Mortgage Advice
We help you get a New Zealand mortgage and then we help you get rid of it
Whether you want a great deal on a new mortgage, or you are looking to refinance your existing loan, we can help.
We’re experts in negotiating smart mortgages that are low cost, flexible and protect against interest rate rises. Low interest rates may be enticing in the short term, but the right structure will save you tens or even hundreds of thousands over the life of your mortgage.
If you’re new to New Zealand, we’ll guide you through borrowing requirements and the local house buying process and negotiate with lenders to get the best loan for you.
Why choose Windsor Wealth?
● All hustle, no hassle - When it comes to finding the right mortgage there’s no substitute for hustle, so let us do the running around for you. We work with 33 lenders with different policies for different situations, so we can help you apply to the right lender, the first time.
● Shave years off your mortgage - We don’t just help you get a mortgage, we help you get rid of it. That’s why we look beyond interest rates to the best mortgage structure for your personal situation, saving you thousands and taking up to a decade off your mortgage.[1]
● Step-by-step guidance - We guide you through the purchasing process, from arranging pre-approval, preparing valuations and paperwork, to making an offer, bidding at auction and arranging settlement. Our goal is to help you have a stress-free and enjoyable purchasing experience.
● A mortgage that supports your financial goals - As chartered accountants and financial advisers, we look at how your mortgage fits with your overall financial plan. That means not just considering what you’re paying now, but what you’ll be paying in the future and how that will impact your KiwiSaver and insurance needs.
Contact us on 0508 WINDSOR (0508 946 3767) for hassle-free mortgage advice that could save you thousands.
“Warrick kept his hand on the pulse for us throughout the whole process, from pre-approval, through the ups and downs of searching for a house in a tough market, and all the way to the settlement day and beyond. He was very proactive in his approach and extremely reliable, checking in with us and providing regular updates. Above all, Warrick has been so nice to deal with and was more than happy to answer any questions we had. We really enjoyed working with him and the support he provided us throughout the process was awesome! It's obvious that the team at Windsor Wealth love what they do and we look forward to working with them for many years to come. We cannot recommend them highly enough!”
- Asia Druzbicka
Mortgage FAQs
How much can I afford to spend on a home?
It’s hard to say but if you talk to us about your situation, we can advise you within minutes on what your indicative borrowing limit will be.
How do mortgage brokers get paid and do they charge me fees for their service?
Mortgage brokers earn commission from the banks so there is no fee to clients.
Should I just go in and see the bank myself?
Mortgage brokers are likely to get you a better deal, and will understand the banks that have the best credit policy for your situation. That’s important because every application or credit inquiry hurts your credit rating, so we need to pick out the best two banks and apply to them. Good mortgage brokers will also advise you on how to reduce your mortgage and reduce the profit for the banks which will be your gain.
Should I have a credit card to prove my credit worthiness?
No, this is a myth and the truth is the credit card will count as a negative in your mortgage application
I’m thinking of immigrating to New Zealand and I want to buy a home. Where do I start?
Start talking to us ASAP, so you can learn what you can borrow, when you can borrow it, and what actions you should take now to make your application appeals to lenders later on.
Can a non-resident get a mortgage in New Zealand?
Yes, it is possible. You can apply for an Overseas Investment Office exemption at a cost of approximately $2,000. We can guide you through this.
Do I pay tax in New Zealand on the sale of my UK property?
No a UK property sale is not considered an income to be taxed in New Zealand, but you may have to pay capital gains tax in the UK.
Does my UK rental income count when getting a mortgage in NZ?
Yes it does with most banks, but it will be scaled down in the calculation and UK expenses would also be taken into account.
Do I need to pay any fees when buying a property in NZ?
There is no stamp duty, but you will likely have solicitors’ costs of approx $1,200 plus GST (15%). However, some banks offer a cash contribution that recently has been around 0.6%-0.7% of the loan amount.
Contact us on 0508 946 3767 (0508 WINDSOR) to book a complimentary consultation and get your mortgage questions answered.
“Coming from the UK and new to the NZ mortgage process and housing market we needed a lot of hand holding! Brett and Warrick were responsive, shared their knowledge and expertise freely, and quickly secured us a mortgage with very few conditions – seeing the process through from start to finish. I’d highly recommend them.”
- Tracey Finch