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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 20 New Zealand banks/lenders and accredited with over 35 Australian lenders. This gives us and you an advantage.
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Mary O’Brien’s career in finance spans more 21 years with successful businesses in Australia and New Zealand. Mary is accredited with 35 Australian banks/lending institutions for Australian properties and 20 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.

Autumn Greetings from Mary

NEW ZEALAND AUTUMN MEANS lovely moderate temperatures where people are still getting away for long weekends. At the same time colours changing outdoors with really picturesque landscapes, particularly in the South Island in Queenstown and Wanaka.

NEW ZEALAND IS A GREAT COUNTRY RIGHT NOW - RANKED IN MARCH 2022 10TH HAPPIEST COUNTRY IN THE WORLD BY UNITED NATIONS. AUCKLAND WAS RANKED THE "MOST LIVEABLE PLACE IN THE WORLD" BY REUTERS IN JUNE 2021 As of April 2022 it is recovering from Ormitron and is reverting to "Nearly" normal life again accepting COVID like the rest of the world. Many Ex Pats are returning to New Zealand. As of April 2022 Australians and from 10 May other tourists from certain other countries will be allowed to enter New Zealand quarantine free so long as they show a Vaccine Pass (no quarantine)!!!. New Zealand is great for scenery, lifestyle jobs, education and property.

FINANCIAL NEWS - Since the beginning of 2022 the house price "correction" market reflects lower prices in many areas. Reasons are higher interest rates which will continue, Reserve Bank restrictions for investors borrowing maximum 60% (not new homes), a new changed law in December (Credit Contracts and Consumer Act) restricting and creating more strictness on lending assessment for everyone, first home buyers Government lowering the borrowing over 80% finance from 10% to 5% of all residential bank/lenderlending. Also new law from October 2021 - the phasing out of interest deductibility on rental income for any investment purchased from 27 March 21 and if purchased before 27 March 2021 interest phased out over 4 years reducing by 25% per year from October 2021 so gone by 2025 (See Accountant newsletter/IRD attachments below,) Also Brightline Tax timeline increased from 5 to 10 years (except new builds). All of these as of April 2022 reflects on low demand purchasing properties and applying for loans. It now has reverted to a Buyer's bargaining market. Another huge reason Inflation is 5.9% which is the biggest movement since 1999 (23 years) Unemployment is record low 3.2% - positive note (strong labour market).

PROPERTY MARKET - As at 1 March 2022 Core Logic Statistics for New Zealand average median house only increased by 0.8% in February but increased in the past 12 months 25.2% to $1,036,117 In the last 12 months Auckland Region increased 25.2% to $1,500,082, Tauranga increased 34.6% to $1,178,811, Wellington Region increased 25.9% to $1,138,210, Nelson increased 19.6% to $863,163, Christchurch increased 34.5% to $759,591, Queenstown Lakes District increased 21.7% to $1,513,327, Dunedin increased 15.8% to $707,887, Invercargill increased 20.2% to $482,118. Out of 960 suburbs, 581 still recorded a gain of at least 1% in past 3 months but 154 suburbs recorded falls of 1% or more. Highest percentage gain was Fiordlands and Rotorua. See Core Logic reports attached for the past 3 months.

FIRST HOME BUYERS - access your Kiwisaver Superannuation. First speak to Mary re finance then contact your Kiwisaver provider to see if you qualify for a grant and withdraw of Kiwisaver.

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.

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 rental returns that suit you pertaining to the New Zealand location you wish to purchase.

DEPOSIT - 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/registration to NZ solicitor to acquire a New Zealand property.

Refer to my "CASE STUDIES"on my website with great client comments and stories, i.e. New Zealand residents, Ex Pats moving back to New Zealand, Nonresidents residing overseas particularly Australians and Kiwis residing in Australia and other countries purchasing in New Zealand.

Contact Mary from New Zealand Mortgage Solutions Pty Ltd for a preapproval from a choice of 22 leading New Zealand banks/lenders. Helping clients for 23 years.

Important Reading:

New Zealand Finance Updates

Financial Advice NZ Summary Research Better Off with Mortgage Advisers Feb 22
- Financial Advice New Zealand engaged a study resulting in 90% reviewed their mortgage or a new loan with a Mortgage Advisor to save them money.
A Win For Borrowers CCCFA Law Changes Won 11 Mar 22 TMM
- After the changed law in December, there was a huge petition by Banks and Financial Advisers to the Government. In February the Government said they will review this and report in June!! Shocking how it has affected many people being unable to obtain finance since 1 December 2021.
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:

- Wonderful for beautiful New Zealand to be classed 10th Happiest Country in the World.
Annual house price growth slowing February 22 11 March 22
- February and March a decline in values by 1% and and no growth at all
QV House Price Index Long Awaited Fall Property Values Started 3 March 22
- Very interesting to read the first 2022 quarter of prices falling. See statistic graphs
ASB Bank Housing Confidence Creaks Market Peaks 5 March 22
- Market has definitely peaked according to ASB
Real Estate Growth or Loss Property Stats 7 March 22
- Real Estate Property Statistics for Growth and Loss
One Roof Property Report March 2022 Thorough 50 Page Report
- Extremely interesting summary of property, market and finance over 50 pages 22 March 22
Regional Property Insights 22 March 22 Tony Alexander
- Another great Regional report town by town 21 pages 27 Mar 22
Core Logic Property Values 1 March 22 Read Latest 4 March 22
- Report on NZ property values especially the graph in the first 3 months 2022
Some Light Relief 1st Home BuyersAuckland Price Falls Outpaced Interest Rate Rises21Mar22
- Reverting to a First Home Buyers Market with the Market Price falling
- News says "Covid-19 has shaken up the Economist Intelligence Unit's (EIU) annual ranking of most liveable cities, propelling Auckland to First
- NZ Unique Town Emblems Lemon & Paeroa, Gumboot, Carrot, Kiwifruit, Dog & Sheep, Donut, Trout and Paua Shell

Get in touch with Mary

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    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)

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