- bpsParticipant@bpsJoin Date: 2004Post Count: 5
I live in Melbourne and am trying to secure kiwi finance for an NZ property.
The property is a body corp unit title. One major NZ bank has said they’d only finance up to 60% of the purchase price on this basis. Can anyone steer me towards someone who can finance around 80% – 90%?
Ben.Dean ParkerParticipant@dean-parkerJoin Date: 2004Post Count: 9
I was a part of Kiwi Adventure 1. I had no luck with one of the large NZ banks. They could only offer me 60%-75% LVR on some of the properties and could not offer me anything on a block of units. I was told it was because they were over exposed in certain areas. I was able to secure finance at 80% on all of my purchases through a mortgage broker. I can get their details if you would like, but I’d just like to check with him first.[biggrin] Best of luck!bpsParticipant@bpsJoin Date: 2004Post Count: 5
I would appreciate your broker’s details if it’s ok by them. Thanks for your help.
Ben.Mobile MortgageMember@mobile-mortgageJoin Date: 2003Post Count: 913
I have arranged NZ finance for many of my Australian clients, I am happy to help feel free to contact me with the details, Cheers.
PLEASE note comments made should not be taken as specific taxation, financial, legal or investment advice.westanMember@westanJoin Date: 2002Post Count: 1,950GeoffBeckMember@geoffbeckJoin Date: 2003Post Count: 95
I’m one of Steve’s clients and as Westan says he comes highly recommended.
Worth a phone call.
GeoffBayenParticipant@ayenJoin Date: 2005Post Count: 17
Natalie Penn at elite mortgage brokers recently obtained 80% lend on a body corporate property for me. Nice rate too (better than the quoted rates from the banks).
Her email is [email protected]
Since we used her we have spoken to quite a few Aussies who had used her services and spoke highly of her.
ayenDean ParkerParticipant@dean-parkerJoin Date: 2004Post Count: 9
The mortgage broker I used is more than happy for me to put his name up here:
Home Trust Mortgages
w – +64 (06) 834 3142
m – +64 (021) 115 3571
e – [email protected]
Hope it all works out!
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