I lived in Wellington New Zealand for around 12 years and what I can say on that experience.
1. Its very hard to find a property even with 2 Bed for around 300 K in major cities like Auckland or Wellington. But definitely available in bit far away from major cities . But not sure how the rental demand will be for those properties
2. Most of the…[Read more]
Kavi replied to the topic 3-4 unit development. Query re: getting plans drawn up in the forum Help Needed! 3 years, 6 months ago
Hi , I live in Melbourne and looking to start a small development. Can some one please recommend a good architect and an accountant. Thanks in advance
Hi all, I bought a brand new town house (5 in the block and my one is in the front) in Noble Park Victoria. The layout of the house is 2 bed rooms and one bathroom in up stairs and a living area, dining area, laundry, internal access garage and a separate toilet in the down stairs. I am thinking of adding a shower in to the laundry room and…[Read more]
Help needed on this please!
Can I have my name only in the title and the loan is in both myself and my wife’s name. (for the loan serviceability requirements). I am a New Zealand citizen and my wife is in a temporary 461 visa. This is our first home and I am eligible for the FHBG and the stamp duty reduction, but my wife isn’t.( we live in…[Read more]
If I own a business in a company format and receive a regular salary for my self, am I eligible to obtain full doc loan as a regular salary employee? Do the lenders look for the history of the company? ( I am in the business only for few months but receive fix regualr income each month)Many thanks
Hi Richard, I just moved from New Zealand to Melbourne and look forward to buy a PPR and an IP soon. Much appreciate if you could please send me a copy of that article to [email protected] I would also like to contact you soon to discuss the best way for me to go ahead with my property purchase.
Much appreciate if someone could please advice me on the below situation,
I bought a 3 bedroom brand new house in Wellington NZ last year(2013) for $391000 with a 95% of a bank loan (5.95 % +0.5 % interest rate.). Currently I am paying $2350 monthly repayment for the loan (Capital+interest)
At the moment I am planning to move to Melbourne and…[Read more]