Articles

Around 7 years ago I was in a conversation with a colleague around what income you would need to be in a position where you cannot help but save money. That is, not being able to spend it all. This...

If you have a mortgage and have a separate bank savings account you are doing the equivalent of driving a car on flat tyres. It works but not very well.

There are 2 main reasons for this, taxation...

Is all the time and effort you put into your job only going to lead to a bigger house and nicer car yet keep you stuck with having a mortgage until you are retired?

It is an easy trap to fall into,...

1. Fixing your entire mortgage. While there are some very tempting fixed rates at the moment, if you choose to fix your entire loan you are also locking in how fast (or slow in most cases) you can pay...

A conversation I’ll sometimes have with people with the end of their mortgage in sight is “once the mortgage is paid off we want to get an investment property”. I often question the need to wait...

Last week I spoke about thebenefits of taking what control you canover your mortgage, today I’ll run through a typical example.

Most people when they take a mortgage, give up control. This somewhat makes sense, you are borrowing a large amount of money from a bank or lending institution and do have to follow their rules, to...

In my recent article I spoke about theimpact of the OCR if you are floating. Today I’ll address those who have a fixed mortgage. If you fixed your loan last year interest rates on offer were likely...

As we enter the new year and get a clearer understanding of the new government low deposit restrictions a number of solutions have become available to those without a 20% deposit. These include: