NZ Mortgages
Jun 3rd 2003, 6:54 pm
#16
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Joined: Oct 2002
Location: NZ
Posts: 97
Re: Resident?
Originally posted by Scarlett G
We were residents in NZ (Tauranga) under the general skills category, but came back to the Uk last year. However we are hoping to go back soon as being here is not what is best for all concerned. I don't know if you have to be a resident to buy or not I'm afraid. Under what category are you going and where to ?
We were residents in NZ (Tauranga) under the general skills category, but came back to the Uk last year. However we are hoping to go back soon as being here is not what is best for all concerned. I don't know if you have to be a resident to buy or not I'm afraid. Under what category are you going and where to ?
What are your thoughts on Tauranga area? We are late twenties/early thirties couple.
What made you come back if you dont mind me asking? Home sickness?
Initially I am going on WHV and my partner on visitor visa. But we are hoping to get a job offer and over the counter work visa. I am in touch with an agency who are assisting me to find dental nurse work as there is a shortage - unfortunatley not on the shortage skilled list at the mo!
Jun 3rd 2003, 7:38 pm
#17
on the road again member
Joined: Jan 2003
Posts: 59
Re: Resident?
Originally posted by millertime
Hiya Scarlett.
Are you resident in NZ? Do you have to be a resident to purchase?
Hiya Scarlett.
Are you resident in NZ? Do you have to be a resident to purchase?
Jun 4th 2003, 12:03 am
#18
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Joined: Jan 2003
Location: Brisbane
Posts: 1,576
Re: Resident?
Originally posted by millertime
Hiya Scarlett.
Are you resident in NZ? Do you have to be a resident to purchase?
Hiya Scarlett.
Are you resident in NZ? Do you have to be a resident to purchase?
Australia has restrictions on who can purchase property, but NZ doesn't.
Jun 4th 2003, 7:36 am
#19
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Joined: Apr 2003
Posts: 68
Re: Resident?
Originally posted by millertime
Maybe you can help! We are undecided between Tauranga and Christchurch. never been to Tauranga area but looks just like what we liked so much when we travelled last year. We have been to Christchurch as we have family there and thats what would take us there.
What are your thoughts on Tauranga area? We are late twenties/early thirties couple.
What made you come back if you dont mind me asking? Home sickness?
Initially I am going on WHV and my partner on visitor visa. But we are hoping to get a job offer and over the counter work visa. I am in touch with an agency who are assisting me to find dental nurse work as there is a shortage - unfortunatley not on the shortage skilled list at the mo!
Maybe you can help! We are undecided between Tauranga and Christchurch. never been to Tauranga area but looks just like what we liked so much when we travelled last year. We have been to Christchurch as we have family there and thats what would take us there.
What are your thoughts on Tauranga area? We are late twenties/early thirties couple.
What made you come back if you dont mind me asking? Home sickness?
Initially I am going on WHV and my partner on visitor visa. But we are hoping to get a job offer and over the counter work visa. I am in touch with an agency who are assisting me to find dental nurse work as there is a shortage - unfortunatley not on the shortage skilled list at the mo!
I will send you a PM later with info on Tauranga (we came back due to homesickness....long story) must dash, got to take little people to school!!!
Jun 4th 2003, 9:59 am
#20
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Location: Exit UK 23rd Mar 2004, arriving in NZ 29th Mar (stop off LA Disney)
Posts: 385
Re: Resident?
Originally posted by Scarlett G
I will send you a PM later with info on Tauranga (we came back due to homesickness....long story) must dash, got to take little people to school!!!
I will send you a PM later with info on Tauranga (we came back due to homesickness....long story) must dash, got to take little people to school!!!
I'm torn a few between places in NZ.
Appreciated
Jun 4th 2003, 10:24 am
#21
Forum Regular
Joined: Apr 2003
Posts: 68
Re: Resident?
Originally posted by GetMeOutOfHere
Any chance you could email me aswell please.
I'm torn a few between places in NZ.
Appreciated
Any chance you could email me aswell please.
I'm torn a few between places in NZ.
Appreciated
No problem - have sent a private message to you!!
Jun 4th 2003, 11:45 am
#22
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Joined: Oct 2002
Posts: 405
Originally posted by smithone
I've got a fixed rate of 6.4% which is pretty competitive.
I've got a fixed rate of 6.4% which is pretty competitive.
By the way, one can probably swing this on ones own if one deals directly with the bank, but certainly when one deals with a mortgage broker he/she can negotiate for the bank to pay some of the attorney's fee ( in our case, NZ$250).
Cheers!
TA (I'm back online!! Just updated my browser, so I can post again, only took me 2 months to figure the problem out but hey, had plenty of other things to do, know what I mean?? SO greetings from Christchurch!!)
Jun 4th 2003, 1:08 pm
#23
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Joined: Aug 2002
Posts: 7,613
Originally posted by The American
Could you please be more specific - fixed rate of 6.4% for how long? We just got 6.25% or near that for 2 year fixed (ASB). A one-year fixed is at under 6% right now, a 6-month fixed even less, and our mortgage broker says the rates keep going down. Anyway, in the States, if you say 'fixed rate' it means for the duration of the loan, i.e. 30 years. Far as I know, a 25- or 30-year fixed rate loan doesn't exist here in NZ, hence my question.
By the way, one can probably swing this on ones own if one deals directly with the bank, but certainly when one deals with a mortgage broker he/she can negotiate for the bank to pay some of the attorney's fee ( in our case, NZ$250).
Cheers!
TA (I'm back online!! Just updated my browser, so I can post again, only took me 2 months to figure the problem out but hey, had plenty of other things to do, know what I mean?? SO greetings from Christchurch!!)
Could you please be more specific - fixed rate of 6.4% for how long? We just got 6.25% or near that for 2 year fixed (ASB). A one-year fixed is at under 6% right now, a 6-month fixed even less, and our mortgage broker says the rates keep going down. Anyway, in the States, if you say 'fixed rate' it means for the duration of the loan, i.e. 30 years. Far as I know, a 25- or 30-year fixed rate loan doesn't exist here in NZ, hence my question.
By the way, one can probably swing this on ones own if one deals directly with the bank, but certainly when one deals with a mortgage broker he/she can negotiate for the bank to pay some of the attorney's fee ( in our case, NZ$250).
Cheers!
TA (I'm back online!! Just updated my browser, so I can post again, only took me 2 months to figure the problem out but hey, had plenty of other things to do, know what I mean?? SO greetings from Christchurch!!)
Jun 4th 2003, 8:19 pm
#24
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Thread Starter
Joined: Oct 2002
Location: NZ
Posts: 97
Originally posted by The American
Could you please be more specific - fixed rate of 6.4% for how long? We just got 6.25% or near that for 2 year fixed (ASB). A one-year fixed is at under 6% right now, a 6-month fixed even less, and our mortgage broker says the rates keep going down. Anyway, in the States, if you say 'fixed rate' it means for the duration of the loan, i.e. 30 years. Far as I know, a 25- or 30-year fixed rate loan doesn't exist here in NZ, hence my question.
By the way, one can probably swing this on ones own if one deals directly with the bank, but certainly when one deals with a mortgage broker he/she can negotiate for the bank to pay some of the attorney's fee ( in our case, NZ$250).
Cheers!
TA (I'm back online!! Just updated my browser, so I can post again, only took me 2 months to figure the problem out but hey, had plenty of other things to do, know what I mean?? SO greetings from Christchurch!!)
Could you please be more specific - fixed rate of 6.4% for how long? We just got 6.25% or near that for 2 year fixed (ASB). A one-year fixed is at under 6% right now, a 6-month fixed even less, and our mortgage broker says the rates keep going down. Anyway, in the States, if you say 'fixed rate' it means for the duration of the loan, i.e. 30 years. Far as I know, a 25- or 30-year fixed rate loan doesn't exist here in NZ, hence my question.
By the way, one can probably swing this on ones own if one deals directly with the bank, but certainly when one deals with a mortgage broker he/she can negotiate for the bank to pay some of the attorney's fee ( in our case, NZ$250).
Cheers!
TA (I'm back online!! Just updated my browser, so I can post again, only took me 2 months to figure the problem out but hey, had plenty of other things to do, know what I mean?? SO greetings from Christchurch!!)
Not sure what Smithones deal is but fixed rate can be for 1, 2,3 + years - not usually the duration of the mortgage but once the fixed period is up you can take another fixed period if you want.
On another note in case anyone was in same kind of position as us I emailed the ASB bank who confirmed as some folk have said you dont have to be resident to get a mortgage but they like a 25% deposit.
Cheers!
