Allan Financial

02/01/2024

Happy New Year. Looking forward to a great 2024!

25/10/2023

Is now a good time to buy that first home, investment property or next home?

And where prices are still soft, for now.

16/07/2023

Kiwibank is forecasting annual gains in the housing market of 2% by the first quarter of next year, before hitting a high of 6% by the middle of the year.

29/06/2023

When it comes to getting a new home loan or refinancing a property, many high-income households face a choice of working with a personal banker through private banking or engaging a mortgage broker. If you have a personal banker (also known as a private banker), your initial instinct may be to conta...

08/06/2023

From 1 June 2023 LVR restrictions imposed by The Reserve Bank eased. Banks are now able to lend up to 15% of new lending to people with less than 20% deposit. This is good news for first home buyers as it opens the door to allow more people to purchase their own home.

At the same time, they have eased the lending ratios for property investors purchasing existing houses to 65%, meaning an equity deposit of 35% from 40%. There is no change to new builds where the Banks can lend up to 80% for investors.

Contact us on 027 200 9004 or [email protected] for further information or to apply for a new home loan or residential investment loan.

18/05/2023

If you're in the market for a mortgage, you might be wondering whether you should go straight to your bank or use a mortgage adviser. Let me share with you some key reasons why using a mortgage adviser could be a smart move:

Firstly, mortgage advisers have access to a wide range of lenders and mortgage products, beyond what's offered by a single bank. This means they can search the market and find the best mortgage deal to suit your specific needs and circumstances.

Secondly, mortgage advisers can offer you impartial advice and guidance. They don't work for the lenders, so their advice is focused solely on what's best for you.

Thirdly, mortgage advisers can save you time and hassle. They can take care of all the paperwork and negotiations with lenders on your behalf, making the whole mortgage process smoother and less stressful for you.

Finally, mortgage advisers are often able to secure better mortgage rates and terms than you might be able to get on your own. This could save you thousands of dollars over the life of your mortgage.

So, in summary, using a mortgage adviser could give you access to a wider range of mortgage products, impartial advice, save you time and hassle, and potentially save you money.

Give us a call on 027 200 9004 and take advantage of our expertise.

14/03/2023

Here is a good article for potential first home buyers. Always happy to chat through the finance side of things to help you get into your first home.

OPINION: It's tricky, but here's how you can figure out what to do.

23/02/2023

Why should you use a Mortgage Adviser instead of going to the bank direct?

When you deal directly with the bank, you are restricted to that banks products, which may or may not suit you. You will only receive general recommendations, not specific advice. When you use a good mortgage adviser, you are dealing with someone who works on your behalf, not the lenders, and ensures your lending is structured appropriately for your circumstances.

Let me help. Give me a call on 027 200 9004 or email [email protected]

19/10/2022

With the average first home $81,000 cheaper than in January, price falls are cancelling interest rate rises and then some.

05/10/2022

It is important to get good solid advice for your mortgage when buying. Give us a shout on 027 200 9004.

Two property insiders weigh in.