Lendr

29/03/2017

Market update 30 March 2017

The property market has cooled rapidly due to loan-to-value ratio (LVR) restrictions, higher interest rates and credit criteria impact.

Although the cooling of the market will likely extend for months to come, the imbalance between supply and demand should keep the market supported and ready to build more momentum down the track should conditions permit.

However, higher interest rates will be the enemy here and policymakers are more serious in their desire to reduce excessive lending growth. This will reduce the potential for the market to lift in a material fashion.

The supply and demand imbalance is mostly seen in Auckland where the supply (building consents are falling) can’t keep up with the demand (Strong net migration).

Mortgage rates remain the same as they were a month ago, with a very slight rise in the average floating rate. A trend of gradually rising rates started late last year and will continue to slowly rise.

The Reserve Bank insists that it doesn’t intend lifting the OCR any time soon, let's see what happens in the next review on 11 May 17. As for interest rates, ANZ suggests the 1 year rate remains the sweet spot. Long-term mortgage rates are set to rise as global interest rates lift and as term deposit competition intensifies; but this is already well incorporated into the term structure of interest rates. In other words, breakevens remain higher than where we ultimately expect rates to get to.

To read more, check out ANZ's property focus:
http://www.anz.co.nz/about-us/economic-markets-research/property-focus/

09/03/2017

PropertyPlot is now called Lendr

Today marks a special day in our journey, a new name for our innovative company.

Where we started is only an essence of where we are heading, we listened to you our customer and have been building a company that fits your needs.

We are paving the road for Kiwis to make the right decisions when buying a home, and our mortgage advisors provide expert and unbiased guidance by connecting to a broad range of banks and lending products.

Our technology is what sets us apart from our competitors, by providing our customers with access to in-depth property analytic's to ensure they make the right financial decisions.

We are dedicated to you, our customer, which means your satisfaction is our number one goal. We provide the best advice and innovative technology that streamlines every part of the home buying process, we are reinventing the home buying process. We are Lendr.

At our heart, nothing has changed, and we hope you will join us on this exciting journey.

01/03/2017

Want to start your property investment journey or grow your current portfolio? Well, make sure you get your tickets to the CPIA's Canterbury Conference. Saturday 18 March - Christchurch
Awesome topics include include:
- How to hunt for properties and analyse the market
- Creative ideas on funding your investment
- How to add value to your portfolio
- Due diligence and tax breaks
- Effective property management strategies
- Wealth creation
- Exit strategy
http://www.cpia.nz/canterbury-conference

20/02/2017

Property Investors - looking for ways to fund your first or next property? Come and listen to Nicola Valentine discuss various strategies tomorrow night in Christchurch.

Property investment isn't just for the more mature at CPIA. Come along to our monthly event to meet young and active property investors.

09/02/2017

Pay off your home loan faster!

Did you know that paying an extra $30 per week on your lending can potentially knock 4-5 years off the full term of a $300,000 loan. This could be a savings of nearly $50,000 in repayments that you do not have to pay to the bank.

We want YOU to be in control of your lending. Talk to us today for FREE advice about a potential refinance, or even a review of your current lending. Phone 0800 699 899
http://blog.propertyplot.co.nz/2017/02/08/time-to-refinance/

20/01/2017

Happy 2017! With the new year we are excited to announce our new mortgage advisors to PropertyPlot!
We would like to welcome Kim Laurenson and Kathryn McLachlan who are registered financial advisors and experts in the field.
Kim and Kathryn will be joining Nicola Valentine in the mortgage advisor team, providing an end-to-end service and a one-stop shop for home buying.
Come and talk to our friendly and expert team freephone 0800 699 899 or www.propertyplot.co.nz

15/09/2016

We're on the hunt for a mortgage broker to join our expanding team! Check out the job ad here:
https://www.seek.co.nz/Job/31839667?_ga=1.95987868.1225001722.1467705568

Mortgages, We need an awesome mortgage broker to join our exciting start up - We're reinventing the home buying process

19/07/2016

First home buyers - want to buy your first house? Check out our 6 tips that will rocket you onto the property ladder.
http://blog.propertyplot.co.nz/2016/07/07/6-tips-that-will-rocket-you-into-your-first-house/

First home buyers are finding it harder than ever to get onto the property ladder. Check out these 6 tips and tricks to help you get on the property ladder faster!

18/07/2016

And its happened... reserve bank has put huge restrictions on property investors nationwide, with 40% deposit now required. This will take effect from 1 September...
http://m.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11677196

Tough new rules on borrowing for investment properties have been outlined by the Reserve Bank - with banks told to take immediate action. - New Zealand Herald

15/07/2016

We are re-inventing the home buying process - its SIMPLE and FREE!

1. Know what you can afford
2. Search for property
3. Easily get pre-approved for a home loan

www.propertyplot.co.nz

13/07/2016

Looking for a house outside of Auckland? Check out these hot spots: Waipu, Whangarei Heads, Paihia, Tutukaka, Whangarei Heads, Kerikeri surrounds, Paihia and the Karikari Peninsula. http://ow.ly/xupP302bBtm

Can't afford to buy a house in Auckland and think you're running out of options? Ruled out Tauranga and Hamilton? Where are the next northern...

30/06/2016

The joys of working in Christchurch, piling for a new building next door is rather distracting and shaky