Car Insurance - July 25th Demerit Points: How Many Until You Lose Your Licence? What are demerit points? Demerit points are part of New Zealand's penalty point system, which aims to decrease dangerous driving and road incidents. Whenever a driver is caught driving recklessly or committing a driving offence, they …
Health Insurance - July 24th Reciprocal Health Agreements – What Do They Cover? Reciprocal health agreements allow citizens from specific countries to receive partially (or fully) subsidised healthcare in other countries. However, there is a range of health services that are not covered, so it pays to be …
Home Loans - July 18th Am I Too Old For A Home Loan in New Zealand? When you consider that the term of a home loan can be as long as 30 years, borrowers over a certain age may not be able to pay off their home loan before they retire. …
First Home Buyers - July 18th What Does ‘Subject to Finance’ Mean When Buying a Home? When buying a home, it's always a good idea to get your finances in place before you buy. Not only will it give you a clear idea of your price range, it will give you …
Home Loans - July 18th Offset Mortgage or a Revolving Credit Account: Which is Better? Despite a cool housing market, property remains expensive. Currently, the average mortgage across New Zealand is around $360,000. Remember this is the national average. For buyers in Auckland, Wellington and other property hotspots, you can …
First Home Buyers - July 18th What Happens if You lie on Your Home Loan Application? Author: Rebecca Jarrett-Dalton While the majority of people are honest on their home loan applications, some people lie – whether intentionally or inadvertently – during the application process. However, if you are caught lying on your …
First Home Buyers - July 18th What If I Change My Mind About Buying A House? When can you change your mind about buying a house? Prospective buyers can change their mind about buying a house any time before settlement. But the consequences of this are different, depending on when you make …
Home Loans - July 18th Sky-high living or noisy nightmare? The real deal on apartment life Apartments can have a wide range of benefits. And, in the midst of an economy that’s hard on those looking to buy property, it's often a more viable option for those on lower incomes and …
Home Loans - July 18th What Happens If You Can’t Pay Your Mortgage? Throughout 2020-21, house prices went a little crazy. Many hopeful first home buyers (and investors) took advantage of the uber-low interest rates and jumped onto the property ladder. The problem was that the increased competition …
First Home Buyers - July 18th Home Auctions vs Private Treaty Sales: The Pros and Cons There are three main styles of property sales in New Zealand: Private treaty (or private sale): interested parties make an offer and negotiate a price and purchase conditions with the seller Auction: interested parties bid …
