Trish Marsden
How parents can help their kids get into their first home

How parents can help their kids get into their first home

20 September 2018
Wealth Creation! Trish shares her 3 facet approach

Wealth Creation! Trish shares her 3 facet approach

7 August 2018
Have financial goals? Then the magic word is BUDGET!

Have financial goals? Then the magic word is BUDGET!

Check out our Budget Calculator to get

17 July 2018
PARENTS HELPING THEIR KIDS TO BUY THEIR FIRST HOME

PARENTS HELPING THEIR KIDS TO BUY THEIR FIRST HOME

Parents can be great mentors in financial management and there are several ways parents can help their kids to buy a home of their

Published In The Whakatane Beacon

10 May 2018
Releasing the Mortgage on your Property

Releasing the Mortgage on your Property

A “Mortgage” is the security that a borrower provides to a lender for a debt allowing the lender (eg bank) to sell the property in the event a default on a debt to that lender.  A

Published In Whakatane Beacon

29 March 2018
How do unstable markets affect us?

How do unstable markets affect us?

Financial markets do not like uncertainty or instability.  Being such a blip on the economic world stage NZ is strongly influenced by what the markets are doing overseas and economists get very

Published In The Whakatane Beacon

15 February 2018
Costly Delays

Costly Delays

While most of us acknowledge the importance of life insurance, many clients can take a long time before taking up the cover they know they should have.  There seems to be a logic that that any

Published In The Whakatane Beacon

11 January 2018
PURCHASING A HOME OVER CHRISTMAS

PURCHASING A HOME OVER CHRISTMAS

With more time on our hands over the Christmas break there may be the temptation to put in an offer to purchase a new property if a new home was on the Christmas wish list.  However many

Published In The Whakatane Beacon

15 December 2017
Home Equity Release loans

Home Equity Release loans

Home Equity Release (HER) loans are often negatively viewed but can be a viable and safe option for older people above the age of 60.    Retired clients who own their own home but have

Published In The Whakatane Beacon

30 November 2017
Christmas is coming

Christmas is coming

While Christmas comes around quite regularly we often find that we’re still paying the expense of our Christmas purchases on our credit card come November the following year.  This may

16 November 2017
PROBABILITY VS IMPACT

PROBABILITY VS IMPACT

When considering to take out insurance we do it for 2 reasons 1)        We think something is likely to happen 2)      We would be

Published In The Whakatane Beacon

3 November 2017
Insurance: The First to Go

Insurance: The First to Go

When times are tough and cash-flow is tight it’s often the Insurance that is the first to be cancelled.  The reason seems to be that the client is unable to justify the expense as compared

Published In The Whakatane Beacon

20 October 2017
CHANGING LENDERS

CHANGING LENDERS

Often clients come to us asking to refinance them from their existing lenders.  While there are good reasons for changing, caution needs to be taken and it needs to be identified if the change

Published In The Whakatane Beacon

6 October 2017
BUILDING PROJECTS

BUILDING PROJECTS

When considering a building project there will be many restrictions and obstacles to overcome when wanting to finance your build. Lenders perceive financing a building project to be a higher risk

Published In The Whakatane Beacon

29 September 2017
OVERSEAS RESIDENTS

OVERSEAS RESIDENTS

Reserve Bank restrictions and legislation have seen a significant change in lending options (from Banks) for NZ Citizens living or earning income from Overseas.  Previously if you were a NZ

Published In The Whakatane Beacon

14 September 2017
Non-Bank lenders

Non-Bank lenders

With Loan to value ratio (LVR) restrictions imposed by the Reserve Bank and Banks moving away from aggressive pricing practices we have seen a surge in the use of Non-bank lenders.  What are the

Published In The Whakatane Beacon

1 September 2017
GETTING THE POWER OF A CASH BUYER

GETTING THE POWER OF A CASH BUYER

Many purchasers of property will have to borrow funds ie get a mortgage.  Yet the power of a cash buyer could mean that you may have the ability of getting your offer accepted over someone

Published In The Whakatane Beacon

17 August 2017
PRICING WITH LENDERS

PRICING WITH LENDERS

In the last few weeks we have seen mandates go out by all the banks saying that they will not be pricing loans as they previously have.  While mandates like this have gone out before, the

Published In The Whakatane Beacon

4 August 2017
Assumptions

Assumptions

When applying for a mortgage there are assumptions that people will make, however many of these assumption can ultimately end up causing financial and personal pain.  We thought we would address

Published In The Whakatane Beacon

21 July 2017
INSURANCE: THE FIRST TO GO?

INSURANCE: THE FIRST TO GO?

When times are tough and cashflow is tight it’s often the Insurance that is the first to be cancelled.  The reason seems to be that the client is unable to justify the expense as compared

Published In The Whakatane Beacon

7 July 2017
SUBDIVIDING PROPERTY

SUBDIVIDING PROPERTY

What was once the classic ¼ acre section is now becoming a thing of the past as owners are looking to maximise the return on their investment of their property by subdividing. Subdividing can

Published In The Whakatane Beacon

23 June 2017
How to Strengthen Your Offer

How to Strengthen Your Offer

When purchasing a property the ideal situation is for you to be the only purchaser or the only one making an offer.  However with a lack of real estate stock many of our clients are having to go

Published In Whakatane Beacon

7 June 2017
Offset vs Revolving Credit

Offset vs Revolving Credit

With the “Offset” Home loan gaining momentum in popularity we thought it would be a good idea to review what it has to offer and how it differs from other loans.   A

Published In The Whakatane Beacon

26 May 2017
Kiwisaver and Homestart

Kiwisaver and Homestart

There are some major frustrations and misunderstandings surrounding Kiwisaver and Homestart and this article will attempt to clarify some major points on both these initiatives.    The

Published In Whakatane Beacon

5 May 2017
When Insurance Agencies Don't Pay Up....

When Insurance Agencies Don't Pay Up....

With recent events we have seen incidents of flood victims failing to have their insurance claims expectations met.  These decisions can be devastating to those who have suffered loss in

Published In Whakatane Beacon

2 May 2017
When Disaster Strikes

When Disaster Strikes

Recent events in the Eastern Bay have shown that while sometimes there are things out of our control how we prepare and respond to these disasters can greatly affect the overall outcome.

11 April 2017
Changing Lenders

Changing Lenders

Often clients come to us asking to refinance them from their existing lenders.  While there can be good reasons for changing, caution needs to be taken to ensure you are indeed getting a

Published In Whakatane Beacon

29 March 2017
Parents Helping Their Kids To Buy Their First Home

Parents Helping Their Kids To Buy Their First Home

Parents can be great mentors in financial management and there are several ways parents can help their kids to buy a home of their own.   KIWISAVER: Parents can get their kids in to

Published In Whakatane Beacon

22 February 2017
Vendor Finance

Vendor Finance

With recent changes in lenders policies in relation to above 80% lending it’s important to think outside the square and look at ways in which purchasers are able to buy a home if they

Published In Whakatane Beacon

15 February 2017
Booking Interest Rates

Booking Interest Rates

If you are on a fixed interest rate and it is coming to the end of it’s term you have the choice to book another fixed rate or go on to a variable rate.  Going on to a floating interest

Published In Whakatane Beacon

21 December 2016
Goal Setting

Goal Setting

As we say goodbye to 2016 and look forward to 2017 the start of a new year allows us to stop and contemplate what we hope to achieve in the upcoming year.  This includes financial

Published In Whakatane Beacon

21 December 2016
Christmas Budget

Christmas Budget

Retailers love Christmas because there are two things they can rely on; they know people will over-spend on gifts and food, and there will be much impulse buying. So the question is how to avoid

Published In Whakatane Beacon

14 December 2016
Movement on Interest Rates - Pricing

Movement on Interest Rates - Pricing

While the Reserve Bank continues to lower the Official Cash Rate (OCR) last week we saw 2 banks increase their fixed interest rates.  Does this signal the end of the lowest fixed rates that

Published In Whakatane Beacon

2 December 2016
When You Have Less Than a 10% Deposit

When You Have Less Than a 10% Deposit

With the Loan to Value Ratio (LVR) restrictions imposed by the Reserve Bank reducing the availability of funding for loans above 80% for owner occupied homes down to 10% of a lender (bank’s)

Published In Whakatane Beacon

21 November 2016
Tax Changes for Investment Properties

Tax Changes for Investment Properties

With the recent alteration in tax regulation regarding investment properties it is important to be aware of the implications when buying and selling investment properties.     As

Published In Whakatane Beacon

9 November 2016
Keeping it Honest

Keeping it Honest

Recently we heard of an incident that showed how keeping it honest with insurance agencies is essential – not just to be a good citizen but to avoid the severe ramifications if ever caught

Published In Whakatane Beacon

12 October 2016
Assumptions in Insurance

Assumptions in Insurance

When people make complaints about insurance agencies the root cause of the complaint is the  “expectation of the client” not being met.   While there are the odd

Published In Whakatane Beacon

5 October 2016
Expectations on Pricing on Loan Applications

Expectations on Pricing on Loan Applications

Up until a few months ago the pricings on new lending was, to say the least, getting out of hand.  Lenders were offering huge cash contributions, reduced interest rates and other incentives

Published In Whakatane Beacon

21 September 2016
Ways to Sell your Home in the Current Market

Ways to Sell your Home in the Current Market

With the market being at such a frenetic pace it’s a good idea to review the pros and cons of each selling method.   SOLE AGENCY (EXLUSIVE AGENCY) – Vendors list their

Published In Whakatane Beacon

7 September 2016
Loans for Rental Properties

Loans for Rental Properties

When borrowing to invest in rental properties it is prudent for Property Investors to structure their loan to maximise any tax benefits.   PURPOSE OF LOAN:  It is the purpose of

Published In Whakatane Beacon

24 August 2016
New LVR Restrictions

New LVR Restrictions

In an effort to reign in house price inflation the Reserve Bank issued mandates to banks which are as follows 1) For owner occupied homes banks can have no more than 10% of their loan

Published In The Whakatane Beacon

27 July 2016
Big Mistakes

Big Mistakes

Big Mistakes   When making an offer to purchase a property where you need finance we are often scared of making a terrible and costly mistake.   Here are the top 10 most common

Published In Whakatane Beacon

19 July 2016
Wording on Sale and Purchase Agreements

Wording on Sale and Purchase Agreements

Wording on sale & purchase agreements   With the real estate market being so manic we are seeing a lot of clients wanting to make unconditional offers to secure their new

Published In Whakatane Beacon

13 July 2016
The Other Side of Funeral Insurance

The Other Side of Funeral Insurance

Recently on TV there was a discussion on funeral insurance.  It was felt that insurance companies pressured people to purchase funeral insurance.  It was estimated that if funeral

Published In Whakatane Beacon

29 June 2016
Probability V's Impact

Probability V's Impact

There are 2 reasons why we take out insurance.  We do it because we think something is likely to happen  OR we do it because if something did happen the impact on our financial situation

Published In Whakatane Beacon

15 June 2016
How Much Should I Borrow

How Much Should I Borrow

When looking to buy a new home inevitably one of the first questions asked by clients is “how much CAN we borrow?”.  This information is used to work out what price bracket they

Published In Whakatane Beacon

1 June 2016
HOW DOES A MORTGAGE BROKER SAVE YOU MONEY?

HOW DOES A MORTGAGE BROKER SAVE YOU MONEY?

A mortgage broker has many uses to people who require finance when purchasing a property.   They can provide options, reduce stress and save a lot of time. If they didn’t they

Published In Whakatane Beacon

19 May 2016
LOAN TO VALUE RATIOS

LOAN TO VALUE RATIOS

There has been so much talk in the news about LVR (Loan to Vale Ratio) restrictions but exactly what is an LVR and how is it calculated and more importantly how does it effect what we can

Published In Whakatane Beacon

4 May 2016
LESSONS FROM MISTAKES PAST

LESSONS FROM MISTAKES PAST

With the recovery in the housing market property investors are more active now than they  have been since the boom of 2008.  We have noticed the reappearance of property investment

Published In Whakatane Beacon

29 April 2016
BUYING AND SELLING TO THE CONDITIONS

BUYING AND SELLING TO THE CONDITIONS

Recent client experiences in the current competitive housing market made us think it was a good time to write an article about the importance of wording on Sale & Purchase contracts when buying

Published In Whakatane Beacon

13 April 2016
The cost of getting advice

The cost of getting advice

As Insurance Brokers we are asked to prepare plans and quotes for clients on different insurance products. Our primary concern when making a recommendation is having clients covered adequately and

Published In Whakatane Beacon

4 April 2016

BEING PREPARED

There has been a surge in buyers coming back in to the market with a larger number of real estate transactions.  With more competition amongst Buyers there is more pressure for them to

Published In Whakatane Beacon

23 March 2016

HEALTH INSURANCE PROVIDING ALTERNATIVES

When I became a parent over 20 years ago my husband and I decided to take out health insurance for the whole family.  This may seem a logical course of action for an Insurance Broker (which I

Published In Whakatane Beacon

8 March 2016
OFFSET VS REVOLVING CREDIT

OFFSET VS REVOLVING CREDIT

With the “Offset” Home loan gaining momentum in popularity we thought it would be a good idea to review what it has to offer and how it differs from other loans.   A

Published In Whakatane Beacon

24 February 2016
The Sale & Purchase Contract

The Sale & Purchase Contract

Signing a sale & purchase agreement requires a commitment from the Vendor (to sell the property) and the Purchaser (to buy the property).  Yet sometimes the Purchaser may not be serious

Published In Whakatane Beacon

12 February 2016
Goal Setting

Goal Setting

As we say goodbye to 2015 and look forward to 2016 the start of a new year allows us to stop and contemplate what we hope to achieve in the upcoming year.  This includes financial

Published In Whakatane Beacon

15 January 2016
The cost of NOT reviewing your insurance

The cost of NOT reviewing your insurance

  When we ask clients what personal (life, income protection, health, trauma etc) insurance they have they almost always cannot accurately identify what type of cover they have and at

Published In Whakatane Beacon

15 January 2016
INTERPRETING THE MARKETS

INTERPRETING THE MARKETS

Last week the Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 2.5 percent.  The reasons for this relate to the weak economic growth globally and the softened NZ

Published In Whakatane Beacon

16 December 2015
The Value of A Mortgage Broker

The Value of A Mortgage Broker

A recent commentary on a study commissioned by the Mortgage and Financial Association of Australia (Observations on the value of Mortgage Broking – prepared for the Mortgage & Finance

Published In Whakatane Beacon

2 December 2015
How Much Life Insurance Do I Need?

How Much Life Insurance Do I Need?

Here is another question that came through to us recently and 2 different points of view as to the “right” answer:   QUESTION:         What

Published In Whakatane Beacon

27 November 2015
HOW MUCH TRAUMA COVER SHOULD YOU HAVE

HOW MUCH TRAUMA COVER SHOULD YOU HAVE

Recently we attended a seminar on calculating how much trauma insurance cover should you have.  The result was – it’s impossible to calculate because it will depend on what Traumatic

Published In Whakatane Beacon

13 November 2015
Kiwisaver and Home-start

Kiwisaver and Home-start

There are some major frustrations and misunderstandings surrounding Kiwisaver and Homestart and this article will attempt to clarify some major points on both these initiatives.  The Kiwisaver

Published In Whakatane Beacon

9 October 2015
Vendor Finance

Vendor Finance

With recent changes in lenders policies in relation to above 80% lending it’s important to think outside the square and look at ways in which purchasers are able to buy a home if they

25 September 2015
Making Your Money Work for You

Making Your Money Work for You

Money – it’s something we strive to collect and we all believe in some way or other that the more we have the happier we’ll be.  Here are some ideas and tips on trying to keep

Published In Whakatane Beacon

11 September 2015
Interest Rate Averaging

Interest Rate Averaging

Interest rates are at historical lows.  Most expectation is that rates will drop even further but the question is how long will it take to reach it’s lowest and what will that lowest rate

Published In Whakatane Beacon

28 August 2015
ACC - What it Does Cover and What it Doesn't Cover

ACC - What it Does Cover and What it Doesn't Cover

Many of us treat ACC like a Tax.  While it is compulsory it is, however, insurance.  But what exactly does it cover and more importantly what doesn’t it?   ACC will pay for

Published In Whakatane Beacon

14 August 2015
Purchasing your First Home

Purchasing your First Home

First home buyers are amongst the most active home buyers at present.  Here are a few tips to help you prepare yourself to be in the best position to secure finance Be Realistic on your

Published In Whakatane Beacon

31 July 2015
Repeating Trends

Repeating Trends

With the collapse of the housing and financial markets  in the last few years we saw not only a lot of pain but we actually saw some good things happen.  Primarily the disappearance of some

Published In Whakatane Beacon

17 July 2015
Amendment to LVR Restrictions

Amendment to LVR Restrictions

Recently we did an article explaining the new Loan to Valuer Ratio (LVR) restrictions imposed by the Reserve Bank set to come in on 1/10/2015 – most predominantly the reduction of the maximum

Published In Whakatane Beacon

3 July 2015
How to Strengthen your Offer

How to Strengthen your Offer

We are noticing substantial movement on the property market in the Eastern Bay of Plenty.  Many of our clients are going to multiple offers.   So what can you do as a purchaser to make sure

19 June 2015
Revolving Credit for Property Investors

Revolving Credit for Property Investors

Revolving credit loans have had a pretty bad reputation.  It is a product that is sold on the promise of you being able to repay your mortgage in only a few years.  You do this by crediting

Published In Whakatane Beacon

5 June 2015
Recent Changes from the Reserve Bank

Recent Changes from the Reserve Bank

Last week the Reserve Bank announced changes to the loan to value ratio restrictions implemented in recent years to address the rapidly rising house prices in the Auckland market. At present Lenders

Published In Whakatane Beacon

22 May 2015
Insurance - The First to Go?

Insurance - The First to Go?

When times are tough and cashflow is tight it’s often the Insurance that is the first to be cancelled.  The reason seems to be that the client is unable to justify the expense as compared

Published In Whakatane Beacon

8 May 2015
Trust and Insurance

Trust and Insurance

Insurance agencies do not enjoy a great reputation.  Many clients will begrudgingly take up a policy believing that if a claim were to be made the insurance agency would try to wriggle out of

Published In Whakatane Beacon

24 April 2015
Making your Offer to Purchase a New Home

Making your Offer to Purchase a New Home

When making an offer to purchase a new home there are several people involved and this week’s article addresses some points to consider in relation to who is involved and how they are effect

Published In Whakatane Beacon

10 April 2015
Housing New Zealand Changes - 2015

Housing New Zealand Changes - 2015

As of the 1/4/2015 there are some significant changes for first home buyers in regards to the ability to access funds from their Kiwisaver, Government Grants and Finance options.  These

Published In Whakatane Beacon

27 March 2015
Loan to Value Ratios

Loan to Value Ratios

There has been so much talk in the news about LVR (Loan to Vale Ratio) restrictions but exactly what is an LVR and how is it calculated and more importantly how does it effect what we can do. LVR is

Published In Whakatane Beacon

13 March 2015
Workplace Insurance Schemes

Workplace Insurance Schemes

Workplace Insurance Schemes are a cost effective way for Employers to remunerate and reward their Employees.  A group insurance scheme is one that the Employer arranges for their staff.

Published In Whakatane Beacon

27 February 2015
Ten Year Fixed Rate - Good or Bad

Ten Year Fixed Rate - Good or Bad

Lenders are fiercely competing with each other to make themselves more attractive to clients.  While most are competing on price it is refreshing to see some lenders thinking outside the square

Published In Whakatane Beacon

13 February 2015
Assumptions in Insurance

Assumptions in Insurance

When people make complaints about insurance agencies the root cause of the complaint is inevitably  that the  “expectation of the client” is not met.  While there are the

Published In Whakatane Beacon

30 January 2015
How Can A Mortgage Broker Help You?

How Can A Mortgage Broker Help You?

No matter what age or stage a person is a Mortgage Broker can offer a huge value at no cost to anyone.  Here are a few examples: FIRST HOME BUYERS:   Mortgage Brokers act as Advocate and

Published In Whakatane Beacon

9 January 2015
Starting Out the Year Right

Starting Out the Year Right

The New Year is all about resolutions and goal setting.  But why is it that this time next year most of us will be making the same resolutions that we had this year?  If you don’t put

Published In Whakatane Beacon

2 January 2015
Just Do It

Just Do It

Nike would have to have the best advertising slogan of all time – Their “Just Do It” refers to the basic human failing of knowing what we should be doing but not doing it.

Published In Whakatane Beacon

19 December 2014
Christmas Rush

Christmas Rush

“All I want for Christmas……………………….” When purchasing a home around this time of the year the most common request from

Published In Whakatane Beacon

5 December 2014
Windfalls

Windfalls

We all dream of that Lotto Win but while the odds of this happening are slight the reality  is that over the years of having a mortgage most of us will have a windfall in some form.  It may

Published In Whakatane Beacon

21 November 2014
Current Markets

Current Markets

As expected last week the Reserve Bank have opted to keep the OCR at it’s current rate.  What is interesting is the indication that the Reserve Bank has softened their outlook and

Published In Whakatane Beacon

7 November 2014
Parents Helping Their Kids to Buy Their First Home

Parents Helping Their Kids to Buy Their First Home

Parents can be great mentors in financial management and there are several ways parents can help their kids to buy a home of their own.   KIWISAVER: Parents can get their kids in to

Published In Whakatane Beacon

24 October 2014
How Much Should You Borrow?

How Much Should You Borrow?

HOW MUCH SHOULD YOU BORROW?    When looking to buy a new home inevitably one of the first questions asked by clients is “how much CAN we borrow?”.  This

Published In Whakatane Beacon

3 October 2014
What Makes A Good Insurance Policy

What Makes A Good Insurance Policy

As with any type of insurance policy not all Health Insurance policies are the same.  Some are better, some cheaper and some offer features that offer little benefit.  But how do you spot a

Published In Whakatane Beacon

26 September 2014
Health Insurance

Health Insurance

20% of GDP is spent on our Public Health System.  This is double the average for other OECD countries and with Medical Inflation increasing at a breathtakingly rapid rate it doesn’t take a

Published In Whakatane Beacon

12 September 2014
Lending More Than 80%

Lending More Than 80%

With the relaxation of the Bank’s lending criteria on lending above 80% it would be pertinent time to compare the lending requirements for above and below 80% lending.  80% lending is not

Published In Whakatane Beacon

29 August 2014
Insurance Advisers - the Value they add Today

Insurance Advisers - the Value they add Today

We were talking with an insurance agency who has just brought on an online application that can be completed by Insurance Advisers (brokers).  It was brought up that with today’s

Published In Whakatane Beacon

15 August 2014
Loans for Rental Properties

Loans for Rental Properties

According to International Property Investor Dolf de Roos – New Zealand is a haven for property investors.  We have no Capital Gains tax on properties and have tax advantages on the

Published In Whakatane Beacon

1 August 2014
Building a New Home

Building a New Home

The idea of designing a new home that would suit our lifestyle and build our dream home would have to be a dream shared by many kiwis.  However building a new home differs from purchasing an

Published In Whakatane Beacon

18 July 2014
Being Prepared

Being Prepared

There has been a surge in buyers coming back in to the market with a larger number of real estate transactions. With more competition amongst Buyers there is becoming more pressure for them to

Published In Whakatane Beacon

4 July 2014
Getting Your Affairs in Order

Getting Your Affairs in Order

“Getting your Affairs in order”. . . The expression conjures stern faced Doctors addressing patients with devastating news that the patient is not expected to survive. But getting your

Published In Whakatane Beacon

20 June 2014