What's Your Situation?
Investing in Residential Property
If you're thinking of becoming a landlord, thorough planning is essential to make
sure you get the most from your residential investment property. Key considerations
include:
- You may be able to use the equity in your home to invest in property.
- Interest only repayments
are popular for residential investors who are expecting a capital gain or another
source of income to pay off the home loan. Our maximum Interest only term is 10
years.
- You may be able to receive tax benefits depending on the ownership structure you choose (for example in your own name,
a family trust or using a Look Through Company). We recommend you contact a professional
financial advisor such as an accountant or financial planner to discuss these options
- For borrowing over 75% of a property’s value, a Registered Valuer’s Report is required.
What next?
Check out our comprehensive set of tools and resources for residential investors
in our Home Buyers Centre including
our competitive interest rates.
You may wish to apply online for a
conditionally pre-approved home loan to get an indication of how much you
can spend on a home before you start looking. Or,
apply online for a home loan now.
Call 0800 185 185 to talk to a lending specialist, find a
Mobile Mortgage Manager near you,
e-mail us or come into any branch.