The Mortgage Man - A podcast for everyone with or wanting a mortgage

Should you buy or build your first home?

Before you answer that, it would be important to under the process and costs of building a property. That includes how to finance it from the bank.

Because things are a little different.

There is more than one option, but usually, it's a turnkey option or a progressive option. If you don't know what those terms mean then you neeeeeed to listen to this podcast.

And if you know what those terms mean you should listen to this episode anyway as Steve from Classic Builders, and I cover alot more.

Let us know what you think, and if you want to work with Steve his email is [email protected]

Want to sell your property soon?

Is now a good time to sell? How do you get the best price?

Is it best to list via auction or negotiation?

Completely renovate your house or leave it as is?

All these questions are useful, and I didn't know the answers so I decided to ask someone who does know the answers, and the person is Rachael from Harcourts.

Have a listen, and let me know what you think.

Open homes are scary - and auctions even more so.

What can you do at open homes to give you a bit of an advantage over everyone else? What can you ask, & what are you supposed to look for when going through a stranger's home that you like?

In this episode, I pose these questions and many more to Rachael from Harcourts as we discuss the open home process as well as the buying-at-auction process if you really like a home. How do you win the auction and what can you do to increase your chances?

Enjoy

Do you need a property accountant? Probably - With guest speaker Anthony Appleton-Tattersall, my accountant.

Property tax is becoming alot more complex with all the changes, so whether you think having a property accountant is worthwhile depends on a few things.

And in this episode, I speak with my accountant on a few of those topics, including

- Capital Gains Tax

- Brightline

- Trusts (do these really save you tax?)

- Interest Deductibility changes

And much more..

If you want to reach out to ask Anthony a question his email is [email protected]

Buying a home is a big deal.

It's a lot of money, and most of it isn't even yours.

So you want to make sure it's done right. A big part of that is getting a lawyer to check the contract and property documents for you; and of course faclicate the purchase and any other issues that pop up.

This week I talk to Adam from NZ Legal to explain at what stage a lawyer should be involved and all of the other things you need a lawyer for when it comes to property.

Surprise! Inflation is not as bad as we thought! 
Finally some good news - but does this mean interest rates are coming down?
Not quite- but at least things are slowly turning around which hopefully means they won't go up any further. But we will see what the next OCR announcement holds as the OCR is more closely linked to mortgage rates than inflation. 
We discuss when we think this will happen and what the current interest rates are in today's podcast.
And then once you have decided it is time for a chat to talk about your own mortgage chances then you can pencil that in here​

Mortgage Man Tiktok here

With all that is going on overseas, bank collapses, bailouts, and general uncertainty we are getting a lot of questions about this topic.

What happens to my savings if the bank collapses?

What about my mortgage?

Is my KiwiSaver safe?

For each question there is a very different answer.

And realistically what is the chance of a bank in NZ collapsing?

Listen in and let us know what you think.

Pre-approval apply here

The Mortgage Man Tiktok here

Sometimes there will be property features that you will love.

- Leasehold titles

A complicated topic, but worthwhile, especially now as the 1-year interest rates and the floating rates are quite similar.

Last week the inflation report came out and while it wasn't exactly what we wanted, it's still going to impact the housing market.

Ant and I have been going over the numbers and want to share our thoughts with you. We're breaking down how the inflation report will affect house prices and interest rates in the near future.

This week has been a little crazy in the mortgage world, with some banks raising rates and others lowering them. But, the good news is that long-term rates are now lower than short-term rates. This means that banks believe that interest rates will be lower in a couple of years. Yay!

And that's great for you, especially if you're thinking about refinancing or buying a house with a 20% deposit. You have some serious negotiating power now and can either get more cash back or lower interest rates. Let us, your mortgage bros, help you make the most of this opportunity.

We hope this email gave you a better idea of what's going on in the market. If you have any questions or just want to chat, hit us up!