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Life style blocks

Repayments Residential interest rates currently about 3.8!!  
Must be defined as "non-working" properties. That means to the banks that you must be able to show ability to repay your loan from off farm income.

A lifestyle block definition varies from bank to bank.

How big can it be?

2 hectares (5 acres), 5 hectares, 20 hectares? Maybe more?

Different lenders different rules.

Where can it be located? What about services such as power, phone sewerage? Must it have them connected?

What ever your dream, ask us first and we'll tell you if it can happen.

If your bank policy doesn't fit it is unlikely they will tell you which bank or lender to go to so ask us first.
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Acheive your dream. Room for some horses, maybe some cattle or some sheep. 

Mortgage Mart NZ Ltd has been granted a license by Financial Markets Authority as a Financial Advice Provider and provides specialist Mortgage and Insurance advice as well as limited advice on KiwiSaver and managed investments We are physically located in Auckland and in Whakatane but serve businesses and families throughout the country. Our disclosure information is located HERE


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