Let's Talk Property - SUMMER 2024 ISSUE 05

Let's Talk Property Your Local Property Digest

SUMMER | Q1 2024 ISSUE NO. 05

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Contents Let's Talk REAL ESTATE How Accurate are Online Property Valuations?...........................................................Pg 04

Let's Talk INSURANCE Home Sweet (Protected) Home.............Pg 06

Let’s Talk ARCHITECTURE Multi-Unit Development.............................Pg 08

Let’s Talk NEW BUILDS Fortune Favours the Subdividers...........Pg 10

Let’s Talk BUDGETING Unlocking Home Ownership: The Power of Budgeting..............................Pg 12

Let’s Talk LEGAL Should I get a LIM?...........................................Pg 14

Let’s Talk MORTGAGES Mortgage Link....................................................Pg 16

Let's Talk Property Your Local Property Digest SUBSCRIPTIONS Email: subs@letstalkproperty.co.nz letstalkproperty.co.nz ISSUE 05 | Page 3

Let's Talk Real Estate How accurate are online property valuations?

In the property world, online valuation websites have been a game-changer for information starved buyers and sellers. But while these sites contain lots of useful property info, their estimates are still just one piece of the fair-market-value puzzle.

Here are some key points to consider with online valuations...

1. No one has physically looked at the property.

Some houses you walk into and fall in love with and it can be hard to explain exactly why. No two houses are the same. If you are comparing apartments or terraced houses with other similar properties, then values may be easy to estimate But in an area with standalone properties of varying ages, that have had extensive renovations over the years, it's harder to compare apples with apples.

Once you go further and add in micro-location variables like school zones and sun aspect, the result is a wide possible value range for each and every property.

2. The market moves quickly.

It could be risky to let a computer algorithm determine how much you should pay for the biggest asset you will ever buy. Especially when no one from that valuation website has visited the property in person. You can learn local real estate values better than any computer program by undertaking your own market research.

In our information age, markets move fast. Online property valuations however are based on settled sales, which may have sold months ago. That doesn't mean you shouldn't pay attention to what they say, it just means you should keep your eyes on what's happening right now.

There are some things computers can't measure.

Algorithms can't take into account the condition of the property and other critical factors that influence value like ease-of-access, sun aspect or the general feel of the home.

Follow up with salespeople and ask what properties you recently visited ended up selling for. Go along to property auctions when you can, even if you aren't bidding to see what properties are actually selling for today.

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Some houses you walk into and fall in love with and it can be hard to explain exactly why.

No two houses are the same.

3. Properties are worth different amounts to different people.

Ask yourself: Are you going to live in the home or are you an investor?

Do you have family living close by? Is it in a school zone you want to get your kids into Do you have a deadline to move by?

These are all factors that can lead to one buyer being prepared to pay a lot more than another for the same home. If you follow the estimate, you might end up paying too much.

We have seen online valuations which grossly over-estimated the selling price of a property, too.

The best way to work out what a home is really worth is to find out what similar houses have sold for nearby and decide how they compare to the property you are considering.

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In conclusion, the more information you have, the better. Online property valuations are a useful tool, but they are just one part of the bigger picture.

It's important to be aware of the shortcomings and remember that they aren't perfect. If your gut tells you the property is worth more or less than the online estimates, then trust your instinct and back it up with your own market research.

Article by Vanessa Jardim Business & Territory Owner Mike Pero Millwater • Milldale • Silverdale • Long Bay 021 614 771 | vanessa.jardim@mikepero.com

Let's Talk Insurance

The importance of mortgage protection & life insurance when buying a home Home Sweet (Protected) Home Congratulations on deciding to buy a home! It's a big occasion and a significant milestone in life. As you embark on this exciting journey, it's essential to consider the security of your investment and the well-being of your loved ones. Mortgage protection, life insurance, and trauma cover are vital tools to ensure your family's financial stability in the face of unforeseen events. We can now explore the importance of these insurance policies and how they can provide peace of mind for homeowners.

Mortgage Protection Insurance: A Safety Net for Your Investment Mortgage protection insurance (MPI) is designed to safeguard your home by paying off your mortgage should you contract a dreaded disease or become totally or permanently disabled. This type of insurance ensures that your family won't have to worry about losing their home if life takes an unexpected turn. Here's why it's essential: Keeps your family in their home: Mortgage protection insurance can pay off your mortgage, allowing your family to stay in heir home without the financial burden of monthly payments.

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It provides a safety net that ensures your loved ones can continue living in the home you worked so hard to provide.

Offers peace of mind: Knowing your mortgage is protected can relieve stress and anxiety about the future. With MPI, you can rest easy knowing your family's home is secure, even if you're not there to support them.

Life Insurance: A Crucial Financial Safety Measure Life insurance is another essential aspect of protecting your family and your home. It provides a financial pay out to your beneficiaries (often your spouse or children) upon your death, ensuring they can maintain their lifestyle and cover any outstanding debts. Here's why life insurance is so important when buying a home: Covers the mortgage and other expenses: The death benefit from a life insurance policy can be used to pay off your mortgage, ensuring your family can continue living in their home.

It can also cover other expenses like funeral costs, medical bills, and educational expenses for your children, providing much-needed financial support during a challenging time.

Offers flexibility: Life insurance policies come in various types, including term and permanent policies, allowing you to choose the coverage that best suits your needs and budget.

You can also customize your policy with riders (additional benefits) to ensure it meets your family's unique needs.

Provides financial stability: A life insurance policy can help your family maintain their standard of living after your death. It offers financial stability by replacing your income and covering essential expenses, giving your loved ones the opportunity to grieve without the added stress of financial worries.

Trauma Cover: Financial Support When You Need It Most Trauma cover, also known as critical illness insurance, provides a lump sum payment if you're diagnosed with a specified serious illness or medical condition. This type of insurance can be an invaluable support during a challenging time, helping you and your family cope with the financial burden of a critical illness. Here's why trauma cover is essential: Covers medical expenses and more: Trauma cover can help you pay for medical treatments, rehabilitation, home modifications, and other expenses related to your illness. This financial support can alleviate stress and allow you to focus on your recovery.

Protects your mortgage: If you're unable to work due to a critical illness, trauma cover can help you continue making mortgage payments, ensuring your family's home is secure during your recovery.

Provides peace of mind: With trauma cover in place, you can rest easy knowing that you and your family have financial support if you face a critical illness. This peace of mind can be invaluable, allowing you to focus on what truly matters - your health and well-being.

Finding the Right Coverage for You When it comes to mortgage protection and life insurance, it's crucial to find the right coverage for your unique situation. Here are some steps to help you make an informed decision:

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Assess your needs: Consider your family's financial requirements, including your mortgage, outstanding debts, and future expenses like college tuition for your children.

This will help you determine the coverage amount you need.

Compare policies: Research different insurance providers and policies to compare features, benefits, and costs. Don't hesitate to ask questions or seek professional advice to ensure you're making an informed decision.

Review regularly: Life changes, and so do your insurance needs. Regularly review your policies to ensure they continue to meet your family's needs. Major life events like getting married, having children, or buying a new home may require adjustments to your coverage.

To sum it all up, purchasing a home is a significant investment, and protecting it with mortgage protection, life insurance, and trauma cover is crucial. These policies provide a safety net for your family in case of unforeseen events, ensuring they can continue living in their home and maintain their quality of life.

By assessing your needs, comparing policies, and reviewing your coverage regularly, you can find the right insurance solutions to secure your family's financial future. So, as you embark on the journey of homeownership, remember to prioritise mortgage protection and life insurance – it's the best way to keep your dream home and loved ones safe and sound.

Article by Duane D. Viljoen & Juan Crafford Dormfin Financial Services duane@dormfin.co.nz | 022 588 4302 juan@dormfin.co.nz | 027 343 6964 www.dormfin.co.nz

Let's Talk Architecture Multi-Unit Developments Where to start?

Whether you are a seasoned developer who has gained experience with previous projects, or a first time developer wanting to know where to begin, the starting point is the same.

If you already own a site that you would like to develop, or yet to put an offer on a site which is on the market, the best place to start is with the site’s feasibility so you can make informed decisions on what development potential the site may have.

With this, we are here to help.

Understanding some important questions before you begin will set the direction for the develoment.

Will the development be done to sell or rent the houses after construction?

What size houses are in demand in the area? 3 Bedrooms with a single garage?

Once we understand the answers to these questions, investing is the feasibility process is the way to go.

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Our architectural process starts with exploring options whilst designing “Bulk and Location Plans”, which are high level site plans as well as a desktop review of the site to determine where the building footprints could be, outdoor living, driveways and carparking.

This will help determine what is possible. Often there is more than one viable option available, but what’s the best way to go?

The next step is to get specialist feedback from stakeholders and consultants.

We would always recommend getting planning advice from consulting planners and civil engineers to understand any potential risks and hazards, but also understanding the serviceability of the site with regards to infrastructure.

Based on the size and number of units achievable, understanding the construction and development costs is particularly important.

That is where having an experienced builder involved early on is so valuable to allow you to understand realistic estimates on the costs associated with the development.

Getting advice from local real estate agents familiar with these types of projects will give you knowledge on what will be the likely value of the end product.

Once you know the potential costs and the potential completed valuations you can see the viability of the project. From here you can work out the project fundability by working with mortgage brokers who specialize in development funding.

With all this information in hand, you will be able to confirm the direction of the development and progress into full architectural concepts and engaging consultants for the consent process.

At Lifestyle Architectural Services we work very closely with all the key consultants in the project team and will introduce you to them as they are all critical assets so we can collectively help deliver a successful project for all involved. If you are thinking of developing a site, get in touch today.

Article by Steve Loza Lifestyle Architectural Services www.las.co.nz | steve@las.co.nz | 0800 527 337

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Let's Talk New Builds

Fortune Favours the Subdividers!

Could this be the ultimate power move for your family?

In New Zealand, where housing affordability is a growing concern, there’s a game-changing solution: subdividing and building.

It’s an amazing outcome we see all the time – if you own property, you’re probably in a position to create value for and with your family. You’ll share the costs and build wealth for everyone – help loved ones get onto the property ladder, make financing easier and keep the family close.

Here’s why it could work for your family.

Helping kids get on the ladder By leveraging household incomes and sharing costs, subdividing and building can make homeownership more attainable for everyone in the family. It’s a great way to support your loved ones without shouldering the entire financial burden. If you own the land, you’ll only need to cover the costs of subdivision and building.

An easier route to financing When multiple parties contribute to a subdividing and building project, it makes an attractive package to the banks. Costs are spread over more earners, which lowers the risk of a loan and makes it easier to approve.

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That’s particularly useful if, for instance, you’re no longer earning but have great equity, and your kids have excellent salaries but no savings.

Individually, you may struggle to get a loan.

Together? That’s another story entirely.

Personalised homes for the whole family Subdividing and building don’t mean you end up with ticky-tacky carbon-copy townhouses. You’re limited only by your space and budget!

One of our clients recently demolished their old family house to make way for three new homes: one for themselves and one for each of their sons.

Presented with four incomes and a free-hold property, banks were thrilled to support this project.

When multiple parties contribute...it makes an attractive package to the banks.

But the best part? These homes are anything but cookie-cutter. Each family worked with our designers to create their ideal home – the external styles were complementary, but inside, you’ll find a distinct design for each unique lifestyle.

Keys to financial freedom You’re going in together, but you won’t be financially tied long-term. Each family member owns their home, complete with a separate title.

They can sell it when it’s time to move on, rent it out while overseas, or leverage its equity to buy something new.

Another of our clients knew they could never afford to subdivide and build on their own. But by joining forces with their family, they created beautiful, double-glazed homes that are warm and cosy while keeping their grandkids close – wins all around!

The key is to team up with the right partners who know the in’s and out’s of the process.

The building part is a piece of cake!

Before you know it, everything will be completed, and the rewards will be worth the wait. So, buckle up and stay patient.

Keep an open mind Even if you’ve been told it’s impossible, we’ll find a way to do it. Take our recent project as an example: a flooded and condemned house on an odd triangular-shaped plot in Grey Lynn. We came up with a plan to fit three two-storey homes. Even if the consent process seems like it’s in a ‘too hard basket’ for your piece of land, don’t give up. As long as you meet the criteria, we’ll help you convince the council that your new build will benefit the area, the environment and the city.

Partner with the experts With 1001 decisions to make, the subdividing and building journey can seem overwhelming. The key is to team up with the right partners who know the in’s and out’s of the process. The building part is a piece of cake!

But the planning?

Stay connected with family and community Take inspiration from another of our clients — a couple who wanted to help their 20-year-old daughters. They decided to subdivide and build a house and a duplex. The ingenious plan? The girls can rent the duplex units and eventually buy them. It’s an arrangement that keeps the kids close, but everyone enjoys their independence — the best of both worlds.

And with subdivision, there’s no need to uproot your life. Instead, stay put and improve the community you’ve grown to love.

How to do it?

If you’re keen to start a family subdividing and building project, here’s how to navigate the process.

Set your expectations Be aware that this can be a long process – up to two and a half years. But then, it’s done. And when you think back to three years ago, how quickly did that time fly?

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That’s where some real magic needs to happen.

Don’t be tempted to cut corners or rely on your friend’s cousin’s neighbour who dabbles in construction. Invest in professional project management to get it done right – it’ll make the journey easier and the rewards far greater.

At Sentinel Homes, we’ll guide you through a detailed, measured process, one step at a time, drawing on 15 years of combined experience. And because the success of a subdivision project often heavily depends on individual funding and accounting structures, when it comes to financing your project, our team works with trusted experts to ensure you get all the advice you need.

Article by Steph Field New Build Specialist Sentinel Home North & West stephanie.field@sentinelhomes.co.nz | 021 747 140

Let's Talk Budgeting Unlocking Home Ownership: The Power of Budgeting

Why budget?

For many Kiwis, purchasing a house represents one of the most significant milestones in our financial lives. A house is more than just a long-term investment.

Think about your budget as the steering wheel in your car – this is what will help you drive in the right direction. Having more fuel in the tank (aka money) can help you go faster and further, but it won’t be much help if you’re not going in the right direction anyway. In the end, it’s the combination of both a clear budget and a good income that is the most powerful.

It also brings stability as you can put down roots without the risk of a landlord kicking you out – a great benefit when raising tamariki. It also means financial security – knowing that you can be rentfree and mortgage-free in retirement is priceless.

However, becoming a homeowner is a very distant dream for a lot of Kiwis. New Zealand notoriously has one of the least affordable property markets in the world, with houses costing over 7 years of an average household’s income. (1) The cost of living has been biting too. Prices of goods and services are now 18.7% higher than they were 3 years ago (2). Fortunately, wages progressed as well. But not as fast (only 9.1% more than 3 years ago (4)). In this context, saving up for a deposit can prove to be a massive undertaking. But that doesn’t mean it’s impossible.

There is an underrated, yet incredibly efficient way to save up for a house deposit – it’s called budgeting.

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A budget is an empowering tool! Admittedly, it takes a little bit of mahi to build and maintain.

But it will enable you to live within your means whilst you prioritise spending on things which you value.

For aspiring homeowners, budgeting even has an additional benefit. A budget is a guarantee of credibility in the eyes of bankers when they assess your ability to service a mortgage.

In short, budgeting is the way to go whether you are looking to buy a home or not!

(1) Corelogic, Housing Affordability Report New Zealand, Q2 2023, released Aug 2023 (2) Stats.govt.nz, Consumers Price Index, annual inflation Sept 2021 Sept 2023 (3) Stats.govt.nz, Labour Cost Index, annual adjusted inflation March 2021-March 2023

Great, how do I start a budget?

Write down your income. Don’t forget to ask your employer for what you’re worth! The higher your income, the more options you’ll have.

List your expenses & average them out.

Including the annoying annual ones, you need the full picture.

Apply the ‘intentional filter’. Be ruthless with spends that do not align with your priorities and values.

Maximise and automate savings. You won’t miss money which you don’t see, but that pūtea will grow in the background.

Track your progress. Your budget loves a weekly date.

There are 2 methods which I recommend overlaying: 1. The zero-based budget ensures that every dollar you earn has a role to play and you don’t spend more than what you earn. It’s all about planning.

2. The 50/30/20 method means you aim to allocate 50% of your income towards your ‘needs’, 30% towards your ‘wants’ and 20% towards your ‘savings’. Because a budget is not about deprivation!

Wait, how long is it going to take me?

You’ll be surprised how quickly a little bit of discipline and consistency add up! I see this every day with my clients.

Some of my clients, Amy and Andrew*, are in their early thirties and earn a combined $4,300 net fortnightly. Unfortunately, they built up about $110k worth of debt over the years and thought they would never be able to pay it off.

With over $1,000 of their fortnightly income being spent on servicing their debt, they were going backwards each fortnight and thought buying a home was completely out of reach.

We built a budget together and found out they were spending almost $400 a fortnight on takeaways without realising it. So we put a plan together that enables them to spend more intentionally.

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Soon, they were able to make extra debt repayments of $250/fortnight and put $80/fortnight towards an emergency fund. This will enable them to pay off their mountain of debt in just 4 years. From there, they will have much more money available to put towards their house deposit.

They will only need another 3 years to top up their KiwiSavers to a comfortable $200,000 deposit (and that’s assuming they can’t buy with just 10% deposit or be eligible for any Kainga Ora support).

You got this!

Article by Christel Maurer The Money Journey christel@themoneyjourney.co.nz | 021973080

*Not their real names

Let's Talk Legal Buying a Property - Do I really need a LIM Report?

Yes, Yes and Yes. Whether you are purchasing a new-build or an existing property, I would always recommend obtaining a LIM report as part of your investigation of the property during the conditional stage of the contract.

A Land Information Memorandum (LIM) is a compilation of information available at any given time. Purchasers and Lawyers use them to identify risks that might attach to a particular property.

There is often a misconception when it comes to new build properties, that if the Code of Compliance Certificate has issued, there are no further outstanding Council matters to attend to.

It is not uncommon for developers to overlook final conditions relating to a particular land use consent for the construction of a dwelling or for example a vehicle crossing referred to Auckland Transport. A final inspection may be required before monitoring may be closed in respect of the former and a certificate of completion in respect of the latter.

Outstanding matters follow the land, which means it will become the purchaser’s responsibility to remedy the same following transfer of ownership.

These matters often come to light when the unknowing home owner comes to sell, which could potentially result in a requisition of the LIM or the cancellation of the contract depending on the

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severity of the matters outstanding and whether they are easily capable of being remedied.

A LIM report includes valuable information such as applicable consents and permits and any restrictions or ongoing obligations that may affect the property. A LIM report will also include information on whether the property complies with relevant regulations, bylaws and building codes. Any historical building consents, Code of Compliance Certificates and other legal matters affecting the property will be highlighted, including whether a Code of Compliance Certificate has issued for any work completed which required building consent.

If you are considering making changes to the property, a LIM report can help you understand the relevant planning and development regulations. A LIM will provide insights into zoning rules, future developments plans and any proposed infrastructure projects that may affect the particular area.

Council is responsible for ensuring that the information provided in the LIM report is accurate and complete. Often when a property is listed for sale, the agent or vendor will obtain a LIM for the convenience of any potential purchasers. While this saves costs for the purchaser, the purchaser will arguably not be able to rely on that LIM against Council in the event of any inaccuracies contained therein, as Council only owes a duty of care to the person or entity that ordered and paid for the LIM.

Risks imposed by climate change are not always disclosed. Court action has meant that the fear of reprisal has inhibited the willingness of local authorities to provide the information, however this is likely to change.

Council is responsible for ensuring that the information provided in the LIM report is accurate and complete.

Proposed changes to the Local Government Official Information and Meetings Act will create clearer requirements to provide information about the impacts of climate change. Regional councils would be expected to share relevant information with their territorial authority counterparts to enable information to be made available to the public purchasing LIMs.

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While a LIM report incurs an additional cost, it can provide significant benefits and peace of mind, especially when purchasing a property. It is recommended to consult with a professional such as a property lawyer, who can guide you through the process and help mitigate the risks associated with unknown factors.

Article by Lizette Heathcote Director, Barrister & Solicitor LLB. B.Com (Hons) Ph: 09 475 5916 Mobile: 021 648 978 E: practice@heathcotelegal.co.nz W: www.heathcotelegal.co.nz

Let's Talk Mortgages

Smart Strategies for a successful home loan application

Sticking to that budget for a few months before applying will give you a good view of your financial capacity and can help demonstrate to lenders that you are financially responsible

With the talk of house prices increasing this year and interest rates possibly coming down then you might be thinking that this is the year you want to make the move onto the housing ladder. If that is the case, then you may be wondering what you could do to put yourself in a better position when you to apply.

In this article, we will explore some steps you could take in the months leading up to your home loan application that may assist when the time comes.

Please note this is written as a general guide and may not be suitable or applicable for everybody.

Lenders assess your debt-to-income ratio, and having fewer financial obligations can positively impact how much you can borrow. In the months leading up to your home loan application, try to focus on clearing small personal loans, closing credit cards, or any other outstanding debt facilities. Even limits on credit cards, and buy now pay later type facilities that are not being used can reduce how much you might be approved for. For example if you have a credit card and buy now pay later limits which total $10,000, if you cancel these facilities then it might allow you to borrow an extra $50,000 when you do apply for your home loan.

Understand your Budget

Low deposit options

For first home buyers it is essential to have a clear understanding of your financial position. While a bank may be happy to lend you a certain amount, you may not be comfortable making the loan repayment on that amount when the times comes.

Create a comprehensive budget that outlines your income, expenses, and savings. This will help you determine how much you can comfortably allocate towards mortgage repayments.

There are some low deposit programmes in place that can allow people to purchase properties with a 5% deposit, or even co purchase a property in Partnership with Kainga Ora.

Take into account not only your current expenses, but also potential homeownership costs such as property rates, insurance, and maintenance.

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Existing debt

Grow your deposit Saving for a deposit is a fundamental step in preparing for a home loan. If you are not using one of the low deposit options, then you will need a minimum deposit of 10%, ideally 20%.

A higher deposit not only increases your chances of loan approval but can also lead to lower interest rates and costs during the application.

Establish a dedicated savings account for your home purchase and set up automatic transfers to ensure consistent contributions. Building a substantial deposit can demonstrate to lenders that you are financially responsible and capable of managing homeownership costs.

KiwiSaver Eligibility Check Using KiwiSaver for your first home purchase is a valuable and common option used by many first home buyers. However, Kiwisaver has different criteria that need to be met in order for funds to be withdrawn. If a Kiwisaver withdrawal is something that you think you will utilise, then it may pay to check you will be eligible when the time comes, and for how much. This avoids finding out last minute that you can’t withdraw the funds you have saved. Rules can vary - from contributing for the required time period, where the money was earned, to whether you have any interest in another property etc.

Be mindful of spending Habits While banks may not scrutinize your bank statements as meticulously as they were a few years ago, they do still pay attention to your spending habits. Be conscious of your discretionary spending, especially on nonessential items. If your bank statements reveal excessive spending on non-essential items, entertainment, or on what some might call “vices” then it might affect your loan approval.

Demonstrating responsible financial behaviour by minimizing unnecessary expense can enhances your credibility as a borrower.

A Mortgage Adviser can assist you at any point in your home ownership journey, A consistently overdrawn account or frequent payments being dishonoured can raise red flags for lenders. Responsible banking practices reflect your financial discipline and reliability, increasing your chances of a positive outcome when applying for a home loan.

Speak to a Mortgage Adviser When you are ready to proceed, then speak to a Mortgage Adviser. Generally Mortgage Advisers will not cost you anything as they are paid commission by a bank. A Mortgage Adviser can assist you at any point in your home ownership journey, whether it be offering guidance on preparing for a home loan like above or for helping you when applying to lenders when the time comes.

Conclusion Preparing for your first home loan often requires a strategic and disciplined approach. By following these key steps in the months leading up to your application, you not only enhance your chance of approval but also set the stage for a smoother approval process. From budgeting and debt management to building up savings and demonstrating responsible financial behaviour, each step contributes to a financial profile that lenders are likely to view favourably and support you when the time comes.

Good credit and account history Maintaining a good track record with your bills and operating your bank account responsibly are often overlooked but can be essential aspects in an application.

Ensure that all your bills, including utilities, phone, and credit card payments, are paid on time. Also ensure that you are operating your bank account and credit cards correctly.

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Article by Paul Bateman Financial Adviser - Mortgages & Business Finance Mortgage Link paul.bateman@mortgagelink.co.nz | 021 264 2525

Contributors LEGAL Lizette Heathcote Heathcote Legal 09 475 5916 | practice@heathcotelegal.co.nz REAL ESTATE Team Millwater Mike Pero Real Estate 09 426 6122 | millwater@mikepero.com MORTGAGES Paul Bateman Financial Adviser Mortgage Link 021 264 2525 | paul.bateman@mortgagelink.co.nz NEW BUILDS Steph Field Sentinel Homes North & NorthWest 021 747 140 | steph.field@sentinelhomes.co.nz ARCHITECTURE Steve Loza Lifestyle Architectural Services 0800 527 337 | steve@las.co.nz BUDGETTING Christel Maurer Independent Financial Adviser The Money Journey 021973080 | christel@themoneyjourney.co.nz INSURANCE Duane D. Viljoen Dormfin Financial Services 022 588 4302 | duane@dormfin.co.nz & Juan Crafford Dormfin Financial Services 027 343 696 | juan@dormfin.co.nz

LET'S TALK PROPERTY | YOUR LOCAL PROPERTY DIGEST

SUMMER | Q1 2024 ISSUE NO. 05