Changing expectations in Auckland’s housing crisis
Auckland’s housing market has been the subject of endless think pieces – and for good reason. It’s one of the most expensive markets in the world, beaten only by Vancouver, Hong Kong, and Sydney in terms of lack of affordability.
Despite a difficult property market and harsher rules around lending, people still want to get into their own homes. That’s where non-bank lenders come in. This month’s guest blogger, specialist non-bank mortgage broker Kim Lyons, www.nonbank.co.nz explains why so many people are looking for other finance options.
Non-bank lenders haven’t always had the best reputation, but as mortgages continue to rise and banks place increasing restrictions on lending, people are looking for different loan options. This month’s guest blogger, Eddie Biesenbach of Best Mortgages, explains the major differences between banks and non-bank lenders.Read More
After almost a decade under National, New Zealand’s government has changed. Naturally, changes to policy will follow. Whether these changes will be positive, negative, or neutral depends on you and your situation.