Residential investment
Were serious about property investment. If you are too, well get you together with a like-minded person at ANZ who not only understands property investment but is also likely to be a landlord as well. Theyll advise you on best practice models and help you to gain knowledge of the residential investment market.To find out more, ask one of our Residential Investment lending specialists or visit the New Zealand Property Investors Federation (NZPIF), the umbrella body for 20 local property investors associations from Whangarei to Gore. Weve been the NZPIFs principal sponsor for more than four years
See the results for the latest annual ANZ Property Investment survey, conducted by ANZ in association with the New Zealand Property Investors Federation for some interesting information.
- Getting into a residential investment property
- Understanding property investment
- Useful online resources
- Get pre-approved finance
- Understanding ownership structures
- What loan or combination of loans will suit you?
Getting into a residential investment property
You have two main options for buying residential investment property:- Use the equity in your own home
If you have enough equity in your own home, you may be able to use it to secure a loan for an investment property so you may not need a cash deposit. - Talk to ANZ about getting a home loan for your residential investment property
You may be eligible to borrow up to 80% of a propertys value to free up extra cash. A registered valuers report is required for lending over 75% of a residential investment propertys value.
Understanding property investment
For detailed information on property investing:- talk to an ANZ Residential Investment lending specialist. Our specialists are professionally and personally committed to investing in property most are part-time landlords, so they can see both sides of the coin.
- our learning centre offers advice on what to consider when buying a residential investment property.
- you can order a free Getting ahead with property investing CDROM online or by phoning
0800 ANZ HOME (0800 269 4663) , contacting an ANZ Mobile Mortgage Manager or visiting any ANZ branch.
-
New Zealand Property Investors Federation
www.nzpif.org.nz
The NZPIF is the umbrella body for 20 local property investors associations throughout New Zealand.
- Auckland Property Investors Association
www.apia.org.nz
A resource for Auckland property investment, including property investment seminars and member meetings.
- Tenancy Services
www.dbh.govt.nz/tenancy-index
Tenancy Services (part of the Department of Building and Housing) offers advice and information for landlords and tenants who rent their homes. It receives and holds bonds until the end of tenancies, provides dispute resolution services and administers the State Housing Appeals Authority.
-
Quotable Value
www.qv.co.nz/
Heres where youll find property valuations and local house prices.
- Consumers Institute
www.consumer.org.nz/
This is an excellent resource for learning about investing in apartments, building a home, buying and selling a home, insurance and security, general property investments, legal rights, property finance and retirement.
-
Real Estate Institute
www.reinz.org.nz/The Real Estate Institute of New Zealand is the professional body for New Zealands real estate industry. The site covers the latest real estate news and trends in the property market and provides tips on buying and selling property, the contact details of real estate offices and information on what to do if you have a complaint. - New Zealand Law Society and District Law Society
www.nz-lawsoc.org.nz/
Heres where you can find a lawyer and obtain general legal advice on topics such as buying and selling property.
With an ANZ pre-approved home loan certificate, youll have our conditional approval to borrow up to a certain amount. The certificate will be valid for 120 days from the date of issue and have some specific terms and conditions.
To find out more about or apply for an ANZ pre-approved home loan certificate:
- send an email to one of our residential investment lending specialists
- phone an ANZ Mobile Mortgage Manager. Our team of Mobile Mortgage Managers is on call seven days a week and theyll come to you at a time and place that suit you
- visit any ANZ branch.
Understanding ownership structures
The ownership structure you choose for your residential property investment will depend on your own circumstances and goals. Things to consider include:- flexibility over time
- simplicity a complex ownership structure isnt always necessary
- the ability to introduce other participants
- the growth of your property investment portfolio
- taxation
- the ability to exit.
- It enables you to separate your business activities from your personal interests so your personal assets can be protected if anything happens to your business.
- You may benefit from tax advantages. The current company tax rate is lower than the top individual tax rate.
- It makes it easier to treat your residential investment property like a business.
Structuring your property and other investments is an important part of an overall financial plan. Your accountant and lawyer will help you to decide on the best structure.
What loan or combination of loans will suit you?
We offer a wide selection of home loans, packed with flexible features that help to make managing your loan easy. Take a look at the loans available.
|
|
||||||||||||||||||||||
|
|||||||||||||||||||||||
ANZ lending criteria, terms and conditions and fees apply to all loans.
You can ask for more information, including full terms and conditions for all of ANZ's lending products and a current Disclosure Statement, published by ANZ National Bank Limited, at any ANZ branch.
You need Adobe Reader to view PDF files. You can download Adobe Reader free of charge.