Float Mortgages

Float Mortgages At Float, we simplify money. One trusted team for mortgages, insurance, wealth, KiwiSaver and business finance. At Float, we make money simple. One team. One plan.

From first homes to investments and commercial lending, we handle the banks and stress so your entire financial plan works together. We specialise in Mortgages, Insurance, Wealth, KiwiSaver, and Business Finance, giving you one trusted team for your entire financial world. From first homes to investments and commercial lending, we handle the banks, the negotiation and the stress. We protect what m

atters with personalised Insurance, grow your future with tailored Wealth and KiwiSaver strategies, and help business owners fund growth with confidence. Total peace of mind.

Our June newsletter just landed, and it is a full one.Here is what is inside:- Wealth: Budget 2026 delivered the biggest...
03/06/2026

Our June newsletter just landed, and it is a full one.

Here is what is inside:
- Wealth: Budget 2026 delivered the biggest change to overseas investment tax in 25 years. If you hold international shares, this one matters. We break down what has actually changed.
- Lending: why bank test rates are starting to climb, and where the opportunities still sit for buyers and investors.
- Insurance: what we are seeing from the claims front line right now, and the ACC gap that catches a lot of people out.
- Fire and General: our new division is now fully operational, covering home, contents, vehicle, landlord, and commercial.
- KiwiSaver: how a small change to your contributions could bring your first home forward by years.

Plus an early look at our Financial Wellbeing Hub, coming soon.

It is in client inboxes now. Not on the list yet? Send me a message and I will add you.

Nearly half of first-home buyers are no longer waiting for a 20% deposit.For years, many Kiwis have been told they need ...
01/06/2026

Nearly half of first-home buyers are no longer waiting for a 20% deposit.

For years, many Kiwis have been told they need a 20% deposit before they can even think about buying a home.

The reality? That mindset is causing some people to sit on the sidelines while others are getting into the market.

Recent data shows nearly half of first-home buyers are purchasing with less than a 20% deposit, the highest level on record. In fact, more than half of first-home buyer lending has recently been completed with deposits below 20%.

Why?

• Interest rates have eased from their peaks.
• Banks still have capacity for low-deposit lending.
• KiwiSaver continues to help many buyers bridge the gap.
• Buyers are focusing on affordability and opportunity rather than waiting for the “perfect” time.

The best time to buy isn’t when everyone else is rushing back into the market.

It’s when you have options, negotiating power, and time to make smart decisions.

At Float, we’re seeing more first-home buyers successfully purchase with 10-15% deposits than many people realise. The key is understanding what’s possible before ruling yourself out.

A big shout out to our friends at who are helping many Auckland buyers navigate a market that currently offers more choice and less competition than we’ve seen in recent years.

If you’re wondering whether you’re closer to buying a home than you think, it might be worth having a conversation.

Have you been waiting for a 20% deposit, or would you consider buying sooner if the numbers stacked up?

A positive change for Kiwi investors.The Government has announced plans to increase the Foreign Investment Fund (FIF) th...
28/05/2026

A positive change for Kiwi investors.

The Government has announced plans to increase the Foreign Investment Fund (FIF) threshold from $50,000 to $100,000.

For many people, $50,000 has felt like an artificial line in the sand. Once they reached it, investing became more complicated and some simply stopped contributing to overseas investments.

Hopefully this change encourages more Kiwis to keep investing.

Because let’s be honest.

$50,000 invested isn’t financial freedom.

For most people, neither is $100,000.

But giving people more room to build wealth before running into additional complexity feels like a step in the right direction.

The easier we make long-term investing, the better chance people have of creating financial security and freedom in the future.

What do you think?

KiwiSaver satisfaction is up sharply.That’s great news for New Zealanders.But the interesting part isn’t just the overal...
28/05/2026

KiwiSaver satisfaction is up sharply.

That’s great news for New Zealanders.

But the interesting part isn’t just the overall result, it’s the gap between providers.

The banks, who still hold a massive portion of KiwiSaver balances, are mostly sitting around or below average. Meanwhile, the providers leading satisfaction scores are largely providers who have advisers who recommend them.

That’s probably not a coincidence.

KiwiSaver has become one of the biggest financial assets most Kiwis will ever own, yet many people still:
- Don’t know what fund they’re in
- Haven’t reviewed it in years
- Don’t know their risk profile
- Haven’t adjusted contributions as income changes
- Assume “the bank setup” = “the right setup”

And to be fair, banks do a lot well. But KiwiSaver often becomes just another account in the ecosystem, rather than a strategic long-term wealth tool.

At Float, we’ve been having more and more conversations where people realise they’re in conservative funds at 30 years old, aggressive funds while trying to buy a house, or simply paying for a setup that no longer matches their goals.

The real question is:
Do you actually know where your KiwiSaver sits today, and more importantly, whether it still suits where you’re heading?

Because “set and forget” works great for a slow cooked meal.
Not always for retirement planning.

One of our clients recently got seriously injured and may not return to work until later this year.The good news? They g...
26/05/2026

One of our clients recently got seriously injured and may not return to work until later this year.

The good news? They got proper advice, had cover tailored to their situation, and took action before life happened.

They work in the trades and are a sole trader.

No work = no income.

When the injury happened, work stopped immediately. Huge risk for the family financially.

Yes, ACC helps. But on a strong income, it often doesn’t come close to covering what’s actually needed.

We submitted the claim last week.

Yesterday we got confirmation of:
- $6,000 monthly income payments
- An additional $4,000 specific injury payment
- Plus any ACC entitlements

That $6,000 will continue each month until they’re back on their feet.

What does this really protect?

Not just income.

It protects:
- Their home
- Their family
- Their lifestyle
- Their ability to focus on recovery instead of financial stress

The important part was the structure.

They were the sole income earner, so we structured a 4-week wait period to get money flowing quickly.

They’re also a manual worker, so specific injury benefits were important due to the physical nature of the job.

And finally, the insurer matters.

Huge shout out to Partners Life for acting quickly on the claim and supporting the client through the process.

The takeaway?

Good insurance isn’t about ticking a box.

It’s about having the right cover, structured properly, with the right insurer, before something goes wrong.

We’re just relieved a bad health situation didn’t also become a financial disaster for this family.

Our Financial Wellbeing Hub is nearly ready to launch, and honestly, it’s something we’re pretty excited about.The goal ...
25/05/2026

Our Financial Wellbeing Hub is nearly ready to launch, and honestly, it’s something we’re pretty excited about.

The goal is simple:
Make financial education easier to access, easier to understand, and actually useful in the real world.

We’re building:
• Home ownership eBooks and guides
• KiwiSaver playbooks
• Simple tools and checklists
• Helpful tips around lending, insurance, money management and financial planning

No fluff.
No finance jargon designed to confuse people.
Just practical education to help Kiwis make more informed decisions and feel more confident financially.

One thing we see every day is that good people often make poor financial decisions simply because nobody ever explained things properly.

Hopefully this helps change that, even in a small way

What is equity and why does everyone talk about it?We often find equity comes up early in mortgage conversations, but it...
19/05/2026

What is equity and why does everyone talk about it?

We often find equity comes up early in mortgage conversations, but it’s not always clearly understood at first.

In simple terms, equity is the difference between the value of your home and what you still owe on your mortgage. As repayments are made and property values move over time, that gap shifts.

In practice, equity is less of a static number and more of a moving position. It changes with market conditions, loan structure, and how long a property has been held.

We see it play a role in a range of lending discussions, not just around buying or selling, but also when reviewing existing loans or considering future plans. It sits quietly in the background, but it often influences the options available at different stages.

Understanding how equity works tends to bring more context to property ownership overall. It helps explain why timing, structure, and time in the market all matter in different ways.

Some businesses talk about culture - others live it. If you’re a financial advisor looking for your next your career mov...
18/05/2026

Some businesses talk about culture - others live it. If you’re a financial advisor looking for your next your career move and this looks like a bit of you - flick us a DM

WHATATEAM!
15/05/2026

WHAT
A
TEAM!

Last night was a pretty special one for the Float team at the Kiwi Adviser Network Awards.To come away with:- 3rd place ...
14/05/2026

Last night was a pretty special one for the Float team at the Kiwi Adviser Network Awards.

To come away with:
- 3rd place for Outstanding Advice Business
- 2nd place for Outstanding Insurance Adviser - Cory Bennett
- 3rd place for Outstanding Commercial Lending Adviser - Blair Cooper

…is something we’re incredibly proud of.

Not because of trophies or titles, but because it reflects the work happening behind the scenes every single day from a team that genuinely cares about client outcomes.

We’ve always believed financial advice should be about more than transactions. It should be about trust, education, relationships, and helping people make better decisions for their future.

To be recognised across multiple areas of the business is a credit to the people inside Float who continue to raise the standard. And each award for us is a team award - we all allow each other to rise.

Most importantly, thank you to our clients, referral partners, and wider community for backing us. We don’t take that support lightly.

And we’re just getting started!

Address

Shed 4, Works Depot , 90 Wellesley Street
Auckland
1010

Opening Hours

Monday 9am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+64800356288

Website

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