Why Lockhart Mortgages Limited?
Greg has owned and managed his own residential investment properties across New Zealand for over 20 years, and also has 26 years banking experience in residential property lending. He understands what the banks’ require for Investment loans. Lockhart Mortgages has already helped hundreds of clients secure their investment property loans and can help you too.
It’s now harder to invest in the Auckland property market than ever before, so having the right broker, who knows the market and the new lending rules imposed by the Reserve Bank and by Government on NZ Banks, is now more important than ever.
How do we work with you?
Lockhart Mortgages will work with you every step of the way, from assessing your options to helping you ensure you have all your “ducks in a row” prior to your property settlement date.
Our experienced brokers don’t just get you a loan approval and a great rate, we are here giving you the benefit of our experience and advice to guide you through your next purchase, ensuring your future is secure.
Property investment in New Zealand has been a popular choice for everyday New Zealanders for many years now. With no capital gains tax after 5 years of ownership and previously good tax incentives through Look Through Companies (LTC’s) there was good reason that property has been our main choice of investment.
Now, more than ever, there are more challenges to buying investment properties, especially in the Auckland market, with low yields, recent changes that ‘ring fence’ any loses on investment property and new Reserve Bank regulations, such as increased capital requirements on the Banks. Plus New Zealand has a number of new Government regulations coming into force to protect tenants that are potentially discouraging property investment going forward. So whether it’s your first or 21st investment property, you need to make sure your finance is structured correctly.
To ensure you get the best return on your investment you need to surround yourself with professionals who can help you realise your goals, so make sure you choose your “Team” well from day one.
You will need the following:
- A good mortgage broker (that’s us!)
- An accountant with a good understanding of property investment and the related tax rules
- A solicitor firm with experts in property law
- A trusted real estate agent who understand the property type you are looking for
- A property manager who will help you maximize your rental return while guiding you through the complexities of the tenancy act and new tenancy regulations
- An insurance adviser who understands the policy wording for landlords cover.
At Lockhart Mortgages we have decades of experience in residential investments and we have partnered with specialists in all the professions you need to ensure your investment is tailored to your requirements and you are off to the best possible start with your new investment.
Are you happy with your current mortgage provider? Are they giving you their best deal? Did you review the market last time your mortgage interest rate expired?
If you answered “No” to any of these questions, Lockhart Mortgages is here to help. Our procedure is always to check in with you at every interest rate expiry date. We ensure you are getting or being offered the best deal for you, as we are dealing with all the major banks on a daily basis.
If you want to talk to us about getting a better lending deal than you currently have in place, we have the experience and expertise to help.