Posts Tagged ‘Trusted Advice’
Using Your Equity: No Cash Deposit Needed
Have you owned your property for 5-10 years and are now considering your next financial move? If so, it might be time to consider whether an investment property could be part of your retirement strategy. Many homeowners overlook the potential of leveraging their existing home to purchase an investment property, which can be a…
Read MoreHow you may be able to buy your rental off your landlord
Are you renting a property that feels like home? Perhaps you’ve considered the possibility of buying it from your landlord, turning that familiar space into your own. At Connect Me Mortgages, we’ve seen a growing trend in private sale transactions, particularly between tenants and landlords. If you’re interested in taking this step, we’re here…
Read MoreInterest rates expiring? What to consider when seeking advice.
As interest rates change, it’s crucial to reassess your home loan structure to ensure your money is working for you in the best way possible. Navigating the complexities of expiring interest rates and restructuring can be daunting, but with the right guidance, you can make informed decisions that benefit your financial future. In this…
Read MoreChanges to the Bright-Line Test
What is the Bright-Line property rule? If you sell a residential property within a set period of time after acquiring it, you may have to pay income tax on any gain on the sale, unless an exclusion or rollover relief applies. This also applies to New Zealand tax residents who sell overseas residential properties*.…
Read MoreBuying vs. Renting
Making the Right Decision in Today’s Market In the ever-evolving landscape of today’s property market, one of the most significant decisions facing individuals and families is whether to buy a home or continue renting. With fluctuating interest rates, changing market conditions, and personal financial situations, this decision is more complex than ever. At Connect Me…
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