When buying or re-financing a property the finance is only one part of the equation. It's important to know about the other parts and how they can help you borrow money safely.

Insurance

Your mortgage is probably your biggest financial commitment.

So how do you protect it? Ask yourself.......

"could I make my mortgage payments if I am sick, my partner dies or I am made redundant?"

For most people the answer is 'no'. Protecting your home for you and your family is important. To find out how to protect your home a quick email to our Insurance Experts is well worth the effort......and advice is free too!

To find out more email  insurance@financialsuccess.co.nz 

Legals 

For most transactions you need a lawyer, not only for the property work but also to advise on Wills, Trusts and perhaps Family loan agreements. If you are based North Shore, Henderson, Orewa or Kumeu districts, have the lawyer come to you. Fixed fee mobile conveyancing from Jessie Foley means no time off work and she will visit you at home in the evenings too.

To find out more email  jessie.foley@fortunemanning.co.nz

House Inspections

Generally there is no requirement for any inpection to be made when buying a house. Amazingly most people do not have the property they are buying professionally inspected even though the 'leaky home' situation is huge and property is still being built that will leak! The only true method of finding out whether or not a property is leaking is to have a 'thermal imaging' report done. This is really important when the house you are looking at is under 20 years old and is clad, rather than brick.

Have a look here www.consumerbuild.org.nz/publish/leaky/leaky-background.php to see what we mean

Pension Transfers

For those who have moved to New Zealand from the UK or for New Zealanders who have spent time in the UK and are now home, Pension Transfers offer a way of unlocking funds held in UK Funds. Our resident Pension Transfer expert Tony is only an email away from giving professional advice.

To find out more email  tony@opt-ltd.co.nz

Trusts

Primarily Trusts are created to protect assets and have been around for over 400 years. This is a very complex area and the IRD are looking closely at Trusts to make sure they were created properly and being run correctly. See here for a full article.