Thinking of buying? 3 reasons to get on the property ladder now!

It seems the property market is well and truly on a growth path.

This presents a real opportunity for anyone thinking of buying to start now, as time is a key factor in securing a good purchase price.

Here are our three reasons to get on the property ladder now:

  1. Time is not your friend. Major property indicators are suggesting that the rise in local house prices is on an upward path, and (as far as Hawke’s Bay is concerned) is unlikely to trend downwards any time soon. Buying now could position your property to increase in value relatively soon after you’ve purchased it, which means not only do you get a good purchase price, but you’ll grow the equity in your home for beating the market to the punch.
  2. Aucklanders and overseas investors are increasingly seeing the regions (like Hawke’s Bay) as a prime opportunity, which is also pushing prices up. This interest seems to be growing, too. Another reason to get in now!
  3. Interest rates are ridiculously low. In the last couple of years we have seen banks offer some of New Zealand’s lowest interest rates in 50 years. The Official Cash Rate (OCR) continues to remain low as well. As a result the banks are highly competitive right now, which makes it a great time to be taking out a loan.

On top of all this, houses (and land) are in short-supply, meaning sellers are often receiving multiple offers on their property. This means you have to get in quick when making an offer!


By using Cole Murray’s Mortgage Advisory service you can give yourself a serious advantage, as we will push the paperwork through quickly and save you time meeting and negotiating with all the banks.

Talk to a Cole Murray Mortgage Adviser and we can help you with getting speedy pre-approval for your loan – so you can start shopping now.

Ask a Mortgage Adviser

It’s a service that comes at no cost to you*, and puts your interests first – learn more here.

 *Our standard Mortgage Advisory service is provided free of charge as we are remunerated (paid) by the banks, but we also provide specialised services and advice for non-conforming, credit-impaired, business and complex cases. After our free initial no-obligation consultation, we will advise you if a fee may need to be charged before we undertake any work. In many cases we may find a simple solution for you.

A disclosure statement is available, on request and free of charge.

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