All Topics / Help Needed! / New Zealand Finance

Viewing 9 posts - 1 through 9 (of 9 total)
  • Profile photo of Woody86Woody86
    Member
    @woody86
    Join Date: 2011
    Post Count: 30
    May 16, 2011 - 3:35 am

    Hi Guys

    was just wondering if anyone could help me in regards to new zealand finance. I spoke to a broker who said they could get 80% LVR .
     

    Do australian banks lend on new zealand property. Probably a stupid question. I need to get someone who does a 95% lend on nz property

    thanks

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    May 16, 2011 - 3:42 am

    Yes the odd Australian lender lends on NZ security but you wont get LMI so max lvr would be 80%.

    Might have to try a Kiwi Broker but from experience you will struggle to get 95% with a decent rate and in most cases they will charge an upfront fee.

    Cheers

    Yours in Finance

    Richard Taylor | Australia's leading private lender

    Profile photo of Woody86Woody86
    Member
    @woody86
    Join Date: 2011
    Post Count: 30
    May 16, 2011 - 4:03 am

    Great thanks for the reply. I might have to ring around and check it out

    Profile photo of speedy gonzalesspeedy gonzales
    Member
    @speedy-gonzales
    Join Date: 2010
    Post Count: 149
    May 16, 2011 - 6:43 am

    James,

    Tried to send you a PM….with the name of a NZ broker that is excellent to work with an experienced n dealing with investors but your profile doesn't accept emails

    Profile photo of Woody86Woody86
    Member
    @woody86
    Join Date: 2011
    Post Count: 30
    May 16, 2011 - 10:59 pm

    Ok I am not sure how to change that. Can you email me at [email protected]

    thanks

    Profile photo of speedy gonzalesspeedy gonzales
    Member
    @speedy-gonzales
    Join Date: 2010
    Post Count: 149
    May 17, 2011 - 12:23 am

    Just sent the email with contact details now James

    Profile photo of Woody86Woody86
    Member
    @woody86
    Join Date: 2011
    Post Count: 30
    May 17, 2011 - 3:27 am

    Thanks alot for that

    Profile photo of bhfbhf
    Participant
    @bhf
    Join Date: 2011
    Post Count: 1
    May 26, 2011 - 5:02 am

    Does anyone have recommendations for an Aussie lender that would lend to 80% full doc on a Kiwi property?

    Cheers

    BHF

    Profile photo of Don NicolussiDon Nicolussi
    Participant
    @don
    Join Date: 2005
    Post Count: 1,086
    May 26, 2011 - 5:29 am

    Like most things it is best to go to the source and get your kiwi finance in kiwi land from a kiwi bank.  I can send anyone who wants them a few contacts no probs just pm.

    Don Nicolussi | Property Fan
    Email Me | Phone Me

    Learning, having fun and doing it!

Viewing 9 posts - 1 through 9 (of 9 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.