Sovereign Home Loan Fixed Rates Reduced….
Sovereign have reduced their home loan interest rates across fixed rates for the 12 month, 24 month, 36 month, 48 month and 60 month terms.
Please see the old and new fixed interest rates below:
|
Term |
Old Rate |
New Rate |
|
12 months |
5.80% |
5.70% |
|
24 months |
6.00% |
5.85% |
|
36 months |
6.30% |
6.10% |
|
48 months |
6.70% |
6.50% |
|
60 months |
7.10% |
6.90% |
Call us now on 04 5288 088 for more detail on what makes the Sovereign Go Home Loan such a great product for you!
Click here to view our disclosure statement.
Click here to email Thorners or Call Us on (04) 528 8088
November Newsletter
Important update regarding Ansvar Insurance.
Click here to view our disclosure statement.
Click here to email Thorners or Call Us on (04) 528 8088
Chance to win a share of $15,000 to live the life you want…..
Play the Sovereign Life’s Choice Game and be in to win a share of $15,000 to live the life you want.
Visit Sovereign’s website www.sovereign.co.nz/chooselife/#/start to enter the competition and be in to win!
If you are not currently a Sovereign client, contact us for Life Insurance quotes and to arrange an application now! Sovereign also offer very competitive home loan options that have no transactional fees. If you are contemplating a new purchase or have a fixed rate rollover coming up, speak to us now about your options.
We are award winning insurance brokers who service clients nationwide, so if you desire service excellence, contact us for a full insurance review soon.
Click here to view our disclosure statement.
Click here to email Thorners or Call Us on (04) 528 8088
Thorners August 2011 Newsletter
Lean about Contract Works requirements when doing rennovations on your house!
Read our newsletter now if your looking for a new home for your mortgage?
Click here to read our August newsletter.
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Click here to email Thorners or Call Us on (04) 528 8088
The importance of Landlords insurance cover…..
Are you a landlord?? Do you have specialised comprehensive Landlord insurance cover in place?
The protection that a Landlord plan offers is additional to that of a house insurance policy. Insurance policies have certain limitations, exclusions and conditions. Landlord Plans can offer you the financial protection you need against the loss or damage to your property as a result of malicious damage, vandalism or theft by your tenants(s)…… click here to read about the tragic story of a NZ couple who did not have such cover in place .
Contact us today if you do not have any specialised Landlords cover in place on your rental property(s)!!
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Click here to email Thorners or Call Us on (04) 528 8088
Do you only have 10% deposit but want to buy a house now…?
Now you may be able to!
Many lenders have recently changed their criteria and now 90% and sometimes even 95% home loans can be approved (subject to meeting lenders criteria).
Contact us today to discuss your situation and how we may be able to help you get into your first home sooner than you think!
Click here to view our disclosure statement.
Click here to email Thorners or Call Us on (04) 528 8088
KiwiSaver First Home Buyer Incentives now available
The 3rd Anniversary of KiwiSaver also marks the commencement of the first home purchase withdrawal facility and the first home purchase subsidy. From1 July these benefits became available to eligible members.
SAVING FOR YOUR FIRST HOME WITH KIWISAVER
While KiwiSaver is mainly about saving for your retirement, there are 2 benefits for KiwiSaver members who are saving for their first home.
Benefit 1: Savings Withdrawal To Buy A Member’s First Home
To help members with a deposit for their first home, they may be able to withdraw some or all of their KiwiSaver savings (except for the $1,000 kick-start and member tax credit).
Eligible criteria:
• You must have been a KiwiSaver member or a member of a complying fund for three or more years.
• You can only withdraw money to buy your first home – not an investment property.
If the member owned a home before, in some circumstances they may still be eligible to withdraw their savings. For more information the member can visit the Housing New Zealand website www.hnzc.govt.nz or call them on 0800 801 601 to determine if they are in the same financial position as a first home buyer.
Benefit 2: KiwiSaver First Home Deposit Subsidy
From 1 July 2010, after 3 years of contributing to KiwiSaver, members may be entitled to a first home deposit subsidy. The subsidy is administered by Housing New Zealand NOT the KiwiSaver provider.
The first home deposit subsidy is $1,000 for each year the member has been contributing to KiwiSaver, up to a maximum of $5,000 for five years. If they are a couple buying a house together and they both qualify for a subsidy, they can receive a combined subsidy of up to $10,000. Income and house price caps will apply.
To be eligible for the first home deposit subsidy, the member must:
• have contributed at least 2% of their income to a KiwiSaver scheme, or a complying superannuation scheme, for at least 3 years
• be buying their first home*
• be planning to live in the house for at least 6 months.
* If they have owned a home before, in some circumstances they may still be eligible for the first home deposit subsidy. Housing New Zealand will need to determine that they are in the same financial position as a first home buyer.
To find out more, visit the Housing New Zealand website www.hnzc.govt.nz or call them on 0508 935 266
After They’ve Bought Their Home
Once they have made a withdrawal from their KiwiSaver account to buy their first home, they will remain a KiwiSaver member.
Click here to view our disclosure statement.
Click here to email Thorners or Call Us on (04) 528 8088
Have life insurance but no Will?
Everybody with assets, particularly life insurance, needs to have a Will. Follow this link for some wise words.
Talk to your legal professional if you need further advice.
Click here to view our disclosure statement.
Click here to email Thorners or Call Us on (04) 528 8088
KiwiSaver – the key to your first home
As we approach the third anniversary of KiwiSaver, many New Zealanders will be thinking about the tax free government housing subsidy available from 1 July 2010 – just one of the many benefits of KiwiSaver. In addition, members will be able to apply to withdraw their contributions to buy a first home or purchase land to build a first home. So, how does it work?
First home deposit subsidy
After 3 years of contributing at least 2% of their income to KiwiSaver, members will be able to apply for a one-off grant* of $1,000 for each year they’ve contributed to KiwiSaver. The subsidy increases by $1,000 per year up to $5,000. So, if they successfully apply for the subsidy after 5 years of contributing to KiwiSaver, they will receive $5,000. Eligible couples can also combine their subsidies up to $10,000.
First home withdrawal
After 3 years of being invested in KiwiSaver, members will be able to withdraw their own contributions and their employer’s contributions for a home deposit (excluding the $1,000 kick start and Member Tax Credits). It must be their first home not an investment property. There is no minimum contribution amount to be eligible for the first home withdrawal. And for those second home buyers, they may still be eligible to withdraw their contributions if they’re in the same financial position as a first home buyer.
If members are eligible for this fantastic offer, they’ll stay a member of KiwiSaver and continue to grow their savings while taking advantage of the scheme’s other great benefits.
For more information visit www.hnzc.co.nz or www.kiwisaver.govt.nz
* Income, house caps and other eligibility criteria apply.
Contact Thorners if you need any advice on KiwiSaver.
Click here to view our disclosure statement.
Click here to email Thorners or Call Us on (04) 528 8088
Thorners April 2010 Newsletter
Click on the link below to download our latest newsletter which features KiwiSaver.
Kiwisaver turns three very soon and has a huge following.
Click here to see why in the april newsletter
Click here to view our disclosure statement
Click here to email Thorners or Call Us on (04) 528 8088
Click here to view our disclosure statement.
Click here to email Thorners or Call Us on (04) 528 8088
