South Island Autumn Hot Cross Buns Auckland at Night Queenstown Autumn Color Auckland Suburban houses Kiwi Road Sign Anzac Wakatipu Wakaclinton Road South Wakaclinton Road South NZ Mountain Lake Hanging Dollar Pink Moneybox

New Zealand Autumn means lovely moderate temperatures where people are still going on holiday, getting away for long weekends. At the same time the colours are changing outdoors and thee are really picturesque landscapes, particularly in the South Island (Queenstown, Wanaka are absolutely beautiful this time of the year).

New Zealand is a great place to live not only for lifestyle but for jobs, education and purchasing a property.

Financially from the Reserve Bank of NZ in October brought in new restrictions on Loan to Valuation Ratios to all New Zealand banks with maximum lending for investment property is 60% and owner occupied is 80% nationwide. The exemptions are new land and construction, refinancing dollar for dollar from another lender, construction LVR is 70% for nonresidents and 80% residents. The Reserve Bank took this action, as the property market throughout the whole of New Zealand was extremely active as well as the new "Responsible Lending" law. With tighter lending restrictions, higher deposits for all borrowers, interest rates still low but increasing in New Zealand and around the world, lack of supply and all time record net migration. As per QV report in March 2017, values are continuing to drop in Auckland and Hamilton, and the rate of increase has slowed considerably in most other areas of NZ.

GDP for Q3 (December 2016) was 2.9% from 3.3%

Unemployment Rate for Q4 December 2016 was 5.2% up slightly from 4.9% Q4 2015.

Policy changes from the New Zealand banks are that there will be no future lending to residents and nonresidents earning foreign income who are not New Zealand or Australian citizens or do not have New Zealand Permanent Residency.

All nonresidents now, must have a NZ tax file number before they can settle any New Zealand Property and provide their overseas tax file number.

Property Market - New Zealand average median house increased 13.5% in February 2017 to $631,349, Auckland Region increased 12.8% to $1,043.680, Tauranga increased 19.4% to $673,923, Wellington Region increased 21.5% to $589,784, Nelson increased 16.9% to $513,933. Christchurch increased 2.8% to $498,710, Queenstown Lakes District increased 29.5% to $1,039,434 and Dunedin increased 15.6% to $359,629.

All Investors for NZ investment property must be aware of the law "Bright Line Test" whereby all investors who purchased residential NZ property after 1 October 2015 with the intention of selling and making gain will require income tax to be paid on any gains and will be taxed at the seller's normal income tax rate.

NZ exports remain high. Also with record high migration to New Zealand both from ex pats and other nationalities.

When you look at such a diversified value in New Zealand and look at rental return on the Government website (outlined on this website "Useful Links"), you will see the capital growth and rental returns that suit you pertaining to the New Zealand location you wish to purchase.

Remember there is no Stamp Duty and No Land Tax in New Zealand. You normally require 40% deposit investment, 30% construction and 20% owner occupied plus approximately NZ$1,500 legals to NZ solicitor to acquire a New Zealand property if you have a NZ or Austraian passport/citizenship or New Zealand permanent residency.

Refer to my "Case Studies" on this website of many Australian residents, Ex Pat Kiwis living in Australia and overseas people investing or moving to NZ. There are many happy clients. Contact Mary from New Zealand Mortgage Solutions Pty Ltd for a preapproval from a choice of leading New Zealand banks/lenders.

My father came from Tralee Ireland many years ago and I have seen many Irish enjoy the New Zealand lifestyle and I would love to help the Irish.

Contact Mary of New Zealand Mortgage Solutions for assistance

New Zealand Finance For Irish Living In Ireland or Emigrating

New Zealand Mortgages

Mary O’Brien sets out to help Irish people achieve a life’s ambition of owning property or investing in a great property asset ‘Downunder’.

Mary O’Brien is uniquely positioned to help the Irish obtain finance.  Accredited with 13 New Zealand and 35 Australian banks/lenders Mary specialises in assisting the Irish with New Zealand and Australian finance.  A move to another country is never easy, especially when selling and buying a home. Before leaving Ireland, or if you live in Ireland (as an investor), Mary can obtain a bank letterhead pre-approval for a NZ or Australian property. It gives you, the buyer, the confidence and comfort in knowing just how much you can borrow and is usually valid for 90 days.

Mary, herself is of second generation Irish descent, knows and understands the ups-and-downs, the twists-and-twirls, of establishing ones-self in a new country. That is how Mary’s father, Michael, from Tralee, Co Kerry, found the ‘New Country’ in the construction industry.  Through her father, Mary has been imbued with a flair for property investment. Being a frequent visitor to Ireland, maintaining close contact with her Irish relations, Mary has that special understanding of what it is like to be Irish living aborad. She is delighted to be in a position in being able to assist other Irish people in their antipodean adventure. To read the latest real estate news in New Zealand, checkout our newsletter.

Home Loan Calculators And Currency Converters For New Zealand

This calculator will help investors analyse various repayment schedules and interest rates, as well as the effect of extra repayments beyond the minimum amount. Click here to learn more about our mortgage calculators and currency converters.

Find out more about New Zealand

Map of New Zealand

I Want A New Zealand Mortgages?
Where Do I start?

We have compiled a handy checklist of you so you can begin to understand the process involved in getting a New Zealand mortgage.

We the recommend you read the section about NZ home loans and then take a look at our case studies to get an idea of the wide range of people we have helped.

New Zealand Mortgage Can Help You:

  • Before you go to New Zealand.
  • During the procedures when you visit New Zealand.
  • Obtaining valuation from Registered Valuers in New Zealand to enable unconditional approval.
  • Ensure solicitor, bank, valuer and New Zealand Mortgages Solutions all help clients towards settlement.
  • Visit our useful links page for important websites you will find useful.

Media Releases by Mary O'Brien of New Zealand Mortgage Solutions

Click here to read more media releases.

Contact Us

Please Wait ...

Please wait

You can contact us on 1800 557773. Or fill in the form below, please give as much detail as possible and we will get back to you as soon as possible.

Name:
Phone Number:
Email:
Address:



Please enter a description below: