That Home Loan Hub podcast

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المحتوى المقدم من Zebunisso Alimova. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة Zebunisso Alimova أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.

Tinfoil Swans

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Encore: Will Poulter, Dave Beran, and The Bear 52:22

منذ 13 يومًا52:22

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52:22

Season 3 of the smash hit FX/Hulu show “The Bear” roared to life just days ago, but Will Poulter (the actor who plays fan-favorite Luca) and 2014 F&W Best New Chef Dave Beran had been prepping for weeks. Poulter — like his co-star Jeremy Allen White — staged with Beran at his Santa Monica restaurant Pasjoli to learn how to accurately portray a professional chef onscreen. The lessons went so well, Beran says he’d hire Poulter as a cook — even despite a messy mishap with a pastry bag. The two dished all about getting kitchen culture right on and offscreen, what it takes to be at the top of your craft, and the pure magic of a great restaurant service. Learn more about your ad choices. Visit podcastchoices.com/adchoices…

That Home Loan Hub

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Welcome to That Home Loan Hub, your ultimate guide to mastering the world of home loans and property. I'm Zebunisso Alimova, here to simplify the complexities of real estate and provide you with expert insights and the latest trends.
Whether you're a first-time homebuyer, an experienced investor, or simply curious about the property market, this podcast is for you. Join me each week as we unlock the secrets to property success and help you make informed decisions. Let's dive into the world of property together!

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#Trading #Business #Podcasting Education #Zebunisso Alimova #Homeloan #Investing #Money #Saving #Finance #Income #Morgage

That Home Loan Hub

updated منذ 23 ساعة

منزل السلاسل•Feed

77 حلقات

#Trading #Business #Podcasting Education #Zebunisso Alimova #Homeloan #Investing #Money #Saving #Finance #Income #Morgage

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That Home Loan Hub

1
Debt Decoded: What Lenders Actually Care About 5:27

منذ 23 hours5:27

5:27

The myth that you need to be completely debt-free to buy a home stops countless potential homeowners from even trying. The truth? Not all debt is created equal, and understanding the difference could be your key to mortgage approval. Lenders don't just look at your income and deposit—they scrutinize every financial commitment against your borrowing capacity. That $5,000 credit card you hardly touch? Banks assume it's maxed out. Those seemingly innocent buy-now-pay-later accounts for clothes and electronics? They're chipping away at your borrowing power with every purchase. Take Ryan and Mel, who came to me with stable incomes and a solid $70,000 deposit, but their car loan and credit cards were roadblocks to their dream home in Port-au-Rouge. After clearing one credit card completely, reducing another's limit, and refinancing their car loan, their borrowing capacity increased by an astonishing $92,000—transforming rejection into approval. Red flags that make lenders nervous include payday loans, missed payments, and high-interest retail finance deals. In the neutral zone, you'll find student loans and low-interest car loans that affect calculations but aren't deal-breakers. The green zone? Clean repayment history, minimal consumer debt, and proactively reduced credit limits before applying. Strategic debt management is your most powerful tool when preparing for a mortgage application. Get your credit report early to check for surprises, pay down small balances, lower credit limits even on cards you don't use, and avoid applying for new loans before seeking mortgage approval. Remember—debt doesn't disqualify you from homeownership, but it does determine how much you can borrow and on what terms. If you're carrying debt and uncertain about your mortgage prospects, let's talk strategy without judgment. One good plan can change everything—and that home you've been dreaming about might be more attainable than you think. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

That Home Loan Hub

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Unlocking Your KiwiSaver: The Hidden Trade-offs for First Home Buyers 4:59

منذ يومين4:59

4:59

Facing the KiwiSaver dilemma? You're not alone. The question of whether to use your retirement savings for a first home deposit or preserve them for your golden years is perhaps the most consequential financial crossroads many Kiwis will face. As your mortgage advisor who promises honesty over comfort, I'm diving deep into this complex decision. After three years of KiwiSaver contributions, first-home buyers can withdraw almost their entire balance (minus $1,000) – often forming their only substantial deposit source. But this convenience comes with significant long-term implications. The mathematics of compound growth means withdrawing at 30 or 35 potentially sacrifices hundreds of thousands in retirement funds. Yet simultaneously, delaying property purchase while house prices continue climbing creates its own financial penalty through lost equity growth and continued rent payments. So which investment typically performs better – KiwiSaver or home equity? Through real client stories like Natasha's clever strategy of using KiwiSaver for her deposit then boosting contributions from 3% to 8% post-purchase, we explore practical approaches that balance immediate housing needs with future financial security. Before making your decision, ask yourself critical questions: Are you emotionally and financially ready for homeownership? Are you confident in the property's quality and location? What's your plan to rebuild retirement savings? Remember there's no universal right answer – only the right answer for your specific circumstances. Whether you use KiwiSaver for a home deposit or preserve it for retirement, having a deliberate strategy matters more than simply waiting and hoping. Ready to make this decision with confidence? Let's talk about your unique situation and find the path that builds your future, not just buys a house. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

That Home Loan Hub

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Protect Your Pre-Approval: The Secrets Banks Don't Tell You 5:38

منذ 3 أيام5:38

5:38

Getting pre-approved for a home loan feels like a victory – until suddenly the bank ghosts you or that precious approval vanishes right when you find your dream property. As a mortgage advisor who's seen countless pre-approvals fall apart at the worst possible moment, I'm pulling back the curtain on what really happens behind the scenes. Pre-approval isn't the golden ticket many think it is. It's conditional, temporary, and surprisingly fragile. Like Izzy, who lost her pre-approval after accepting a better-paying job, many homebuyers make innocent mistakes that derail their homeownership journey without realizing it. The probation period in her new role made her income suddenly "unstable" in the bank's eyes – despite the salary increase. What's slowing down your pre-approval? Missing documents, inconsistent income, poor bank account conduct (yes, those weekend takeaways matter!), and hidden debts all raise red flags. Those Buy Now Pay Later arrangements you thought weren't real debt? The bank disagrees. And trying to DIY everything without understanding lending policies only creates weeks of frustrating back-and-forth. The secret sauce for fast, stable pre-approval starts with preparation. Have all your documentation ready, tidy up your bank accounts, disclose absolutely everything, and work with a mortgage advisor who can match you with the right lender based on your specific situation – not generic criteria. Once approved, protect that pre-approval like your passport: avoid job changes, new debts, and missed payments that could invalidate everything you've worked for. Ready to move faster, smarter, and with less drama in your homebuying journey? Reach out today for a strategy that works. I'll help you prepare properly, match you with the right lender, and keep you ready to pounce when your dream home appears. Remember – a mortgage is a strategy, not just a product. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

That Home Loan Hub

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New Build Nightmares: What Property Developers Don't Tell You 6:20

منذ 4 أيام6:20

6:20

"Should you buy a house that doesn't exist yet?" That's the question at the heart of our deep dive into the glittery but sometimes treacherous world of off-plan property purchases. Forget what you've seen in the glossy brochures—buying off the plans isn't just about picking finishes and waiting for the keys. It's a financial commitment with unique risks that can catch even savvy buyers off-guard. We explore the hidden traps lurking in developer contracts, like the notorious "sunset clause" that lets developers cancel your contract if property values rise, potentially leaving you in the cold after months of waiting. Through the real-world story of Dan and Priya, we reveal how a seemingly straightforward townhouse purchase in Lower Hutt became a nail-biting ordeal when their completed property was valued at $45,000 less than the contract price. Their scramble to cover the shortfall or lose both their home and deposit highlights why off-plan purchases require vigilance and solid backup plans. But it's not all doom and gloom. We also unpack the genuine benefits that make new builds attractive—lower deposit requirements, potential capital gain during construction, and the joy of a brand-new, low-maintenance home built to modern standards. The key is approaching these opportunities with eyes wide open. Armed with practical tips on researching developers, understanding finance timeframes, and protecting yourself legally, you'll finish this episode knowing exactly how to tell whether an off-plan purchase is your dream opportunity or a potential disaster waiting to happen. Your dream home shouldn't come with nightmare clauses—let's make sure it doesn't. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

That Home Loan Hub

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Should You Break Your Fixed Mortgage Early? A Cost-Benefit Analysis 4:58

منذ 7 أيام4:58

4:58

Struggling with a high fixed mortgage rate while watching interest rates drop? You're not alone. This episode tackles the complex question many Kiwi homeowners face: should you break your fixed mortgage early? Breaking a mortgage isn't just about chasing a lower rate—it's about understanding the true financial impact of that decision. I walk you through the common reasons people consider breaking their fixed terms, from significant interest rate drops to major life changes like selling property, separating, or relocating. But the critical factor is always the break fee calculation, which varies dramatically based on your specific circumstances. These break fees (or earlierment costs) can range from manageable to eye-watering—I've seen some exceed $10,000. We explore exactly how banks calculate these figures based on your locked-in rate, remaining term, current market rates, and outstanding loan balance. The key takeaway? Always get a formal break cost calculation before making any decisions, as these quotes typically only apply for that specific day. Through a real client case study, I demonstrate how breaking can sometimes be the financially smart move. With a 1.1% rate reduction and $3,000 cashback, my client came out $4,600 ahead despite paying a $4,200 break fee. But had the rate difference been just 0.2-0.3%, the math wouldn't have worked in their favor. I also cover alternatives to breaking, including partial repayments without fees, top-up loans, and split loan options that might provide relief without the hefty costs. Whether you're feeling financial pressure or simply wondering if you could be getting a better deal, this episode provides the clarity you need to make an informed decision. Remember, breaking a mortgage isn't a yes-or-no question—it's a numbers question. Listen now, and don't make any mortgage decisions without understanding the full financial picture! Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

That Home Loan Hub

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Unlocking Home Equity: Is a Top-Up Loan Right for You? 5:44

منذ 8 أيام5:44

5:44

Wondering whether that home renovation, debt consolidation, or family holiday should be funded through your mortgage? This eye-opening episode cuts through the confusion surrounding top-up loans - one of 2025's hottest financial topics. We unpack what exactly happens when you borrow against your home equity, highlighting both the opportunities and pitfalls that come with accessing this powerful financial tool. Your house might be sitting on significant untapped value, but accessing that equity comes with long-term consequences that aren't always obvious at first glance. The math tells a sobering story: that $30,000 renovation financed at 6.9% over 25 years will actually cost you $64,000 in total repayments. Yet structured properly, top-up loans can transform high-interest debt into manageable repayments or add genuine value to your property. Through real-world examples, we share how one client reduced their monthly payments by $220 while setting up a clear 7-year repayment plan rather than stretching their debt across decades. Whether you're considering a top-up or just exploring your options, this episode provides the concrete strategies you need to make informed decisions. Learn what banks really look for in applications, how to structure repayments to minimize interest, and when to walk away from seemingly "easy" money. Ready to use your home's equity wisely? Join us every fortnight for more insights that will empower your financial journey. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

That Home Loan Hub

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Young Couple Proves Homeownership Is Possible Despite Initial Doubts 20:40

منذ 9 أيام20:40

20:40

Stepping onto the property ladder feels impossible for many young New Zealanders, but Ryan Bilby's journey proves otherwise. A bakery manager at Ben's Buns in Paraparaumu Beach, Ryan recently purchased his first home with partner Crystal despite believing they weren't financially ready. With an 18% deposit, concerns about past credit issues, and no substantial parental support, Ryan initially dismissed homeownership as unattainable. The turning point came when rental costs kept climbing and finding pet-friendly accommodation became increasingly difficult. Their leap of faith revealed surprising truths – Ryan's credit history was better than expected, their deposit was competitive, and their debt-free status positioned them well with lenders. The house-hunting process proved eye-opening. Ryan and Crystal viewed approximately 30 properties, often competing with dozens of other potential buyers at open homes. They navigated the disappointment of withdrawing an offer after a building inspection revealed asbestos and roofing issues, teaching them valuable lessons about patience and due diligence. Ryan shares golden advice for fellow first-home seekers, particularly about keeping your maximum budget confidential from eager real estate agents. Most encouraging is Ryan's revelation that homeownership hasn't ended their ability to enjoy life. While they're saving at a slower rate than before, they still maintain lifestyle pleasures like weekend getaways while building equity in their property. Already planning their next steps on the property ladder, they're strategically paying down their mortgage with future investments in mind. Ready to discover whether homeownership might be closer than you think? Ryan's parting wisdom is refreshingly simple: "Get out there, get saving, and get it done. Get on the ladder." His journey from doubt to doorstep might just be the inspiration you need to start your own. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

That Home Loan Hub

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Breaking the 20% Deposit Myth 5:02

منذ 10 أيام5:02

5:02

Tired of the endless saving cycle while watching home prices continue to climb? You're not alone. Many Kiwis believe they need a 20% deposit to enter the property market—a seemingly impossible hurdle that keeps pushing the dream of home ownership further away. But what if I told you this widely accepted "truth" is actually one of the biggest myths in New Zealand real estate? As a mortgage advisor who's helped hundreds of families secure their first homes, I'm pulling back the curtain on low deposit options that could transform your housing journey. The reality is far more promising than most realise—with pathways to property ownership requiring as little as 5-10% deposit. From Kāinga Ora's First Home Loan scheme for those with just 5% saved to mainstream banks that will consider 10% deposits, and even non-bank lenders offering flexibility on credit history and income types, the opportunities extend well beyond what most buyers imagine. Through real client stories, including a single mother who went from an 8% deposit to homeowner in Levin (later refinancing with a mainstream bank), I break down exactly how these alternatives work, who qualifies, and what you need to prepare. Yes, buying with a lower deposit comes with considerations like higher repayments and certain fees—but weighed against the wealth-building potential of property ownership versus continued renting, many find it's a risk worth taking. Whether you're considering your first home purchase or know someone who believes they're locked out of the market, this episode provides the strategies, tips, and encouragement needed to move forward with confidence. Ready to stop letting the 20% myth hold you back? Let's explore what's truly possible for your situation. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

That Home Loan Hub

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Rentvesting: The Unconventional Path to Property Ownership 4:38

منذ 11 يومًا4:38

4:38

Feeling priced out of your dream neighbourhood? You're not alone. Across New Zealand, aspiring homeowners face the harsh reality of skyrocketing property prices in our most desirable cities. But what if there's another path to property ownership that doesn't require million-dollar mortgages or sacrificing your lifestyle? Rentvesting – renting where you live while investing in property elsewhere – is changing how Kiwis think about entering the property market. This approach makes perfect sense when you break it down: Why stretch yourself financially to buy in Wellington, Auckland or Queenstown when you could maintain your current lifestyle while building wealth through property in more affordable regions? Picture continuing to rent your perfect apartment close to work, friends and favourite cafés, while simultaneously owning a cashflow-positive investment property in places like Palmerston North, Levin or Invercargill. The beauty of rentvesting lies in its flexibility and financial strategy. Your tenants help pay your mortgage while you build equity and potential capital growth. For many first-home buyers, young professionals, families waiting for the right school zone timing, and new migrants, this approach provides an achievable entry point to the property ladder. While there are important considerations – managing both rent and mortgage payments, understanding investment loan structures, tax implications, and landlord responsibilities – many find the benefits outweigh these challenges. I've seen this strategy transform the financial trajectory for clients who thought homeownership was years away. One professional Wellington couple, frustrated by local prices, purchased a modern, tenanted townhouse in Whanganui while continuing to rent in the capital. Today, they're building equity and planning their second investment property. Remember, renting isn't "throwing money away" if you're using that time to grow your wealth elsewhere. Curious if this could work for you? Let's run the numbers together and explore what's possible for your property journey. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

That Home Loan Hub

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Navigating Co-Ownership: The Ins and Outs of Buying Property with Others 4:08

منذ 12 يومًا4:08

4:08

The property ladder feels impossibly steep for many Kiwis, but what if you didn't have to climb it alone? We explore the increasingly popular strategy of buying property with friends or family – a potential shortcut to homeownership that comes with both opportunities and risks. Pooling resources can transform the impossible into the achievable. By combining deposits, incomes, and sharing ongoing costs, co-ownership might just be your ticket onto the property ladder years ahead of schedule. But as we unpack in this episode, money changes relationships, and clarity becomes the ultimate form of kindness when property and friendship mix. We dive deep into the critical elements of successful co-ownership: choosing between joint tenancy and tenants in common, crafting a comprehensive co-ownership agreement that addresses everything from routine expenses to major renovations, and understanding the sobering reality that banks view co-owners as a package deal – your friend's financial history becomes yours too. Through a real-life success story of Wellington friends who navigated co-ownership correctly, we highlight how proper planning transformed potential conflict into a stepping stone toward building a property portfolio. Perhaps most importantly, we emphasize the necessity of planning your exit strategy before you enter. Life circumstances change – marriages, relocations, career shifts – and having clear provisions for valuation, buyout options, and conflict resolution protects both your investment and your relationships. Ready to explore whether property co-ownership might work for you? Listen now, then share with someone you might consider buying with – it could be the conversation that changes both your financial futures. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

That Home Loan Hub

1
No Means "Not This Way": A Mortgage Advisor's Guide to Rejection 3:53

منذ 13 يومًا3:53

3:53

Receiving that dreaded home loan rejection can feel like the end of your homeownership dream, but take heart—it's actually just a detour on your journey. This episode dives deep into the realities of loan application declines and offers a roadmap to navigate beyond that initial "no." We explore the most common reasons banks decline applications—from credit history issues and income instability to existing debt burdens (yes, even those unused credit cards count against you!) and insufficient deposits. You'll learn why panicking and applying to multiple lenders afterwards is one of the worst moves you can make, and what strategic steps will actually improve your position. The value of working with a mortgage advisor goes far beyond finding better interest rates. I share how we develop personalised strategies based on your unique circumstances, identify lender flexibility, and create actionable plans that transform rejections into approvals. I'll tell you about Maria, a single mum running her own business who went from major bank rejection to homeowner in just four months through strategic planning and finding the right lender match. Remember, a banking "no" is simply a signal that you need a different approach—it's never a final verdict on your homeownership dreams. If your application was declined, don't carry that burden alone. Subscribe to The Home Loan Hub for more insights, and reach out if you need guidance turning your mortgage rejection into approval. Your future home is still waiting for you. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

That Home Loan Hub

1
Don't Panic: Your Complete Guide to Mortgage Decisions in 2025 6:21

منذ 17 يومًا6:21

6:21

Navigating your mortgage refix in 2025 doesn't have to be overwhelming. This expanded episode dives deeper into strategic approaches that could save you thousands, following up on our popular checklist episode that prompted numerous listener questions. Timing is everything when it comes to mortgage decisions. Discovering your fixed term end date too late can mean automatically rolling onto high floating rates around 8%, costing hundreds extra per fortnight. Give yourself 6-8 weeks before your expiry date to explore options properly. And here's something crucial to remember: your bank's default refix offer is rarely their best. Those who negotiate—or have a mortgage advisor negotiate for them—often secure better rates that banks don't advertise upfront. With economists predicting gradual rate decreases, many homeowners are rethinking traditional approaches. Rather than locking in long-term fixed rates at potentially market peaks, more clients are choosing shorter one or two-year terms to maintain flexibility. A particularly effective strategy is splitting your mortgage across different fixed periods—like fixing half for one year and half for two years. This creates a hedging effect, reducing your risk exposure while allowing you to respond more nimbly to market changes. It's a sophisticated approach your bank likely won't suggest unprompted. Before making any decisions, run through our comprehensive checklist: assess your current financial situation and upcoming expenses, ensure you have an emergency buffer, consider major life changes on the horizon, compare offers across lenders, and honestly evaluate your risk comfort level. Your mortgage is likely your biggest financial commitment—it deserves careful consideration rather than a fear-based, one-click decision. Need personalized guidance? Message us for our free printable checklist or join our fortnightly Thursday webinars by commenting "webinar" for the link. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

That Home Loan Hub

1
The Essential Mortgage Refix Checklist for 2025: What You Need to Know Before Your Rate Expires 3:36

منذ 18 يومًا3:36

3:36

Refixing your mortgage might seem like a mundane financial task, but it's actually one of the most critical moments in your homeownership journey. A well-planned refix strategy can save you thousands of dollars and provide the flexibility you need for future goals. Our 2025 Mortgage Refix Checklist breaks down everything you need to consider before signing on the dotted line. We start with the basics – knowing your current fixed term end date and understanding potential break fees – then dive deeper into how your current financial situation should influence your decision-making process. Has your income changed? Are major expenses on the horizon? Do you have adequate emergency savings? These factors significantly impact which mortgage structure will serve you best. Beyond just comparing interest rates, we explain the strategic advantages of splitting your loan across different terms and how to negotiate with your bank for better deals. Most homeowners don't realize banks rarely offer their best rates upfront! We share insider tips on asking for cashbacks, fee waivers, and rate discounts that could substantially reduce your overall costs. Plus, we highlight the importance of aligning your mortgage decisions with future plans like selling or refinancing to avoid costly break fees. Think of mortgage refixing as giving your finances a Warrant of Fitness – it's the perfect opportunity to review not just your home loan but your entire financial picture including insurances and KiwiSaver. Want a copy of our comprehensive checklist? Reach out or comment, and don't forget to join our fortnightly Thursday webinars for more valuable financial insights that put you in control of your money. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

That Home Loan Hub

1
NZ Property Market 2025: Stabilization After the Storm 3:50

منذ 19 يومًا3:50

3:50

Are Kiwi house prices finally turning a corner in 2025? After weathering an 18% decline from the 2021 peak, the market is showing tentative signs of stabilization with national average prices inching up 0.2% to $903,000. But does this modest growth signal a recovery worth betting on? The regional story reveals fascinating contrasts across New Zealand. Auckland values slipped 0.1% to $1.2 million – welcome news for potential buyers but concerning for homeowners hoping for capital gains. Meanwhile, Queenstown prices remain stratospheric at $1.81 million despite a slight dip, highlighting how location continues to dictate market dynamics. These variations emphasize why understanding your local market is crucial before making property decisions. What's driving these changes? Major financial institutions are cautiously optimistic, with forecasts ranging from ASB's bullish 9.4% growth prediction to the Reserve Bank's more conservative 3.79%. Interest rate cuts (down 175 basis points since August) are providing breathing room for borrowers, though housing affordability remains a significant hurdle for many Kiwis. The persistent housing shortage continues to prop up prices despite economic headwinds. For potential buyers weighing their options, this could represent an opportunity – if you're financially prepared and secure in your employment. Join us every fortnight for our webinar where we dive deeper into these trends and answer your pressing property questions. Your smart financial decisions start with staying informed. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

That Home Loan Hub

1
Beyond the Headlines: What Budget 2025 Means for Your Financial Future 3:53

منذ 20 يومًا3:53

3:53

The 2025 Budget has arrived in Aotearoa, and regardless of your political leanings, its implications for homeowners and prospective buyers deserve your attention. Moving beyond economic jargon, this episode delivers a practical breakdown of what Budget Week means for your mortgage, KiwiSaver, and home ownership dreams. We dive straight into the pressing question: will this budget make buying a home easier or harder in New Zealand? The answer hinges on several factors, particularly how the budget might influence interest rates. If government spending restraint helps cool inflation, the Reserve Bank might lower rates faster – good news if you're about to refix your mortgage or enter the market. Conversely, increased infrastructure spending could keep rates higher for longer, creating a very different scenario for buyers and homeowners alike. First-home buyers might feel overlooked in the current budget landscape. With the First-Home Grant discontinued last year and no adjustments to house price caps or KiwiSaver incentives, meaningful support for aspiring homeowners appears limited. Perhaps most fascinating is how budget announcements influence bank lending behavior beyond official interest rates. Strong government investment in jobs and income support could ease strict servicing criteria, while economic uncertainty typically results in tighter lending conditions – we've seen this pattern play out repeatedly in recent years. My advice for navigating post-budget realities: stay informed about upcoming OCR announcements, prepare your position if you're planning to buy (sort your deposit, clean up your credit, talk to an advisor), and focus on financial resilience if you already own. While this budget won't transform everything overnight, it establishes important precedents for the housing market. Subscribe to my fortnightly Thursday webinar where I'll continue unpacking how these economic shifts affect your property and financial goals! Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

That Home Loan Hub

1
Balancing Act: How a Lifestyle Property Sale Changed Everything 11:53

منذ 21 يومًا11:53

11:53

What happens when a mortgage advisor faces his own property and financing challenges? In this refreshingly honest conversation, James returns after a brief hiatus to share his journey of selling the lifestyle block he's called home for 20 years. The decision didn't come lightly. After two decades in the countryside, James found himself spending 20 hours weekly just driving, with endless property maintenance consuming his remaining free time. With growing clarity about his true priorities—building his mortgage advisory business and pursuing his passion for cycling—James recognized something had to change. The story unfolds as both a personal journey and a masterclass in modern property transitions. Despite being a mortgage professional himself, James encountered the very challenges many of his clients face: securing financing with commission-based income when traditional banks prove reluctant. His solution came through a second-tier lender offering a competitive interest-only loan that actually reduced his monthly payments while he establishes his commission income. Perhaps most remarkable was James's property preparation strategy. After tackling the daunting task of decluttering a home occupied for two decades (including renting storage for his "hoarder" wife's possessions), the house sold after just one open home—a testament to thoughtful presentation. "It's about making your weak points better, making it as clean and decluttered as possible, and then ensuring your key points are on show," James explains. Through this experience, James gained invaluable perspective that enhances his ability to guide clients through similar transitions. His journey reminds us that sometimes the greatest wealth comes from reclaiming your time and aligning your living situation with your true priorities. Have you ever considered how your current property fits your evolving life goals? Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

That Home Loan Hub

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From Financial Chaos to Homeownership: How Debt Consolidation Changed Everything 4:58

منذ 22 يومًا4:58

4:58

Financial magic happens when you look beyond the obvious. We've just transformed a young couple's future by saving them over $500 every month through strategic debt consolidation – an outcome that dramatically altered their homeownership possibilities. Most clients approach us thinking we exclusively handle mortgages, but our comprehensive financial approach means examining your entire financial picture. This couple had scattered debts across multiple lenders – personal loans with Avanti, car financing through MTF, and various credit cards – all with interest rates exceeding 20% in some cases. By consolidating everything into one manageable loan with an interest rate 9% lower than their previous arrangements, we not only simplified their financial landscape but created significant monthly savings. The magic truly revealed itself in the second stage of our process. That $500 monthly saving translated to approximately $100,000 in additional borrowing capacity for their home loan. Instead of settling for a $700,000 property 30 kilometres from their preferred location, they could now afford an $800,000 home in their desired school zone, close to work and community activities. This isn't just about numbers – it's about quality of life and making dreams accessible. If you're carrying personal loans, car loans, or credit card debt while aspiring to homeownership, join our free Thursday webinar where we'll demonstrate exactly how these savings translate to increased borrowing capacity. Comment "webinar" to receive the link and discover how debt consolidation might be the key to unlocking your dream home. Your financial breakthrough could be just one conversation away. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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From Offer to Acceptance: Understanding Live Deals in Home Buying 5:46

منذ 23 يومًا5:46

5:46

Navigating the property market as a first-time buyer can feel like learning a new language. One term you'll need to master quickly? "Live deals." Most major banks have implemented strict rules refusing pre-approval applications for buyers with less than 20% deposit, creating a challenging situation for many aspiring homeowners. The solution? Understanding how to create and leverage a live deal to get your mortgage application prioritised. We break down exactly what constitutes a live deal: a Sales and Purchase Agreement that's been signed by both you and the property vendor. This seemingly simple document transforms your theoretical interest into a time-sensitive transaction that banks take seriously. Once the vendor signs your offer, the countdown begins - typically giving you 10-15 working days to secure financing if you've included the crucial "subject to finance" condition. The value of working with a mortgage advisor early becomes clear as we explain how they can prepare your application to be "99% ready" before you even find a property. When you do find your potential home, they'll help navigate the offer process, highlight the urgency to banks, and potentially connect you with solicitors who'll review your first offers at no cost. For first-home buyers feeling overwhelmed by the current market, we've got you covered. Join our free First Home Buyer webinar this Thursday evening to ask your specific questions and learn more about the practical steps to homeownership. Comment "webinar" to receive the registration link and take your next step toward owning your first home in New Zealand. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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The 10-Day Wait: Is Working With a Mortgage Advisor Still Worth It? 9:54

منذ 24 يومًا9:54

9:54

The mortgage landscape is shifting dramatically with banks now challenging advisors on their traditional strengths of service and turnaround times. We dive into a fascinating case study of siblings buying identical properties – one going direct to a bank with same-day approval, the other using an advisor and waiting 10+ days for identical rates and cashback. This real-world example perfectly captures the current tension in the home loan market. Beneath this surface-level comparison lies a deeper story about value. While banks excel at processing standardised applications quickly, mortgage advisors provide a comprehensive service that extends far beyond a single transaction. Drawing on our combined experience from both sides of the industry (having worked in major banks and as independent advisors), we reveal what happens behind the scenes when working with an advisor – the multiple lender options considered, the personalised strategies developed, and the continuous professional development required to stay current with all lenders' criteria and products. The relationship factor proves especially crucial for first-time buyers and those planning to build a property portfolio. When clients need guidance at 9pm on a Sunday after viewing their dream home, or when they're looking to access special rates that could save thousands of dollars, the value of having a dedicated advisor becomes crystal clear. While banks operate within strict business hours with frequently changing staff, advisors build lasting relationships that span multiple property purchases over many years. For those weighing up which path to take, we're hosting a free webinar this Thursday specifically for first home buyers where we'll address these differences and share practical tips for getting onto the property ladder. Comment "webinar" to register and join us as we help demystify the home buying process and show you how to position yourself for success in today's competitive market. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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The $2,000 House-Hunting Mistake You're About to Make 7:31

منذ 25 يومًا7:31

7:31

Ever wondered why mortgage advisers caution against making cash offers? This candid conversation pulls back the curtain on a common property market misconception that can leave first-home buyers thousands of dollars out of pocket before they've even secured a property. We dive deep into what constitutes a "cash offer" - not literally paying cash, but making an unconditional offer with no contingencies. For first-home buyers with deposits under 20%, this approach carries significant hidden costs. Between registered valuations (up to $1,500) and legal due diligence fees, you could easily spend $2,000 before knowing if your offer will be accepted. Multiply that across several rejected offers, and you're looking at a substantial dent in your hard-saved deposit. But the risks extend beyond financial considerations. We explore the emotional investment that comes with property hunting - how buyers envision their future lives in potential homes, from raising children to planting gardens. This emotional attachment makes rejection even more painful when an unconditional offer isn't accepted. As we explain, our caution against cash offers isn't about being difficult - it's about protecting both your wallet and your heart during what's already a stressful journey. Knowledge truly is power in the property market. Whether you're a first-time buyer or looking to upgrade, understanding the implications of different offer strategies can save you thousands and prevent unnecessary heartache. Want more insights? We're running a free webinar this Thursday packed with essential tips and tricks. Comment "webinar" for your invitation link and take the next step toward making informed property decisions that work for your unique situation. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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AI Revolutionizing Insurance with Panos Leledakis 37:26

منذ 26 يومًا37:26

37:26

Prepare to have your mind blown as we dive into the cutting-edge world of AI with tech visionary Panos Leledakis. From humble beginnings in Greece to winning 11 Global Innovation Awards from MIT, Panos shares his extraordinary journey and reveals how artificial intelligence is revolutionizing the insurance and financial advice industries. "AI can do everything if you know how to use it," Panos explains, demonstrating jaw-dropping applications that sound like science fiction but exist today. Imagine creating your own digital clone to conduct client meetings while you're elsewhere, or showing clients aged versions of themselves either thanking or blaming their present selves for financial decisions made today. These aren't future possibilities—they're tools Panos uses right now to transform client experiences. What makes this conversation particularly valuable is Panos's practical approach. He doesn't just theorize about AI; he shares specific tools like Heygen, 11 Labs, FaceApp, and ChatGPT's voice mode that advisors can implement immediately. His three-pillar methodology combining risk management science, neuroscience, and technology offers a blueprint for transforming traditional sales-focused advice into true consultation that resonates with clients on a deeper level. While acknowledging concerns about job displacement, Panos offers a refreshingly positive perspective: "Adapt and fly." He believes AI will create more jobs than it eliminates and will free advisors from mundane tasks so they can focus on meaningful human connections. The key differentiator will be creativity—the ability to generate truly new knowledge, which AI cannot yet replicate. Whether you're an early adopter eager to push boundaries or feeling anxious about technological change, this episode provides both inspiration and practical guidance for navigating the AI revolution. Listen now to discover how embracing these powerful tools can make you more efficient, create unforgettable client experiences, and ultimately bring more joy to both your professional and personal life. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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The Ripple Effect: When Workplaces Invest in Physical Wellbeing 18:20

منذ 27 يومًا18:20

18:20

The secret to workplace wellness isn't complicated, but it is revolutionary. Meet Isaac King, a personal trainer with 20 years of experience who's transforming New Zealand workplaces by focusing on what truly matters—the physical wellbeing of employees as the foundation for mental health, productivity, and community strength. Throughout our conversation, Isaac reveals how modern workplace stressors take a devastating mental toll, particularly when employees lack physical outlets for stress release. His innovative approach creates small-group fitness programs within companies that simultaneously address chronic pain, build team culture, and educate participants about their bodies. The results speak volumes: happier, more productive employees who bring that positive energy home to their families, creating a ripple effect of wellness throughout entire communities. What makes Isaac's perspective particularly valuable is his unwavering focus on the "why" behind fitness. He's observed that outward-looking motivations—being healthier for your children, partner, or workplace—create lasting commitment compared to purely self-focused goals. This mirrors his own business philosophy of continuous improvement and pouring quality into existing relationships rather than endlessly chasing new clients. As Isaac puts it, "Don't just feed them fish. Teach them how to fish." Whether you're an employer wondering how to boost team productivity, an employee struggling with workplace stress, or simply someone curious about sustainable approaches to wellness, this episode offers practical wisdom you can implement immediately. Isaac's three simple tips—find enjoyable physical activities, develop accountability through community, and continuously learn about health—provide a roadmap anyone can follow. Ready to revolutionize your workplace wellness approach? Listen now and discover how physical movement might be the missing piece in your productivity puzzle. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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From Survival Mode to Creating Generational Wealth 41:45

منذ 29 يومًا41:45

41:45

A chance conversation over coffee sparked something magical – the realization that wellness and wealth are not separate paths but beautifully intertwined journeys. Kimmy Tasker, co-founder of Retreat Yourself NZ, shares her remarkable journey from teaching yoga in London's exclusive clubs to facilitating transformative retreats across the globe. What happens when you blend financial wisdom with spiritual wellness? As Kimmy reveals the evolution of her international retreat career, she and Zeba explore the revolutionary concept of their upcoming Limitless Living retreat in Fiji. This isn't just another wellness getaway – it's a profound opportunity to transform your relationship with abundance while reconnecting with your authentic self. The conversation delves into how scarcity thinking keeps us trapped in cycles that don't serve us, while an abundance mindset opens doors to possibilities we can't yet imagine. Through personal stories of overcoming financial hardship and building legacies from scratch, Kimmy and Zeba demonstrate that financial freedom isn't just about money – it's about aligning your energy with your highest purpose. Most relationships struggle or fail because partners lack a common financial language. On this private island retreat, couples and individuals alike will discover how to communicate about money effectively, reset their energetic relationship with wealth, and return home with practical tools for creating lasting abundance. Plus, participants receive three months of follow-up support to implement their insights. Ready to step away from the daily grind, slow down time, and see the complete picture of your financial potential? Learn more about the Limitless Living retreat happening October 24-29, 2023, and discover how combining yoga, meditation, and financial wisdom can transform your relationship with abundance forever. https://www.retreatyourself.nz/ Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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Your Home Journey Should Never Be Stressful: Kim Tasker's Fresh Perspective 21:57

منذ 5 weeks21:57

21:57

What happens when global experience meets local real estate knowledge? Kimi Tasker of Team Vida Harcourts brings exactly this perspective to the Kapiti Coast property market. Having managed exclusive resorts and sold real estate in Nicaragua before political unrest forced a dramatic change of plans, Kimi's journey eventually led her back to New Zealand where she's now helping buyers and sellers navigate their own property transitions. "Our job is just helping people move on," Kimi explains, capturing the essence of what makes a genuine real estate professional. Whether clients are downsizing, expanding their families, or making any major life transition, Kimi approaches each situation with the calm perspective that comes from having weathered significant pivots herself. This translates into practical advice for today's buyers: get pre-approved financing, know your priorities, but stay open to possibilities that might not initially tick all your boxes. What truly sets Kimi's approach apart is her ability to see value where others might miss it. She encourages buyers to look beyond cosmetic issues and consider strategic improvements, including the often-overlooked value of mature trees and garden potential. "Think about what value a great, big, huge native tree or fruit tree brings to your property," she advises, noting that passion fruit currently sells for $49.99 per kilogram! For investors, she recommends seeking "pearlers" (hidden gems) in unexpected places, particularly areas with new business developments that might drive future growth. Whether you're buying your first home or expanding your investment portfolio, Kimi's fresh perspective reminds us that removing limiting beliefs and staying open to possibilities is key to success in today's property market. Subscribe to hear more unique perspectives on property, finance and lifestyle from those who've lived remarkable journeys and returned with wisdom to share! Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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How We Helped 11 Families Secure $5 Million in Home Loans This Month 9:46

منذ 5 weeks9:46

9:46

Celebrating mortgage success! Our team has just wrapped up a remarkable April, helping 11 families secure their property dreams with over $5 million in approved home loans. Half of these were first-home buyers taking their inaugural steps onto the property ladder, while 30% were savvy homeowners refinancing for better deals or to fund green home improvements. What makes these successes particularly meaningful are the obstacles we helped clients overcome. Three families who'd been rejected by mainstream banks due to gambling transactions or credit challenges found pathways through second-tier lenders, securing rates around 7.99% – rates that were standard at main banks just last year. For one couple, this meant purchasing their dream home near family who could help with childcare while they rebuild their credit profile. Another family with five children finally secured their own home after years of renting, despite past financial difficulties during periods of unemployment. We also assisted investors capitalizing on market opportunities, like a Christchurch couple who benefited from an oversupply of new builds where builders were cutting prices to move properties. Green home loans provided another avenue of success, with several homeowners accessing specialized financing at 0-1% interest rates for sustainable upgrades like improved insulation, window replacements, and solar panel installations. Even those without substantial equity found opportunities through these programs. The mortgage landscape continues to offer possibilities for those who know where to look. May already promises to match April's success with another 11 families in the pipeline. Whether you're battling credit issues, seeking investment opportunities, or wondering if eco-friendly renovations are within reach, a conversation costs nothing but could change everything. Reach out for a free consultation and discover what's possible for your unique situation – your property dreams may be closer than you think. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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The Hidden Dangers of Unconditional Property Offers 8:47

منذ 5 weeks8:47

8:47

The property market is heating up again. Interest rates are dropping, first-time buyers are returning with renewed confidence, and real estate agents are fielding more inquiries. But with this renewed activity comes a concerning trend: buyers being pressured to submit unconditional cash offers to "win" properties. This risky approach to property purchasing deserves closer examination. Making a cash offer essentially means you're locked in - comparable to clicking "buy now" on Trade Me. There's no backing out once committed, even if serious issues emerge with the property. While you might have finance pre-approved, you still need insurance approval, builder's reports, LIM checks, and other critical due diligence steps that shouldn't be rushed or skipped entirely. We believe strongly in protecting our clients from unnecessary risk. One of our guiding principles is simple but powerful: "Don't let the agent's urgency become your urgency." Buying a property is one of life's biggest financial decisions - sometimes even more permanent than marriage! Taking the time to properly investigate a property isn't just prudent; it's essential for your financial wellbeing. We share strategies for navigating auctions effectively, including making post-auction offers and having all your "ducks in a row" before considering unconditional offers. For those determined to make cash offers competitive, we recommend allowing at least ten days for thorough due diligence. Want to learn more about protecting yourself while still being competitive in today's market? Listen now, share your experiences with unconditional offers, and remember to check out our previous episode about going unconditional for even more insights on navigating the property market safely and successfully. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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1
KiwiSaver Drops: What First Home Buyers Need to Know 5:38

منذ 5 weeks5:38

5:38

The KiwiSaver rollercoaster has been particularly steep lately, leaving many first-time home buyers in a precarious position. We're seeing clients lose thousands from their house deposits virtually overnight – one buyer recently watched $5,000 vanish from their KiwiSaver just between loan application and settlement! What can you do if you're caught in this situation? First, review which fund your KiwiSaver is invested in immediately. If you're planning to buy within the next year, conservative or balanced funds typically make more sense than aggressive growth options. Many first-home buyers don't realise they can withdraw their KiwiSaver early through their solicitor, who provides an undertaking to hold funds in their trust account – effectively locking in your current value and preventing further losses before settlement. While market drops create headaches for imminent buyers, there's a silver lining for long-term investors: your regular contributions are now purchasing units at discounted prices – like buying shares on sale! For those years away from needing their KiwiSaver funds, staying calm and continuing regular contributions often makes the most sense, as markets historically recover given enough time. Remember though, everyone's situation is unique, so connecting with qualified KiwiSaver advisors is crucial for personalised advice. Need help navigating these choppy waters? Reach out today and we'll connect you with professionals who can provide the specific guidance you need for your first home journey. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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Beyond Settlement: Navigating Your First Year as a Homeowner 10:35

منذ 8 weeks10:35

10:35

What happens after you've settled on your dream home? The journey doesn't end when you get the keys - that's just the beginning of a whole new chapter in your homeowner story. Most new homeowners don't realize that the cashback they received from their bank comes with strings attached. For typically three years after settlement, switching lenders means repaying that welcome bonus you received. We break down why hasty bank-hopping could cost you more than you think when weighing up lawyer fees against potential benefits. Your mortgage advisor shouldn't disappear after settlement day. We recommend scheduling a check-in six to twelve months later to review your loan structure and ensure everything's working as planned. By this point, you've settled into your new normal - you understand your budget, council rates, insurance costs, and household expenses. This makes it the perfect time to develop strategies for paying down your loan faster and potentially exploring your next property move. For new build owners, we highlight the importance of understanding your warranty coverage - usually a 10-year Master Build guarantee that can save you significant headache and expense when things go wrong. We share a cautionary tale about burst pipes, insurance excesses, and the stark difference between new builds with warranties versus older homes where you're on your own after purchase. The relationship with your mortgage advisor should be ongoing rather than transactional. Though we try to maintain regular contact with all clients, we're honest about sometimes dropping the ball in follow-ups. Don't hesitate to reach out if you haven't heard from us - we're always here to help navigate your ongoing mortgage journey and remember your unique situation in ways that big banks simply can't. Ready to revisit your mortgage structure or discuss your next property move? Get in touch today to ensure your homeownership journey stays on the optimal path for your financial future. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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Preparing for the Big Move: What Happens Between Going Unconditional and Settlement Day 17:09

منذ 8 weeks17:09

17:09

From the moment your offer goes unconditional to the day you receive your keys, there's a crucial window of opportunity to make decisions that will shape your homeownership journey for years to come. This eye-opening episode pulls back the curtain on what happens after the excitement of having your offer accepted, revealing the essential steps that many first-time buyers overlook. We dive deep into the art of structuring your mortgage to fit your unique life circumstances. Should you fix for six months or five years? How can aligning your payment cycle with your payday save your credit score? And why does paying weekly rather than monthly help you chip away at your principal faster? These seemingly small decisions can save you thousands over the life of your loan. Perhaps most powerfully, we share personal stories about the importance of protecting your new investment with appropriate insurance. When one of us lost her father at a young age, her mother had to work three jobs while grieving because there was no financial safety net. This raw, honest conversation highlights why "relying on Give a Little pages is just not good enough" when it comes to securing your family's future. The episode is packed with practical wisdom you won't find in typical homebuying guides: arranging utilities before you move (avoiding the cold shower on moving day!), planning your final inspection, organizing free moving boxes, and the four-box method for efficiently sorting your belongings. Whether you're weeks away from settlement or just beginning your homebuying journey, these insights will help you navigate the process with confidence and foresight. Ready to turn your house into a home without the stress? Listen now, and don't forget to share your own settlement day stories with us online. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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From Pre-Approval to Property Ownership: Understanding the Unconditional Phase 8:30

منذ 8 weeks8:30

8:30

Navigating the property purchase journey involves critical moments that can make or break your homeownership dreams. The moment your offer goes "unconditional" represents one of the most significant commitments you'll make in the process—yet many buyers remain confused about what this actually means. We unpack the crucial distinction between going unconditional and settlement day. Think of unconditional status as your engagement—you've made a serious commitment and legally bound yourself to the purchase, but you haven't yet gotten the keys or moved in. This distinction frequently creates confusion among first-time buyers who don't understand why they're celebrating a purchase they can't yet access. The stakes at this stage couldn't be higher. Once unconditional, backing out means facing potentially severe financial penalties. We share real-world scenarios where circumstances forced buyers to reconsider after going unconditional—resulting in significant financial losses. This isn't meant to frighten you but to emphasize the gravity of this commitment. Practical considerations abound during this phase. Your deposit payment comes due within 24 hours, requiring careful financial planning. If you're using KiwiSaver funds, timing becomes critical as withdrawals take ten working days to process. Similarly, coordinating the end of rental agreements requires foresight to avoid the financial strain of paying both rent and a mortgage simultaneously. We also emphasize the absolute necessity of conducting final property inspections before going unconditional—sharing cautionary tales of flooded properties and tenant damages that have derailed purchases at the eleventh hour. Our insider knowledge helps you navigate potential roadblocks, including how to properly request extensions if bank approvals or other requirements are delayed. These insights come from years of helping buyers through exactly the stressful scenarios most guides never mention. Listen now to ensure your journey from pre-approval to property ownership proceeds with confidence rather than confusion. Your dream home awaits, and understanding the unconditional phase is your key to claiming it without costly missteps. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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What Nobody Tells You About Making an Offer on Your Dream Home 11:02

منذ 8 weeks11:02

11:02

Found a house you love but not sure what happens next? The excitement of house hunting can quickly turn to confusion when it's time to make an offer. In this practical episode, we demystify the crucial steps between getting pre-approval and making an offer on your dream home. House hunting should be fun, not stressful! We share actionable tips to streamline your property search, from creating a prioritized checklist of must-haves versus compromises to leveraging websites like Trade Me and building relationships with flexible real estate agents who can accommodate your schedule. Can't make that Sunday open home? Don't worry - we explain how agents can often arrange private viewings that work around your availability. The offer process itself comes with potential pitfalls that can trip up even the most prepared buyers. We reveal one of the most overlooked yet critical errors people make when signing sales and purchase agreements - dating the document before vendors sign! This simple mistake could cost you valuable days on your finance conditions. Plus, we explore the complexities of using KiwiSaver for deposits (not all lawyers handle this the same way), how to choose the right property lawyer, and what happens when your offer is accepted and moves to conditional approval. Ready to navigate the property market with confidence? Listen now, and be sure to stay tuned for our next episode where we'll explain what happens after your conditions are met and you go unconditional on your property purchase. Want our comprehensive house buying guide? Reach out directly and we'll send it your way! Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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1
From Pre-Approval to Property Purchase 8:57

منذ 9 weeks8:57

8:57

Stepping into the mortgage pre-approval process can feel like navigating a maze without a map. What exactly happens after you receive that coveted pre-approval letter from your bank? This episode demystifies the journey between pre-approval and property purchase, breaking down the crucial conditions you'll need to satisfy. We tackle one of the biggest misconceptions first-home buyers face – how to evidence your deposit. For those relying on KiwiSaver withdrawals, there's good news: you don't need to wait until finding a property to get your withdrawal letter! Simply contact your provider directly to start this process. We also explore the ins and outs of registered valuations, explaining why these should only be ordered after your offer is accepted (saving you unnecessary expenses along the way). Diving deeper into pre-approval conditions, we unpack income verification requirements for both employed and self-employed buyers, the proper way to close existing debts (hint: cutting up credit cards isn't enough), and the increasingly important role of insurance in the approval process. For single buyers planning to have flatmates help with mortgage payments, we explain the border declaration requirements you'll need to satisfy. We also highlight special considerations for properties with monolithic cladding and those in flood-prone areas – crucial knowledge in today's climate-conscious property market. Whether you're a first-time buyer or returning to the market after years away, understanding these pre-approval conditions puts you in the driver's seat of your property journey. Armed with this knowledge, you'll be better prepared to meet bank requirements efficiently and move confidently toward making an offer on your dream home. Ready to take the next step? Stay tuned for our upcoming episode where we'll walk through exactly what to do when you find a property and how to structure your offer for success. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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1
First Home Buyers Guide: Navigating the Pre-Approval Process 5:42

منذ 9 weeks5:42

5:42

Ready to step onto the property ladder? Our latest episode demystifies the first critical step every aspiring homeowner needs to understand: pre-approval. As we've seen a surge in first-home buyer inquiries, we're breaking down the entire home purchasing journey into digestible episodes, starting with the foundations. Pre-approval isn't just paperwork—it's your financial compass for the house hunting process. We explain exactly what information lenders examine, from income and savings to expenses and employment status. We distinguish between pre-assessment (your initial consultation with an advisor) and formal pre-approval (the bank's conditional lending commitment), clarifying how each stage guides your home buying journey. The power of proper preparation became evident with recent clients who progressed from their initial advisor meeting to viewing properties within just two hours! This illustrates the confidence and clarity that comes with understanding your financial position. We also share an unexpected insight many first-time buyers experience—the emotional shock when they realize their homeownership dreams are genuinely achievable. While pre-approvals typically last 60-90 days (with extension options), knowing your numbers transforms your property search from wishful browsing to purposeful hunting. Construction loans follow a different pathway, which we'll address in a dedicated future episode. Join us next time as we continue the journey, exploring what happens after securing your pre-approval and how to navigate the next exciting steps toward homeownership. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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Closing the Gender Gap in Financial Advice 14:30

منذ 9 weeks14:30

14:30

A startling revelation emerged from my trip to the Financial Advisor New Zealand conference in Christchurch – most Kiwis aren't getting professional financial advice. While our counterparts in Australia, the UK, and Canada regularly seek financial guidance, New Zealanders tend to rely on casual advice from "Uncle Bob at the barbecue" or friends at sporting events. This knowledge gap becomes particularly concerning as baby boomers prepare to transfer substantial wealth to younger generations who may lack the financial literacy to manage it effectively. The conference spotlighted a fascinating gender imbalance in our industry. Not only are women underrepresented as financial advisors, but they're also less likely to seek professional financial guidance. This disparity creates a troubling dynamic, especially considering that when parents age or face health challenges, it's typically the oldest daughter who takes responsibility for managing their finances – often without having the necessary experience or knowledge. As a passionate advocate for women in finance, I had the honor of hosting a women in financial advice breakfast attended by over 80 people, where we explored how to address both sides of this equation: bringing more women into the profession while encouraging more women to seek financial guidance. Connecting with industry leaders was a conference highlight, from spending time with powerhouse keynote speaker Vanessa Stoikov to sitting alongside legends like Naomi Ballantyne, who built and sold two insurance companies. We explored cutting-edge AI developments in financial services and discussed navigating economic uncertainties with a focus on "controlling the controllable." The energy and insights were so valuable that our entire team will be attending next year's Auckland conference. If you're thinking about your financial future or wondering how to make the most of potential inheritances, reaching out to a professional advisor could be the most important step you take. Financial literacy isn't just about managing money – it's about creating security, opportunity, and legacy for generations to come. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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The OCR Outlook: April 2025 Predictions and Impacts 4:05

منذ 9 weeks4:05

4:05

Mortgage relief or savings squeeze? The April 9th OCR announcement looms large with significant implications for Kiwi households. We're predicting a modest 0.25% drop, which could provide welcome breathing room for the mortgage holders currently floating and waiting for the right moment to fix. The impact of this anticipated change cuts both ways across our economy. While homeowners might celebrate potential mortgage relief, we unpack the challenging reality for retirees and others dependent on interest income from savings. With banks already offering two-year fixed rates at 4.99%, we examine whether now might be the time to lock in your mortgage. Real estate dynamics are shifting as well, with increased activity among both first-home buyers and investors despite ongoing economic uncertainties. For many families, any financial relief from lower mortgage payments must be balanced against the rising costs of rates, power, and insurance. This delicate economic equilibrium affects nearly every household in different ways. Whether you're looking to get on the property ladder, managing existing mortgage commitments, or planning your retirement investments, understanding these OCR implications is crucial. Listen now for our complete analysis and predictions on how this announcement might affect your financial situation in 2025 and beyond. What financial moves will you make in response to the changing economic landscape? Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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A 1% Interest Rate Could Transform Your Home and Transport 4:17

منذ 9 weeks4:17

4:17

Ready to make your home more energy efficient or purchase an electric vehicle without the financial strain? Our latest conversation dives into the world of green loans – a game-changing financial option that's flying under the radar for many Kiwis. We explore how these specialized loans offer dramatically reduced interest rates – as low as 0-1% compared to standard 5-5% loans – making environmentally friendly choices much more accessible. From solar panels and batteries to heat pumps, insulation, water tanks, and double-glazed windows, green loans cover a surprising range of home improvements. For those in the market for cleaner transportation, these loans extend to electric vehicles and even electric bicycles. The application process couldn't be simpler. You'll need a quote from an authorized provider, but most banks charge no application fees, and the approval process mirrors a standard home loan top-up. Once approved, you typically have three months to use the funds (with possible extensions), provided you have sufficient equity in your home to secure the loan. With winter approaching and power bills set to rise, timing couldn't be better to consider these energy-efficient upgrades. Perhaps most compelling is the urgency factor – these exceptional rates could disappear from the market at any moment. If you've been contemplating solar energy, an EV, or upgrading your home's efficiency, now might be the perfect time to speak with your financial advisor about green loan options. Could this be the financial opportunity that helps both your wallet and the planet? Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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200 Families and $70 Million: Our Year of Mortgage Success 3:00

منذ 9 weeks3:00

3:00

Wrapping up the financial year with tremendous gratitude and celebration! Join us as we reflect on a year of remarkable achievements and growth for our mortgage advisory team. The numbers tell an inspiring story: over 200 families have found their pathway to homeownership through our services, with more than $70 million in loans settled despite many being cases that other advisors or banks had previously declined. What truly sets our approach apart is our willingness to tackle the challenging scenarios. When clients hear "no" elsewhere, they come to us for creative solutions and dedicated advocacy. This commitment to finding possibilities where others see roadblocks has become our hallmark, allowing hundreds of families to move forward with their financial goals and dreams. Our team has grown alongside our client base, welcoming new advisors James and Kunj, whose expertise you've been enjoying through recent podcast episodes. Their contributions have enhanced our ability to serve a broader range of client needs with specialized knowledge. We're equally grateful to our network of lending partners—both mainstream banks and specialized lenders—who collaborate with us to make the seemingly impossible happen. Our insurance services have also provided crucial protection for clients' assets and wellbeing, including successfully settled claims during difficult periods. Looking toward the future, we remain committed to helping more families achieve financial stability and success. Thank you for being part of this journey with us—here's to another year of turning financial challenges into opportunities! Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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Second Chance KiwiSaver 5:18

منذ 9 weeks5:18

5:18

Discover the untapped potential of Second Chance KiwiSaver – a lifeline for Kiwis who've previously used their KiwiSaver for a home purchase but had to sell due to circumstances beyond their control. We dive deep into how this program works and who qualifies, with a focus on real-world application. The heart of this episode is an inspiring success story about a couple in their late fifties who had given up hope of ever owning a home again after bankruptcy seven years ago. Despite their challenges, they continued contributing to their KiwiSaver accounts, unknowingly building a pathway back to homeownership. Their journey highlights that it's never too late to start over, and financial setbacks don't have to be permanent. We walk through the application process step-by-step, explaining how Kāinga Ora assesses eligibility and provides approval letters that remain valid for six months. Learn what documentation you'll need, how to approach your KiwiSaver provider, and what to expect when working with mortgage advisors after approval. This information is crucial for anyone who has faced divorce, bankruptcy, or financial hardship that resulted in selling their first home. The key takeaway? Don't give up on homeownership if you've had setbacks. Second Chance KiwiSaver might be your path forward, and continuing to contribute to your KiwiSaver is vital regardless of your current housing situation. Share this episode with anyone you know who might benefit from this lesser-known opportunity – you might just change someone's life. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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The Truth About Bank Cashbacks: What $20,000 Really Means 5:56

منذ 10 weeks5:56

5:56

The highly publicized "cashback wars" between banks have many Kiwi homeowners wondering how to claim their share of advertised $20,000 incentives. But what's the real story behind these attention-grabbing headlines? We break down exactly how mortgage cashbacks work, revealing the often-overlooked mathematics behind these offers. While $20,000 sounds incredible, this would require borrowing over $2 million, as cashbacks typically represent just 0.8-0.9% of your total loan amount. For the average New Zealand mortgage of around $500,000, a more realistic expectation would be approximately $4,500. Beyond the dollar figures, we explore the crucial fine print that accompanies these offers. Most banks require you to remain with them for three years after receiving a cashback, with pro-rata clawback conditions if you leave early. We also discuss the lesser-known concept of cash retention, where your existing bank might offer financial incentives to prevent you from refinancing elsewhere. Making the right decision requires careful consideration of multiple factors: potential cashbacks, legal costs, break fees for existing fixed loans, and possible retention offers from your current lender. Rather than being swayed by headline figures, it's worth consulting with a mortgage advisor who can calculate whether staying or moving makes more financial sense for your specific situation. Have questions about whether a cashback offer might benefit your mortgage situation? Reach out to discuss your options and determine if the timing is right to take advantage of the current competitive banking environment. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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The Forgotten Wisdom of Kiyosaki: Why Your Income Source Matters More Than Its Size 6:42

منذ 10 weeks6:42

6:42

A forgotten classic is making a comeback. Robert Kiyosaki's Cashflow Quadrant - the framework that revolutionized how a generation viewed wealth creation - remains as relevant today as it was 25 years ago when it first captivated eager minds seeking financial independence. James Shears breaks down this powerful concept with crystal clarity, explaining how income sources fall into four distinct categories: Employee, Self-Employed, Business Owner, and Investor. The left-side quadrants (Employee and Self-Employed) represent the traditional path where more money requires more time and effort. The right-side quadrants (Business Owner and Investor) represent financial freedom - where systems and investments generate income without your active involvement. For young professionals and first-home buyers in New Zealand, this episode offers practical stepping stones toward financial independence. KiwiSaver emerges as the perfect starting point, with its employer-matched contributions creating an instant "pay rise" while building investment capital. James explains how property investment provides another powerful path, with mortgage strategies that can save hundreds of thousands in interest while building equity for future investments. Self-employed listeners receive a crucial wake-up call about business value. If you "are the business," what happens when you're gone? The episode explores how to transition from self-employment to true business ownership by creating systems that function without your daily involvement - ensuring your hard work culminates in an asset with real market value rather than disappearing when you retire. Whether you're just starting your financial journey or looking to accelerate your path to independence, this timeless wisdom provides the roadmap. As James summarizes perfectly: "The sooner you get started, the better." Want to dive deeper? Google "Robert Kiyosaki Cashflow Quadrant" or pick up his legendary book "Rich Dad, Poor Dad" - still converting readers into investors after all these years. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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Breaking Down the Numbers: How Much You Really Need to Buy Property #2 6:21

منذ 10 weeks6:21

6:21

Dreaming of that second property purchase but unsure if your numbers add up? Our candid conversation tackles the often misunderstood relationship between property equity and income requirements that determines your true buying power. Through a practical example based in Waikanae, we dissect the crucial difference between perceived equity and usable equity – a distinction that catches many property owners by surprise. While that $400,000 in property equity might look impressive on paper, we reveal why banks might only consider $190,000 of it usable for your next purchase, and how this dramatically affects your options. Diving into the mathematics of mortgage servicing, we explore the five-times income rule that banks typically apply and demonstrate how rental income factors into your borrowing capacity (spoiler: it's not as straightforward as you might hope). For our example client with $80,000 income and a desire to purchase a $950,000 property while retaining their existing home as an investment, we calculate exactly what income level would be required to make this dream a reality. Whether you're asset-rich but cash-poor, or simply trying to understand what's realistically achievable with your current financial position, this episode provides the clarity needed to set meaningful medium-term property goals. Ready to understand your true property purchasing power? Listen now and transform how you think about equity, income, and strategic property planning. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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Unlocking Investment Capital: A Deep Dive with Southern Cross Partners 34:42

منذ 11 weeks34:42

34:42

Michael Tresch from Southern Cross Partners pulls back the curtain on how property investors can access capital when banks turn them away. With over two decades of experience in non-bank lending, Michael shares invaluable insights into an often-overlooked corner of New Zealand's property investment ecosystem. For anyone who's had a bank decline their investment property loan, this conversation reveals the alternative pathway that might just save your next deal. Michael explains how Southern Cross Partners provides short-term funding solutions (3-24 months) for everything from rental property purchases to spec builds, renovations, and commercial developments. Their sweet spot? Being the bridge that helps investors secure a property or complete a project before ultimately refinancing back to mainstream lenders. What sets them apart is their remarkable speed and flexibility. With loan approvals often completed within 12 hours and their ability to lend up to $5 million without rigid serviceability criteria, they're perfectly positioned to help investors who need to settle quickly. Michael shares multiple case studies – from offshore borrowers investing in New Zealand to developers who hit construction hurdles mid-project – demonstrating how their relationship-focused approach extends beyond just providing capital. The conversation delves into specific lending parameters (interest rates starting at 8.1%, fees from 1.25%, and LVRs up to 70%), current market trends, and critical advice for property investors considering short-term finance. Michael's candid discussion of projects that have faced challenges offers valuable lessons about realistic pricing expectations and the importance of thorough due diligence. Whether you're a seasoned property investor or considering your first development project, this episode provides rare insights into non-bank lending that could become your secret weapon in a competitive market. Ready to explore how alternative lending might accelerate your property investment journey? Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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1
Property Inheritance: First-Home Buyer Dilemmas 5:14

منذ 12 weeks5:14

5:14

Property inheritance creates a surprising legal maze that many first-time home buyers don't see coming until it's too late. We dive into a listener's real dilemma when Jackie discovered her carefully laid plans to use KiwiSaver for her first home purchase might be derailed after unexpectedly inheriting property. The moment your name appears on a property title—even through inheritance rather than purchase—your legal status shifts from first-time buyer to existing property owner. This seemingly small distinction carries significant consequences, potentially blocking access to KiwiSaver funds you've been counting on for your deposit. We've seen multiple cases where people discover this roadblock years after inheritance, creating devastating financial surprises at the worst possible moment. We explore practical solutions, including immediately consulting a solicitor when inheritance occurs, investigating second-chance KiwiSaver withdrawal options, and ensuring property titles are strategically arranged. The episode also unveils the hidden but crucial role lawyers play throughout property transactions—from reviewing purchase agreements to managing your KiwiSaver withdrawal (which you'll never actually see in your personal account) to ensuring you're registered on the correct property title. As one cautionary tale reveals, some homeowners have discovered decades later they've been paying for the wrong property due to title registration errors! Have questions about inheritance, KiwiSaver complications, or the role of solicitors in your property journey? Connect with us on Facebook, Instagram, YouTube or TikTok. Your questions inspire our content and help fellow Kiwis navigate these complex waters. Share this episode with anyone facing inheritance or planning their first home purchase—it might save them from unexpected complications. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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Khounch Cares Ep #5 - When parents put their home on the line, is it worth the risk? 4:09

منذ 12 weeks4:09

4:09

Navigating family financial relationships can be tricky, especially when it comes to helping children purchase their first homes. Our conversation with mortgage advisor Khounch dives deep into the modern reality of parent guarantors - a topic that affects thousands of families trying to help the next generation onto the property ladder. The guarantor landscape has changed dramatically. Gone are the days when parents could simply sign a form to help their children secure a mortgage. Today, becoming a guarantor means parents must undergo the same rigorous financial assessment as the primary borrowers. This creates particular challenges for the "asset-rich but cash-poor" parents who own homes but may have limited income in retirement. We explore how lenders evaluate guarantor applications and what documentation is required. Financial benefits for first-home buyers with guarantors are significant. Access to preferred interest rates without low equity penalties can save thousands over the life of a loan. However, these advantages come with substantial risks for parents. If children default on their mortgage payments, parents' homes could be at risk of forced sale. This delicate balance between providing family support and protecting parental financial security requires careful navigation and professional guidance. Whether you're considering becoming a guarantor, asking your parents for help, or exploring alternatives, our discussion provides essential insights to make informed decisions about this increasingly common financial arrangement. Have you experienced the guarantor process yourself? We'd love to hear your story - reach out on our social media channels to share your experience and join the conversation. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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James Shares Ep #5 - Beyond the Budget: The Gap Between Financial Knowledge and Real-World Results 8:23

منذ 12 weeks8:23

8:23

The gap between knowing about money and actually managing it well is wider than most people realize. In this enlightening conversation with financial expert James, we unpack the crucial difference between financial literacy and financial capability—a distinction that explains why even finance professionals sometimes struggle with their personal finances. Financial literacy encompasses understanding concepts like budgeting, investing, and interest rates. But financial capability goes deeper—it's about consistently applying that knowledge in real-world situations. As James explains, "You could be working in a bank for 20 years and still be spending more than you earn." This capability gap affects people at all income levels, from those struggling to save for their first home to high earners who somehow manage to spend more than their substantial salaries. For those looking to bridge this gap, we explore practical steps toward financial capability. We discuss valuable resources from New Zealand authors like Martin Hawes, Mary Holm, and Liz Coe who provide locally relevant financial perspectives. James emphasizes the importance of setting clear financial goals, creating a functional budget, and regularly reviewing expenses—particularly those sneaky subscription services that drain your finances without delivering value. We also explore how modern banking tools can simplify the budgeting process by automatically categorizing your spending and highlighting areas for improvement. Whether you're just starting your financial journey or looking to refine your approach to money management, this episode offers actionable insights to help transform financial knowledge into real-world results. Listen now to discover how you can move beyond financial literacy to true financial capability—and take control of your financial future. Send us a text Support the show Buy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72…

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