First Time Buyer? Consider these 7 Things First

First Time Buyer? Consider these 7 Things First With no doubt, buying a house is a great expected to be the biggest purchase of life for New Zealander. New Zealander always dream of having their own house whether that is a city apartment, a simple house in the suburbs or a plot of land in the country. In the context of buying a house, you may have well-thought-out of how many bedrooms you want, is there any parking lot available, and what your neighbourhood should be like. Since buying a house is a big deal, we, Metro nz Properties Management,

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Things you need to know when you are buying or selling property

Retrieved from Stuff.co. nz, written by Kevin Lampen, Chief of Real Estate Authority Metro NZ Property Management is licensed under REAA 2008. We can sell real estate and help people to buy. We can also help investors to manage property. We always present and process deal in a fair way that makes vendor and buyer happy. It’s a big decision to either sell or buy a property. There are many things you need to be aware before you signing up with an Agency. At Metro NZ Property Management, we always advise our client to take the Agency Agreement, or Sales

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Westpac offers ‘special’ one-year mortgage rate at 3.99%.

Are you planning to apply for a Mortgage loan? This might be a good time. Read further to get information about the current happenings in the loan market.! Metro NZ Property Management would recommend you to first get a professional’s advice. Westpac has introduced one-year mortgage rate “special”. From 18thJan onwards Westpac is providing a one-year fixed term rate of 3.99%, reducing 16 points on its standard rate of 4.15%. The offer is only limited until February 1 and is only applicable for those who have more than 20% equity and have their salary going into a transactional account at the bank. 

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The Reserve Bank to relax the speed limits on High Loan to Value Ration Lending and additionally ​more loosening of the rules expected in the future.

The Reserve bank has pronounced to lighten the rules about the high loan to value ratio (LVR) housing lending in an expected move that might encourage the housing market. The development was announced on 27thNov as part of the bank’s latest Financial Stability ReportFrom 1 January 2019: Up to 20% (increased from 15%) of new mortgage loans to owner occupiers can have deposits of less than 20%. Up to 5% of new mortgage loans to property investors can have deposits of less than 30% (lowered from 35%). This is the next lightening of the LVRs, first introduced in the year 2013, which the RBNZ has

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