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

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

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