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What New Zealand Mortgage Solutions Can Do For You

We are mortgage brokers who specialise in providing New Zealand and Australian finance.

We are accredited with 21 New Zealand banks/lenders and accredited with over 35 Australian lenders. This gives us and you an advantage.
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Mary O’Brien’s career in finance spans more 21 years with successful businesses in Australia, New Zealand, UK, Ireland and USA. Mary is accredited with 35 Australian banks/lending institutions for Australian properties and 21 New Zealand banks/lending institutions for New Zealand properties.

Mary O’Brien

Mortgage Broker
For 21 Years We Have Been Helping New Zealanders, Australians and Other Nationalities Find the Right Loan from the Largest Panel of New Zealand’s Leading Banks and Lenders

Happy Clients

Gill

COVID 19 Assistance Thank You From Gill from UK assisting them with their Queenstown mortgage to revert to “Interest Only COIVID repayments” for 6 months cause of no tourists or occupancy. A lovely surprise to receive these beautiful flowers
Read Our Case Studies

I Want A New Zealand Mortgages?
Where Do I Start?

We have compiled a handy checklist of you so you can begin to understand the process involved in getting a New Zealand mortgage.

We the recommend you read the section about NZ home loans and then take a look at our case studies to get an idea of the wide range of people we have helped.

New Zealand Mortgage Can Help You:

  • Before you go to New Zealand.
  • During the procedures when you visit New Zealand.
  • Obtaining valuation from Registered Valuers in New Zealand to enable unconditional approval.
  • Ensure solicitor, bank, valuer and New Zealand Mortgages Solutions all help clients towards settlement.
  • Visit our useful links page for important websites you will find useful.

Media Releases by Mary O'Brien of New Zealand Mortgage Solutions

“Putting Down Roots” Australia New Zealand Magazine UK July 2018
Mary O’Brien writeup for people permanently moving to NZ re purchasing their “dream property” and obaining a mortgage
“A New Life In Auckland” also “Where to Live” Australia New Zealand Magazine UK December 2017
Mary O’Brien not only writes about the qualities of Auckland but also “Where to LIve” outlining CBD, North Shore, East, West and South areas of Auckand with house values, schools and health
“Move to Auckland” by Mary O’Brien Australia New Zealand Magazine UK September 2017
Mary O’Brien writes about the change to move from overseas to Auckland with great information on high quality Education, Great Job Opportunities, Property Information and Great Relaxed Outdoor Lifestyle Auckland offers
Bang for buck: Australians looking overseas for affordable housing
Australian Financial Review 7-8 January 2017 - Mary O’Brien’s clients Chris and Jamie who reside and rent in Coogee Sydney constructed a 4 bedroom Queenstown ski chalet with beautiful snowcapped mountain views behind and lake views from the front for only NZ$1.3 Million. Where would you get anything like this in Australia for that price - read the very interesting writeup interviewing Chris and Jamie plus a small writeup on Mary O’Brien New Zealand Mortgage Solutions.

Winter Greetings from Mary

NZ Winter means beautiful picturesque snow in the skifields (Queenstown being one of the best skifields in the world), "evergreen" New Zealand with the clean sheep, farmland, forests, warm thermal pools in Rotorua and picturesque residential landscape colour.

NEW ZEALAND IS A GREAT PLACE (PERHAPS THE BEST AND SAFEST COUNTRY IN THE WORLD) TO LIVE IN 2021. We are back to Normal Life Again, i.e. unlimited numbers at sports, entertainment and public gatherings. Our border is open again to Australians but still closed to the rest of the world. New Zealand is great for lifestyle, jobs, education and property.

FINANCIAL NEWS - Mortgage Interest Rates are an all time low with steadily declining fixed rates as low as 2.20%. There is no predicted "crystal bowl" for future short term fixed rates, but economists predict to remain low until sometime in 2022 The Reserve Bank has on 26 May indicated perhaps a slight chance of OCR change mid 2022. Recently long fixed term rates (4 and 5) have increased worldwide. Investors - May 2021 the Reserve Bank has instructed all banks maximum 60% finance for all investors (exception new builds). In March 2021 the Government made a large announcement - the phasing out of interest deductibility on rental income for any investment purchased from 27 March. Investment properties owned before 27 March 2021 will have interest phased out over 4 years reducing by 25% per year and gone by April 2025. See Accountant Withers Tsang newsletter and IRD attachments below, The Government also doubled the Brightline Tax timeline from 5 to 10 years (except new builds). This will reflect on future purchases being for first home buyers and owner occupiers and perhaps properties may decrease slightly.

PROPERTY MARKET - As at 1 June 2021 New Zealand average median house increased in the past 12 months 20.5% to $890,848, Auckland Region increased 16.5% to $1,,265,071, Tauranga increased 22.2% to $968,342, Wellington Region increased a huge 27.2% to $1,001,732, Nelson increased 15.3% to $758,808, Christchurch increased 18.5% to $612,988, Queenstown Lakes District increased 3.9% to $1,344,802, Dunedin increased 17% to $646,313, Invercargill a huge increase 22.1% $427,391. The strongest NZ performers were Wairioa 52% to $381,026, Rangitikei an increased 51.7% to $432,42, Tararua (near Ohakune) 49% to $420,591, Gisborne 36% to $590,915, Whanganui 35.2% to $500,313. Since Government March 2021 announcement the investors have stalled and First Home Owners have "cooled off" waiting for prices to fall and being cautious.

FIRST HOME BUYERS - Contact Mary to inquire on using some of your deposit from your Kiwisaver Superannuation. Refer to Housing New Zealand website to see if you quality www.hnzc.co.nz. There are purchase price and personal income limits. Up to 90% finance (conditions apply)

REMEMBER ALL NONRESIDENTS MUST HAVE A NZ TAX FILE NUMBER BEFORE THEY SETTLE ANY NEW ZEALAND PROPERTY and must provide their overseas tax file number.

ALL INVESTORS BEWARE OF THE "BRIGHT LINE TEST" now to 10 years (since March 2021) ownership of investment property (i.e. if you purchased investment property after October 2015 Also this test has changed twice since 2015) See The Inland Revenue Department will require income tax to be paid on any gains and will be taxed at the seller's normal income tax rate. See IRD attachment dated March 2021.

NONRESIDENTS PURCHASING PROPERTY IN NZ - There is a ban of nonresidents purchasing "existing residential properties" - with the exception of New Zealand, Australian and Singaporean citizens). Nonresidents purchasing new properties are acceptable.

RENTAL AND VALUES: When you look at such a diversified value in New Zealand and look at rental return on the Government website (outlined on this website "Useful Links"), you will see the capital growth and rental returns that suit you pertaining to the New Zealand location you wish to purchase.

REMEMBER THERE IS NO STAMP DUTY AND NO LAND TAX in New Zealand. You normally require your deposit for the property plus approximately NZ$1,500 legals to NZ solicitor to acquire a New Zealand property.

Refer to my "CASE STUDIES"on my website with great client comments and stories from residents residing in New Zealand. Also many Australian and Ex Pat Kiwis residing in Australia investing or moving to New Zealand.

CONTACT MARY from New Zealand Mortgage Solutions Pty Ltd for a preapproval from a choice of 21 leading New Zealand banks/lenders.

Important Reading:

New Zealand Finance Updates

ANZ Property Focus Forecast Rates House Economy 22 May 2021
- See page 12 to 13 on Rates and Forecast
Economist Tony Alexander On Housing Announcement Page 4 On 25 March 2021
- Top NZ Economist summarises the Government new rules for property investors. Read page 4 onwards
One Punch To Property Investors Accountant Newsletter Re Tax Changes March 2021
- Accountant Mark Withers outlining to Property Investors the drastic action taken by the Government. Refer Links for the IRD (tax) regulations

Market Updates:

- We are one of the safest "COVID" locations also. We are back to Normal Life Again, i.e. unlimited numbers at sports, entertainment and public gatherings. Our border is open again to Australians but still closed to the rest of the world. New Zealand is great for lifestyle, jobs, education and property.
Core Logic June House Vals Market Pace of Growth Slowed In May
- Core Logic News Property Statistics & Property Market Growth Slowed in May 1 June 2021
Core Logic NZ Price Index All Areas Statistics 1 June 21
- Core Logic Report Property Values 1 June 21
Interactive: Hot Housing Market Has NZ At Fever Pitch 31 May 21
- Since May 2020 read % increase in NZ locations, hottest property, greatest increase, Low Interest rates and New Budget Laws
ANZ Property Focus Forecast Rates House Economy 22 May 2021
- Very interesting on Mortgage Rate Forecasts page 13 and 14
Fewer Investors BiddingWhy First Home Buyers In Retreat 26 May 21 One Roof
- Since Government announcement in March there is hesitancy in the market
Property and Labour Market Tony Alexander Economist View 6 May 2021
- Strong Labour Market and Detailed Property Market Update
National NZ Property Sales Decline April 1.8% 12 May 2021
- Median Dwelling Price Declined 1.8% in April
Only 4 districts Auckland average values less than $1Mill 5 May 21
- Auckland values with only 4 areas less than $1 Million
- NZ Unique Town Emblems Lemon & Paeroa, Gumboot, Carrot, Kiwifruit, Dog & Sheep, Donut, Trout and Paua Shell
First Home Buyers New Housing Policies Should Give them hope 24 Mar 21
- Very interesting on Mortgage Rate Forecasts page 13 and 14

Get in touch with Mary

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    Content on this website is general in nature and is not a recommendation, opinion or guidance to any individuals in relation to acquiring or disposing of a financial product. Readers should not rely on this content and should always seek specific financial advice appropriate to their own individual circumstances.

    Professional Investments Limited New Zealand (Financial Services Provider Register No. FSP768358 NZ Companies Office)

    Mary O'Brien is a Registered New Zealand Financial Adviser (Financial Services Provider Register No. 43497 NZ Companies Office) 

     Mary O'Brien is a Credit Representative (Credit Representative No. 398565) of Ozloans Finance Pty Ltd ABN 56 090 913 607 (Australia Credit Licence No. 391829)

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