Now is the time to have a Broker on your side!

By Awesome Office Team at WMB In blog No comments

Its been a challenging time of late with the Reserve Bank restrictions turning the lending world for investors upside down. Its also put a little more of a squeeze on first home buyers as well. What makes it even more challenging is that each bank has their own restrictions/criteria change they have imposed. For example […]

Read more

The Reserve Bank of NZ proposes new LVR restrictions

By Awesome Office Team at WMB In blog No comments

The Reserve Bank has today released consultation papers proposing changes to LVR restrictions (loan-to-value) This will further reduce the risks to financial stability arising from the current housing price boom RPNZ say. Under the proposed new restrictions:  No more than 5 percent of bank lending to residential property investors across New Zealand would be permitted with an LVR […]

Read more

Changes to the KiwiSaver HomeStart Grant application

By Awesome Office Team at WMB In blog No comments

 The KiwiSaver HomeStart grant application now needs to be submitted online, with no paper versions to be accepted from the first of July. The online application form can be completed via their website, or the by clicking on this link; https://hera.power-business.co.nz/hnz/HomeStart.nsf Applications submitted online will receive confirmation of submission and receipt within 24 hours. The online process is secure, easier and […]

Read more