When building wealth through real estate investing, one of the most powerful tools is the equity in your current home. Leveraging home equity may allow you to invest in another property and effectively grow your investment portfolio. This guide will walk you through how to use equity to buy a
As a property investor looking to purchase an investment property in New Zealand, one of biggest questions you’ll face is: “How much deposit do I need?” The amount of deposit required can significantly impact your property investment journey, affecting everything from your borrowing capacity to the types of properties you
In a bold move to tackle housing issues, New Zealand’s government is paving the way for easier granny flat construction. These compact, self-contained homes, nestled on existing properties alongside the main house, are emerging as a key solution to the country’s housing crunch. Recent proposals from the Ministry of Business,
Are you wondering when you can use your KiwiSaver? Whether you’re planning to buy your first home or are facing significant financial hardship, there are specific circumstances under which you can access your savings. For instance, if you have been a member of KiwiSaver for at least three years, you
When you want your investments to align with your values, you might consider an ethical KiwiSaver fund. These funds avoid industries like weapons, fossil fuels, and animal testing and offer a way to invest responsibly without compromising potential returns. Despite being relatively new, ethical KiwiSaver funds have shown promising returns,
Are you thinking of moving across the ditch? Whether you’re a New Zealander moving back home after living in Australia or an Australian planning to retire in New Zealand, you can transfer Australian super to KiwiSaver. At OneStop Financial Solutions, our experienced KiwiSaver advisers understand the complexities and challenges of
Table of Contents If you’ve been contributing to your KiwiSaver over the last 3 years, then you may be eligible for a First Home Grant or First Home Loan with Kāinga Ora. Kāinga Ora is a crown entity set up under the Kāinga Ora Homes and Communities Act 2019. ‘Kāinga’
Table of Contents October saw the new investment property loan-to-value rules come into play (officially), as recently announced by the Reserve Bank. There is a lot of confusion around these borrowing rules and in particular the exemptions. Remember the following rules are exempt: New-builds remain exempt, so investors can still
Spring is all but here and the days are slowly but surely getting longer. As any proud dad I just had to post this pic of my beautiful wife and our daughter Madelyn, 5 Months old – enjoying a bit of sun in the park over the weekend. With the new changes
Table of Contents Latest Reserve Bank Announcement! The RBNZ has this morning put a 40% restriction on the banks in regards to investment lending. Note that while this effectively is not in place until September this year, I am expecting the banks to action it immediately in most cases, which
