Buying a home? Think twice before hitting pause

If you’re in the market to buy a home right now and are concerned about how COVID-19 might affect your plans – we hear you.

While it's impossible to say how things will pan out, and it's very likely that the situation will be very different tomorrow or in a week's time, our message to potential buyers is this: keep on keeping on.

With the Reserve Bank’s announcement that the Official Cash Rate has been cut to a record-low of 0.25%, we know that borrowing money has never been cheaper. 

Housing demand, particularly in the Greater Wellington region, is still at an all-time high so if your perfect home has come along don’t let COVID-19 be the reason you miss out on a property.

Banks are still processing applications and lending money so reach out if you’re looking to get pre-approved and one of our expert Orange Network advisors can support you to get things moving over a phone call or video meeting.

You've also likely heard stories of first home buyers affected by Kiwisaver losses over the past few weeks. Many of these losses could have been avoided or at least limited if the clients had received good investment advice. If you're concerned about your Kiwisaver, speak to your investment adviser or let us connect you with one.