated guess/forecast at what will happ...
How much is my house worth in New Zealand? A property valuation – an assessment of a property’s market worth – can help you understand the market value of your property. What do banks use to determine the value of your house...
Two New Zealand banks, ANZ and ASB, bring in their LVR restrictions for investment property loan, ahead of Reserve Bank LVR rules - the loan to value ratio for investment property comes back from 80% to 70%.
How can you buy a house with no deposit in New Zealand? Using equity to buy another house may allow you no cash deposit when applying for mortgage. Many property investors buy a second home by using existing property as equit...
Apart from savings made from your regular income, what are the other ways to source a deposit that can be used for buying a property? What proof of deposit is acceptable to use for a mortgage?
If one spouse doesn’t have income, some people may assume they can borrow more when applying for a home loan on their own.
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