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Capital growth has been at 12.5 per cent annually for the past several years, meaning that New Zealand has the second-most-expensive real-estate market in the world, after Australia, in relation to household income - although prices are still perfectly affordable by most British standards.
Mortgages are available in New Zealand for non residents.
Proof of Income: required in all cases (can be made up of Earned Income, Pension, Investment or Rental Income. Please note however, it is not always the case that the Lender will take all or part of these Incomes into account when determining the maximum loan available). Non-Status loans are currently not available.
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* Max age 65
* Max 80% LTV
* Min loan NZ$100,000
* Rates from approx 8.00%
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* Maximum Term 20 years
* Currencies: New Zealand Dollars
* Repayment only
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Apply Here: We use Conti Financial to help arrange your mortgage. Please complete their enquiry form and supply as much information as possible to help them to find you your ideal mortgage in New Zealand or any other country.
Think carefully before securing other debts against your home. Your home or foreign property may be repossessed if you do not keep up repayments on your mortgage.
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