Bank Announces Changes to Loan-to-Value Ratio Requirements for Investment Properties

In a recent update, one of the main banks in New Zealand has made a significant adjustment to its loan-to-value ratio (LVR) requirements for residential investment lending. Effective from June 24,

Prioritising Insurance Cover Amidst the Rising Cost of Living

As the cost of living continues to rise, many of us are feeling the financial strain. With everyday expenses such as food, rent or mortgage payments, and more climbing higher, it’s no surprise

Navigating the End of the First Home Grant: Strategies for Increasing First Home Buyer Deposits

The recent announcement by Housing Minister, Chris Bishop, regarding the scrapping of the First Home Grant has significant implications for prospective first home buyers in New Zealand. This

How Proposed LVR Changes Could Help You Secure Your Dream Property

Are you thinking about buying your first home or investment property? Well, you could be in a stronger position to purchase because the Reverse Bank of New Zealand (RBNZ) has proposed easing

Time to say good buy? Fewer investors could be the key for first home buyers!

As experienced mortgage advisers, the team at O’Hagans understands that the New Zealand housing market can seem unpredictable! However, we’ve got good news for all the first home buyers