Seasons greetings.

As we wind up  to a feastive season break I would like to thank  our clients, and professional partners for their support this year.

Thanks too all our lending partners for your support. 2018 has been a little more challenging, with lenders taking a strong focus on the Responsible Lending Code to ensure borrowers are capable of meeting their obligations in respect to debt levels. This has meant at times looking outside the square of  mainstream lenders to ensure we can source funding for our clients. 

2019 will bring no doubt further changes in our lives and at Mortgagelink Coastwide we are here to advise on those financial changes you  may be looking at with your mortgage facilities whether new or existing. .

Our office will be closed Friday 21st Dec through until Monday 14th Jan 2019, however I will be available over the festive/ holiday break on mobile & email should you or your riends wish to talk through mortgae funding, personal & asset risk and Kiwisaver options during that thoughfull time!!!!!

Have a safe & enjoyable time with family & freinds, 

 Tony

New Zealand's collective household wealth has soared in value over the past decade, thanks mostly to an increase in the value of property assets. According to Statistics New Zealand, the net worth of New Zealand households rose from $886 billion in 2007 to $1.5 trillion today, a jump of 69 percent. Kiwis are not feeling the direct effects of these riches, however, with wealth tied up in real estate and pension funds, household debt levels high, savings rates low, and the distribution curve far from equal.

The end of a historic tax break for New Zealand landlords could have unintended negative consequences for tenants. While stopping the tax break on loss-making rental properties has been designed to even the playing field between investors and first-home buyers, costs are likely to get passed down to tenants. If the situation does improve for first-home buyers as a result of the changes, renters may also be adversely affected due to a decrease in the amount of affordable housing stock. 

Home sizes are shrinking across the western world, with rising populations, apartment living, and increasing prices putting renewed pressure on the size of the family home. While smaller houses are not necessarily cheaper, they do provide people with more choice in overheated property markets. Rather than seeing shrinking homes as a negative consequence of unsustainable population growth, people are embracing the trend for high quality, high density homes that just happen to have a smaller footprint.

Some people wake at the crack of dawn to exercise, with others waiting until after work in the late afternoon or evening. While exercise is great at any time of the day, it seems our internal body clocks can have a huge effect on the amount of calories that we burn. Finding the perfect time for your fitness regime is part art and part science, with each person needing to match their personal preferences with universal circadian rhythms and innate human physiology.

The recent death of an American missionary on a remote Indian island has brought the world's untouched tribes into the spotlight. Commonly referred to as uncontacted or lost tribes, this small group of indigenous peoples face numerous threats from the outside world. There are currently thought to be around 100 tribes living completely cut-off from modern civilisation. Most of the tribes live deep in the Amazon rainforest, with others existing in the Congo, the mountains of New Guinea, and islands off the coast of India.