APIA Blog

RSS Feed

{{name}} - APIA Auckland Property Investors

Kelvin Davidson: There’s never a dull moment in the property market

Over the past month the property market has remained at the forefront of news headlines, so here’s an important reminder of recent key points: Property values are still rising rapidly – in May they were more than 20% higher than a year ago (on the CoreLogic House Price Index) However, there are hints that sales volumes are starting to cool, due to previous measures s...
read more
{{name}} - APIA Auckland Property Investors

Kelvin Davidson: The property investment rule changes have probably finished for now

Clearly, the late-March policy changes made by the Government have altered the economics of using a mortgage to buy further investment properties, coming on top of the higher deposit requirements that have already been in play for a few months now. Then in early May, the Reserve Bank (RBNZ) released the latest Financial Stability Report (FSR), which contained even more discussion ar...
read more
{{name}} - APIA Auckland Property Investors

Ryan Smuts: Can you still get a mortgage after filing for bankruptcy?

When it comes to mortgage lending, in many circumstances it comes down to deposits/equity and your ability to meet loan affordability criteria, which can be different depending on which lender you approach. However, another key area of mortgage lending is your character, which covers your overall position as a borrower – including for example, credit history and ...
read more
{{name}} - APIA Auckland Property Investors

Ryan Smuts: How much money does it take to become a property investor

We meet clients regularly who are looking at getting into property investment and are wondering how much money they need to get going. There are many answers to this question. Much will depend on your intention and financial position. That said, here are some considerations to help you arrive at the appropriate range. If you are buying properties for the first time, you wil...
read more
{{name}} - APIA Auckland Property Investors

Ryan Smuts: 4 things to watch out for when working with 2nd-tier lenders

Second-tier/non-bank lending is not for the faint-hearted. Rules differ widely from traditional property financing. Still, with the banks taking a tough stance on property lending these days, it pays to open up your mind to second-tier lenders to get yourself moving forward. I have been asked to share some not-so-obvious tips with first-time borrowers in the second-tier market: Compari...
read more
{{name}} - APIA Auckland Property Investors

Ryan Smuts: Do banks care about overseas income and debts?

Hell yeah! Banks always want to know your full financial position when assessing lending. They want to understand what your commitments are before they proceed in deciding on whether to lend you further funds. Just because you have liabilities overseas for example, this shouldn’t be treated any differently. It is no different to approaching ANZ for a loan, and not telling them about ...
read more
{{name}} - APIA Auckland Property Investors

Ryan Smuts: Understanding serviceability

I get asked about bank servicing criteria all the time. Comes with the territory I suppose. The cautiousness I totally get. Imagine putting in all the hard work to get prepped up as the ‘ideal borrower’ only to find that the banks are looking at something else entirely different! Say you are after a home loan. You take your living expenses away from your net income to work out your mont...
read more
{{name}} - APIA Auckland Property Investors

Ryan Smuts: How to raise money quickly

In certain markets where properties are moving quickly, your ideal scenario would be to aim at being in a position to purchase and move at the same pace as the market, that is being ready should a good deal presents itself. It is always better to be prepared for an opportunity and not have one, than to have an opportunity and be unprepared for it. Our recommendation would be ...
read more
{{name}} - APIA Auckland Property Investors

Ryan Smuts: I’ve just changed jobs, what does my lender need to know?

A little note from us: Though the effects of Covid-19 are being felt acutely across the board at the time of this article being published. We feel that it is important to, as much as possible, keep with our original content schedule to maintain normalcy and provide a balanced range of information to help our readers make better decisions long term. This article was produced before current e...
read more
{{name}} - APIA Auckland Property Investors

Ryan Smuts: How to finance a deal when you are investing with someone else 

When it comes to investing in properties with a partner*, be it a spouse, a friend or colleague, funding rules can differ from lender to lender and would depend on the nature of the relationship between the parties. The key things to be aware of are outlined below: For the most part, lenders would assess applicants jointly if the partners are also (de facto) spouses. For example, in the c...
read more

Recent Posts


Tags

investor government HHS cat CCC data security kiwibuild minor dwelling retaliatory notice return commerce commission meth contamination legal cost house prices privacy warm up new zealand rental wof rental market banking unitary plan bond form twg report rent arrears airbnb lvr termination Zodiak Management interest limitation DTI yield Property (Relationships) Act skill shortage TCIT clnz buyer's agent worksafe heating RTAA 2019 investment strategy advice anz Q&A market rent How to early termination first home buying income will ventilation bad tenant trespass Kris Pedersen Mortgages and Insurance Jeff Bezos equity covid-19 housing package boarding house anti-social behaviour off the plan initio insurance letting fee HSWA reserve bank property value short-term rental principal and interest development shower dome CoreLogic watercare Gluckman positive cash flow business rent increase tax partners ask an expert tenancy issues mindset auckland khh Holler smoke alarm travel bubble Sponsored post wealth creation damage rta reform property RBNZ scotney williams heater brightline Investment tip legal re agent wins education robert kiyosaki Question and answer debt enforcement rtaa2020 parry v inglis HHGA barfoot and thompson election 2017 asbestos Guest blog finance housing affordability cash-flow heat pump personal growth cgt extractor fan ocr bankruptcy rta sale and purchas sublease television debt to income mortgage relationship interest deductibility quiet enjoyment property apprentice winz Case study recycling equity Investor story warren buffett Editor's Choice buying rules apia election2020 Must knows capital gain trademe Tribunal case study rent interest rates renovation buying interest only letting ring-fencing gluckman report ird LIM water bill tenancy services management Market report property cycle tenancy tribunal beginner investor subdivision auckland council property maintenance sale and purchase housing bubble inspection negotiation Level 4 tenant trust short term rental daikin financial advisers act speculator property management opes partners building maintenance insulation market bond landlord holiday house fixed-term tenancy structure Landlording rent control Must know productivity p lab nzpif shortland chartered accountants meth Standards New Zealand

Archive

Introducing Our Partners
Principal Sponsor - Kris Pedersen Mortgages & Insurance logo Gold Sponsor - Barfoot & Thompson logo Gold Sponsor - CoreLogic logo Property Apprentice logo The Insulation Warehouse logo The Renovation Team logo The New Zealand Property Investors' Federation logo