Background A retired client, who is a professional rental investor/landlord, had their current lending with another non-bank lender. They required a top-up of $776,000 to facilitate take out/refinance of vendor finance on one of their securities and to pay for consents and costs associated with subdividing one of their other security properties. They were [...]

Background   A middle-aged couple with two dependents were wanting to purchase a section in Central Otago. They already owned an almost complete unencumbered residential property in the same area. Challenge  The broker had sought lending from mainstream banks but had been declined due to the reliance on using the clients’ available funds and savings to [...]