Wellington Mortgage Brokers

15/03/2023

29/03/2022

Great news for those, particularly first home buyers, who have been struggling with the new lending laws (CCCFA) - change is coming! This will mean that banks are not required to take a risk-averse approach to lending as they have been.

For more information, click here:

Changes planned that may mean a bit less scrutiny of your current spending behaviour.

06/10/2021

Here we go with rate rises! RBNZ announcement today...

The official cash rate has been sitting at a record low of 0.25 per cent.

28/09/2021

New information on interest deductibility for new builds!

The Government has released the draft legislation outlining the details of the policy limiting the deductibility of interest costs on residential property investments.

19/08/2021

Check out our new blog post on our website, which looks at factors to help decide whether now is the right time to look at a residential investment property.

If you'd like some friendly no-obligation guidance on whether the timing is right for your circumstances, do get in touch with us today on 0800 000 518.

Many seasoned property investors hope to get strong cash flow, then have all the loans on interest only. In simple terms what that does is give them a surplus of cash every month across the portfolio of money in, versus money out on expenses. The bigger the portfolio, the bigger the potential surplu...

04/08/2021

Looking to upgrade your house? Buying before selling can be tricky! Call Craig Pope to discuss the options. Check out this article recently discussing the topic:

Vendor demands for cash unconditional offers and auctions are forcing owner-occupiers to take on significant risks to move up the property ladder, according to advisers.

16/06/2021

Waiting for your lender to approve your application for a home loan can be torture.

There are several things you can do to increase the chances of a quick decision and a positive outcome.

Read our latest blog in full, at:

26/05/2021

https://www.stuff.co.nz/business/125248142/reserve-bank-holds-ocr-but-projections-point-to-hike-next-year

Reserve Bank keeps OCR at 0.25% but rates on track to start rising as expected late next year.

06/05/2021

As one of several recent changes, the government last month introduced new property price caps for First Home Grants and First Home Loans, in an attempt to help first-time buyers and ease the pressure on the housing market.

For the full low down on this and other changes introduced (including the extension of the bright-line test), click through to read our latest blog.

For independent advice on how these changes impact you, give us a call on 0800 000 518.

In an effort to ease the housing market pressures around the country, the Government has announced a series of long-term changes to help Kiwis buy their first home.A key part of this announcement is the raising of property price caps in some areas and income caps to access First Home Grants and Firs...

14/04/2021

OCR decision announced! No change today..

The Reserve Bank has kept the official cash rate on hold at 0.25%. Here's what the central bank said: