Home / News & tips

● News & tips

Buying a Home

Market updates, rate moves and practical tips from Hamish and the team, written for Auckland home buyers and investors.

29 Aug 2024

What conditions should you place on a sale and purchase agreement?

It is always important to check with your lawyer before signing on a sale and purchase agreement or bidding at an auction. The conditions of your agreement give you some ability to negotiate or cancel the agreement after agreeing to the price. When entering into a sale and purchase agreement, it’s crucial to have a

Hamish Patel

Founder & Financial Adviser

Read article

Buying a Home

27 Jun 2024

A nicer better home, easier in a flat market

With a lot of our work currently comprising of assisting clients move safely to a bigger home, here is another clip about the topic. Common themes to work on if you are about to embark on this exciting journey. Handle on numbers Please forget about CV’s, you need to start looking at actual sales data

Hamish Patel

Founder & Financial Adviser

Read article

Buying a Home, Investment Property

30 May 2024

DTI, CCCFA Interest rate – a lot going on at one time

Debt to Income Ratio Key thing to be aware off here is that the central bank now has a cap on the most you could borrow. Six times for a home and seven times gross annual income for an investment. However the retail banks are allowed to bend this rule for 20% of their clients.

Hamish Patel

Founder & Financial Adviser

Read article

Buying a Home, Mortgage

29 Apr 2024

Redundancy cover not likely when job certainty dented in a company

Redundancy cover is a great way to get peace of mind that there will be some cashflow when you have been made redundant. It can cover you for six months worth of mortgage repayments. However the actual trick is to have this in place before job losses are known about. Whats the catch? If job

Hamish Patel

Founder & Financial Adviser

Read article

Buying a Home

27 Mar 2024

So you want a bigger place

Some of the things to consider when trading up.

Hamish Patel

Founder & Financial Adviser

Read article

Buying a Home

31 Jan 2024

Debt to income ratios approach second half of the year

Should you be worried? Well generally, no. By design the DTI(Debt to Income Ratio) at 6-7 times income is more than what you could borrow. At the time of writing this article at least. Also the Reserve Bank of New Zealand is also proposing to ease deposit requirements at the same time. So why do

Hamish Patel

Founder & Financial Adviser

Read article

Buying a Home

20 Dec 2023

Your income enough for the new rents?

Rent increases constantly make the headlines, especially in Auckland where the current median is around $700 per week. How closely is this related to incomes? I guess unsurprisingly it seems both are fairly closely correlated. It is also interesting to see the relationship between house price growth and employment growth. This relationship is a little

Hamish Patel

Founder & Financial Adviser

Read article

Buying a Home

30 Nov 2023

Should I be worried about the new flood map affect on insurance?

The Auckland council has released a beautiful flood zone map(yes they are capable of nice things)which gives some sense in terms of risk. Based on the crazy rains seen in early 2023, which to be fair might actually not be common in the future. How have the insurance companies reacted? Not so strongly, they are

Hamish Patel

Founder & Financial Adviser

Read article

Buying a Home, Mortgage

21 Nov 2023

Auckland house prices and migration growth an inseparable pair?

Looking out at night across the Manukau Harbour, I was thinking, man there are a lot of lights out there. Actually probably more than 20,000 additional lights in the past 20 years. How closely linked is migration and house prices. We all know we seem to be very quick to open doors and very slow

Hamish Patel

Founder & Financial Adviser

Read article

Buying a Home, Life Insurance

29 Sep 2023

Protecting your ability to make repayments

In this great country of ours we have ACC which means you can take up skydiving as a job and still have some cover. However at times an illness can prevent us from working. This is where private mortgage protection insurance can step up for some commitments. Some of the key benefits includes Mortgage protection

Hamish Patel

Founder & Financial Adviser

Read article

● Rate updates

Get the good stuff in your inbox

New articles, rate moves and market updates. No spam, unsubscribe any time.