Video Explainers

Not all upgrades to your home will add value, some will add more than others. Consider this if using your equity to improve your home

Alright, so you've just taken on a new job and you're also thinking about getting a home loan. Most people would think this is a terrible time to be actually starting the process. But you might be surprised that there are actually lenders who fully understand that people change jobs even more so in today's society and that this is a very valid time of your life to be considering getting a property purchase or refinancing your loan. So the things to think about here are typically what lenders will be battling with is if you're still on probation, that's usually a challenge, or if you haven't got your first pay slip, that will be a challenge, or alternatively, if you're operating in a new industry, that potentially is a challenge as well.

So you're looking to buy a place and hoping your parents might tip in? There are absolutely options and ways to structure that, which can be beneficial to you and not too much of a risk for your parents, but it really is important to involve them in the process early on. Quite often we see a child or children who come to buy a place and they're looking to get help from their parents, and they're really not bringing the parents on the journey early so that the parents can step through the options, understand the pros and cons of either gifting you some money, giving you some money on a short term loan, or even using an existing property via what's called a "family pledge product". So if you're planning to buy a property and you're looking to enlist your parents' help, make sure you get them involved early, make sure you're bringing a UNO broker who can help you sort of step through the options and what the pros and cons of each are.

Short video explaining some key steps to consider when using your equity to buy an investment property

Moving to Australia is actually the leading website in New Zealand for helping New Zealanders who are considering a move to Australia step through everything that they might need to do.