COVID UPDATE - I AM HERE TO HELP
Menu

What New Zealand Mortgage Solutions Can Do For You

We are mortgage brokers who specialise in providing New Zealand and Australian finance.

We are accredited with 21 New Zealand banks/lenders and accredited with over 35 Australian lenders. This gives us and you an advantage.
CONTACT US
Mary O’Brien’s career in finance spans more 21 years with successful businesses in Australia, New Zealand, UK, Ireland and USA. Mary is accredited with 35 Australian banks/lending institutions for Australian properties and 21 New Zealand banks/lending institutions for New Zealand properties.

Mary O’Brien

Mortgage Broker
For 21 Years We Have Been Helping New Zealanders, Australians and Other Nationalities Find the Right Loan from the Largest Panel of New Zealand’s Leading Banks and Lenders

Happy Clients

Gill

COVID 19 Assistance Thank You From Gill from UK assisting them with their Queenstown mortgage to revert to “Interest Only COIVID repayments” for 6 months cause of no tourists or occupancy. A lovely surprise to receive these beautiful flowers
Read Our Case Studies

I Want A New Zealand Mortgages?
Where Do I Start?

We have compiled a handy checklist of you so you can begin to understand the process involved in getting a New Zealand mortgage.

We the recommend you read the section about NZ home loans and then take a look at our case studies to get an idea of the wide range of people we have helped.

New Zealand Mortgage Can Help You:

  • Before you go to New Zealand.
  • During the procedures when you visit New Zealand.
  • Obtaining valuation from Registered Valuers in New Zealand to enable unconditional approval.
  • Ensure solicitor, bank, valuer and New Zealand Mortgages Solutions all help clients towards settlement.
  • Visit our useful links page for important websites you will find useful.

Media Releases by Mary O'Brien of New Zealand Mortgage Solutions

“Putting Down Roots” Australia New Zealand Magazine UK July 2018
Mary O’Brien writeup for people permanently moving to NZ re purchasing their “dream property” and obaining a mortgage
“A New Life In Auckland” also “Where to Live” Australia New Zealand Magazine UK December 2017
Mary O’Brien not only writes about the qualities of Auckland but also “Where to LIve” outlining CBD, North Shore, East, West and South areas of Auckand with house values, schools and health
“Move to Auckland” by Mary O’Brien Australia New Zealand Magazine UK September 2017
Mary O’Brien writes about the change to move from overseas to Auckland with great information on high quality Education, Great Job Opportunities, Property Information and Great Relaxed Outdoor Lifestyle Auckland offers
Bang for buck: Australians looking overseas for affordable housing
Australian Financial Review 7-8 January 2017 - Mary O’Brien’s clients Chris and Jamie who reside and rent in Coogee Sydney constructed a 4 bedroom Queenstown ski chalet with beautiful snowcapped mountain views behind and lake views from the front for only NZ$1.3 Million. Where would you get anything like this in Australia for that price - read the very interesting writeup interviewing Chris and Jamie plus a small writeup on Mary O’Brien New Zealand Mortgage Solutions.

Spring Greetings from Mary

SPRING IN NEW ZEALAND means thousands of lambs bouncing around lush evergreen fields, blooming flowers/trees, daylight saving with longer daylight "relaxed Kiwi lifestyle" hours and warmer days. Spring also is a househunting/finance season where vendors put their house on the market and purchasers are keen to settle before Christmas. With interest rates on a record "low" and a "buyer's market" now is a good time to obtain a mortgage preapproval (valid 3 months) then seriously look at properties in New Zealand. Contact Mary before househunting to know where you stand!!!

NEW ZEALAND IS A GREAT PLACE (AUCKLAND NAMED NO. 1 MOST LIVEABLE CITY IN THE WORLD June 2021 - see attachment). New Zealand is great for lifestyle, employment, education and property.

NEW ZEALAND IS A GREAT PLACE TO LIVE not only for lifestyle but for jobs, education and purchasing a property.

FINANCIAL NEWS - Based on financial economic and employment recovery internationally and New Zealand improving in the past few months, this has reflected in several increases in all Fixed Interest Rates from all time historic "lows" in mid 2021. The NZ Reserve Bank has raised the "Cash Rate" (Variable/Floating) for the first time in 7 years and said they will look at bringing in debt to income levels with mortgage applications. It also indicates a tightening in monetary policy and lowering the percentage of mortgage borrowing over 80% LVR to Owner Occupiers/First Home Buyers. Since March 2021 Investors can only borrow up to 60% on "existing properties." In October the Government has given Investors tax incentives for "new builds" Overall there has been rising levels employment, job security and wages, record New Builds Consents, less travel so more New Zealand spending on property purchasing or renovations.

UNEMPLOYMENT RATE for Q2 June 2021 was 4% down from 4.1% Q2 2020.

PROPERTY MARKET - As at 1 October 2021 New Zealand average median house increased in the past 12 months 27.8% to $950,229, Auckland Region increased 24.9% to $1,346,964, Tauranga increased 31.6% to $1,046,390, Wellington Region increased 35.9% to $1,082,993, Nelson increased 21.2% to $806,807, Christchurch increased 27.6% to $666,371, Queenstown Lakes District increased 30.4% to $1,489,123, Dunedin increased a 22.8% to $672,031 and Invercargill increased 23.8% to $446,098. The Strongest NZ performers were Wairoa 49.8% to $336,878, Masterton 45.9% to $645,693, Hastings 41.4% to $843,516. With a shortage of property for sale and for rent in all cities New Zealanders are feeling "FOMO" Fear Of Missing Out!!.

FIRST HOME BUYERS - access to your deposit from your Kiwisaver Superannuation. Refer to Housing New Zealand website to see if you qualify www.hnzc.co.nz. There are Regional/Location purchase price and personal income limits. Normally 80% the Government allows the banks a small percentage of lending up to 90% finance (conditions apply).

REMEMBER ALL NONRESIDENTS MUST HAVE A NZ TAX FILE NUMBER BEFORE THEY SETTLE ANY NEW ZEALAND PROPERTY and must provide their overseas tax file number.

NONRESIDENTS PURCHASING PROPERTY IN NZ - There is a ban of nonresidents purchasing "existing residential properties" - with the exception of New Zealand, Australian and Singaporean citizens). Nonresidents purchasing new properties are acceptable.

INVESTORS "BRIGHT LINE TEST" now to 10 years (since March 2021) ownership of "existing" investment property (i.e. if you purchased investment property after October 2015, changed twice since 2015) See The Inland Revenue Department will require income tax to be paid on any gains and will be taxed at the seller's normal income tax rate. See IRD attachment dated March 2021. Also refer to "New Build" Investor New Law October 2021.

RENTAL AND VALUES: When you look at such a diversified value in New Zealand and look at rental return on the Government website (outlined on this website "Useful Links"), you will see the capital growth and/or rental returns that suit you pertaining to the New Zealand location you wish to purchase.

REMEMBER THERE IS NO STAMP DUTY AND NO LAND TAX in New Zealand. You normally require your deposit for the property plus approximately NZ$1,500 legals to NZ solicitor to acquire a New Zealand property.

REFER TO MY "CASE STUDIES"on my website for many New Zealand residents, Ex Pats moving back to New Zealand, Nonresidents particularly Australians and Kiwis residing in Australia and other countries purchasing in NZ.

CONTACT MARY from New Zealand Mortgage Solutions Pty Ltd for a preapproval from a choice of 21 leading New Zealand banks/lenders.

Important Reading:

New Zealand Finance Updates

Tony Alexander Economist Interest Rate and Financial 30 September 2021
- Top Economist forecasts of Interest Rates and Financial Overall.
New builds: 20 Year Exemption from Tax Changes
- Government 20 Year Exemption New Builds Interest Deduction
ANZ Research New Zealand Property Focus
- Overall Report  Refer to Interest Rate Prediction Pages 11 and 12
Tighter LVR Restrictions Owner Oxcupiers Reserve Bank 3 September 21
- Reserve Bank tightens up LVR for Owner Occupiers Over 80% LVR Limit
One Punch To Property Investors Accountant Newsletter Re Tax Changes March 2021
- Accountant Mark Withers outlining to Property Investors the drastic action taken by the Government. Refer Links for the IRD (tax) regulations

Market Updates:

CoreLogic September House Price Index Media Release 1 October 21
- CoreLogic Full Report of Market Trend for Sep 21
CoreLogic NZ House Price Index Residential Price Movement 30 September 21
- CoreLogic Statistics All Of NZ Districts Sep 21
Why Work When House Prices Make More Money 28 September 21 Landlord
- Property Increases So Fast -v- Working Income
Regional Property Insights Tony Alexander-September-21 1st Mtge Trust
- In Depth Summary All Over NZ Property Market by top Economist Tony Alexander (22 pages)
ANZ Property Focus 28 September 21
- Property and Overall Financial Market for 30 Sept 21
- NZ Unique Town Emblems Lemon & Paeroa, Gumboot, Carrot, Kiwifruit, Dog & Sheep, Donut, Trout and Paua Shell
- News says "Covid-19 has shaken up the Economist Intelligence Unit's (EIU) annual ranking of most liveable cities, propelling Auckland to First

Get in touch with Mary

Please give as much detail as possible and we will get back to you as soon as possible.

    Content on this website is general in nature and is not a recommendation, opinion or guidance to any individuals in relation to acquiring or disposing of a financial product. Readers should not rely on this content and should always seek specific financial advice appropriate to their own individual circumstances.

    Professional Investments Limited New Zealand (Financial Services Provider Register No. FSP768358 NZ Companies Office)

    Mary O'Brien is a Registered New Zealand Financial Adviser (Financial Services Provider Register No. 43497 NZ Companies Office) 

    Mary O'Brien is a Credit Representative (Credit Representative No. 398565) of Ozloans Finance Pty Ltd ABN 56 090 913 607 (Australia Credit Licence No. 391829)

    envelopephone-handsetphonecrossmenu