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New Zealand is a great place to live!!! Not only for lifestyle but for purchasing a property. See updated news.
Firstly Job Opportunities - unemployment dropped in September quarter to 5.4% (previous year 7.3%) and economists forecast further falls. Property Values - Auckland average property price increased 9.2% annually to $738,083 in Sept 14 (QV report Sept 13 $662,976) and the NZ average property has risen 5.94% in the past 12 months to 30 September 2014 to $474,307.
In November the Reserve Bank Governor advised there will be no removal of the LVR (loan to valuation of property) 80% threshold restriction in the near future.
Interest Rates - Banks are now offering extremely great competitive fixed interest rates - contact Mary to obtain rates. Bank Financial Advisors are predicting there will be no increase in variable interest rate (cash rate) by the Reserve Bank until well into the at least March 2015 (read my newsletter below).
With a very strong economy, no stamp duty, no land tax, just 20% deposit and around NZ$1000 to $1500 legals/registration, contact Mary from New Zealand Mortgage Solutions for a preapproval from a choice of leading New Zealand banks/lenders
We are mortgage brokers who specialise in providing New Zealand and Australian finance.
We are accredited with 12 New Zealand banks/lenders and accredited with over 35 Australian lenders. This gives us and you an advantage.
Our focus is to help provide mortgage options and creating loan solutions for Australian residents and people around the world wanting a New Zealand mortgage. Our main aim has always been to help people own their own home and to choose with me the best loan to suit them long term.
To read the latest real estate news in New Zealand, checkout our newsletter.
Everything you need to know if you thinking of buying real estate in New Zealand. Updated each month.
We have compiled a handy checklist of you so you can begin to understand the process involved in getting a New Zealand mortgage.
Click here to read more media releases.
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