Our Finance Blog

You may have heard that Kianga Ora has expanded the shared ownership scheme (First Home Partner) to now allow eligible people to buy existing homes as well as new builds. This is effective from Monday 14th…

A lot of Kiwis are saying that they are feeling poorer as inflation bites, and the fact is we have had our purchasing power reduced – quite significantly too! Did you know that your purchasing power…

Shared home ownership has become more popular in New Zealand but there is still a lot of people that have not considered it as an option for them, and maybe there is a lack of knowledge…

Often people think that a mortgage adviser just helps you get a home loan, but they can help you manage your home loans too. People that have used a mortgage adviser to help review and manage…

Now Westpac are offering a “Greater Choices” home loan that allows you to borrow up to $50,000 interest free for five years to help you create a warmer, drier, healthier and more energy efficient home or…

We’re about to announce a new option of shared home ownership, and it may suit people that like the concept but are not eligible for Kainga Ora’s First Home Partner. First Home Partner is a good…

Kiwis can be too complacent and not always focus on the important things with their finances, like KiwiSaver. The majority of people have their KiwiSaver with a bank or with the provider that they were automatically…

Today HSBC says it has stopped accepting any new retail banking customers in New Zealand and will be telling existing customers to start engaging with other financial services providers. HSBC says it’ll wind-down its New Zealand…

As a mortgage adviser I’ve been asked a lot of questions over the years, but two that often pop up are: Why should I use a mortgage adviser? What do you do to get home loans…

Are you an aspiring first home buyer or potential property investor and wondering when is the right time to buy? If you are then you are not alone – as mortgage advisers we are hearing people…

As mortgage advisers we have helped people refix their mortgages over the years, ands it does not matter if that mortgage was arranged directly with the bank, with another mortgage adviser or by one of our…

Why do the main banks make small business finance so hard? Businesses of all sizes big and small need access to finance at times and unfortunately in New Zealand most banks require a mortgage over your…

One of the key roles for a mortgage adviser is to provide people on what is the best mortgage type to have. Of course the other key roles include arranging the mortgage and getting competitive interest…

When we started the Kiwi First Home Buyers Group over 10-years ago house prices were lower and the group was smaller. Over the preceding years the group has grown to about 60,000 members and we have…

When we started the Kiwi First Home Buyers Group over 10-years ago the aim was to help answer questions that first home buyers have, and over those years it has grown to about 60,000 members and…

A revolving credit mortgage works like a large overdraft or credit card, and mortgage advisers will often use a revolving credit as part of the overall mortgage. What is Revolving Credit? Revolving credit is an account…

Over recent times we have seen huge increases in building costs, and yet we hear that most Kiwi’s have left their house insurance cover levels at the same as what they were when the policy was…

You might speak to your bank about low deposit home loans and find they cannot help, but that does not mean there are not options available to you. There are still options for low deposit home…

First Home Partner is a shared home ownership scheme administered by Kāinga Ora (previously Housing New Zealand), as an alternative way to help first home buyers to get into their own homes. This is a scheme…

Plenty of people have opinions on what has happened in 2022, but few (if any) are prepared to offer any predictions for what might happen with the economy and the finances in 2023. Of course, as…