UPSIZE YOUR HOME DOWNSIZE YOUR MORTGAGE

25 Feb 2016

UPSIZE YOUR HOME DOWNSIZE YOUR MORTGAGE

The huge growth in property values across Auckland, especially in the older more established areas could mean that your current older home is worth more than a larger brand new home in a newer area of Auckland.

Now is a great time to consider upsizing your home and downsizing your mortgage. 

KEY2 are specialists in helping families realise their capital growth in their existing homes of modest 150-200 square metres and into much more family orientated properties of 230-260 square metres.

If the thought of 4 bedroom, 3 bathrooms and double garage is ticking all your families boxes then consider Hibiscus Coast (Millwater, Silverdale, Orewa, Stanmore Bay) or North West (Kumeu, Huapai, Riverhead). See our listings.

By realising your existing capital you could gain tax free money to reduce your mortgage or use for a combination of mortgage reduction, new boat, overseas travel, childrens education, the choice is yours.

Talk to KEY2 today about enabling better living. It’s what we do. Contact Us.

 

MORE BENEFITS OF A NEW HOME:

• Lower Energy costs, even though the home is larger by having the latest insulation and lighting systems you save.

• Maintenance costs on a new home, especially in the first ten years, can be considerably lower.

• Lower Finance Costs, which is obvious if you have a lower mortgage however if you have a lower loan to value ratio you become even more attractive to banks who will actively compete for your business.

• Extended Family or Income such as parents/grandparents coming to live with you. You can build a larger home and income or additional dwelling which could see your mortgage reduced with extra income or equity from the extended family member(s).

• Then of course there are the numerous other benefits of having a new home detailed here.

• At KEY2 we have the largest range of house and land packages and design build options from Warkworth to Pukekohe. 

 

So contact us now to see if Upsizing your Home and Downsizing your Mortgage could work for you, for as little as 10% deposit on new home and land packages.