Not meeting Main Bank criteria??

With the tightening of Bank rules bought on by the RBNZ changes as well as an increase in borrowers or situations who don’t quite fit into the standard bank space I thought it may be a relevant time to raise a few cases.....
Bridging finance
What is bridging finance? It is temporary/short term finance required to ‘bridge’ a gap when a property has been purchased but is to settle prior to a sale of an existing property. There are two forms of bridging finance.....
Spec Build Development Finance
At KPM we have a number of clients who are regularly involved in Spec Build projects, from 1 to multiple houses at a time where the client does not wish to market the houses for sale until they are near completion, thereby maximising the end value / price paid given the purchasers can “touch and feel” the product......
Introduction to Business Lending
As most self-employed clients know seeking and securing business finance from the Bank – secured solely against the business assets or at higher levels than standard home lending ratios will allow – is never easy and is usually met by your banker asking the question “What property assets will you be using to secure the lending?”......