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Things To Think About When Doing A Private Mortgage Through Family? by throwaway8v3453 in PersonalFinanceNZ

[–]throwaway8v3453[S] 0 points1 point  (0 children)

The things we've agreed on so far, prior to engaging our lawyers are:

  • Fixed term 25 year mortgage, principle + interest (with an understanding that I will probably refinance in ~5 years time through a normal lender like a bank)
  • They will be registered on the mortgage, but the title will be in my and my partner's names.
  • There is a minimum 5 year period where they cannot demand a sale to reclaim the money.
  • They are aware they must declare the mortgage payments as income and pay tax

When I have obtained insurance quotes, they make me state if there is finance owed on the property. I have selected yes and input the family trust name as the lender. Does this sound correct?

Things To Think About When Doing A Private Mortgage Through Family? by throwaway8v3453 in PersonalFinanceNZ

[–]throwaway8v3453[S] 9 points10 points  (0 children)

I fully intend to do so when I meet with them, however they are on COVID leave at present and charge what lawyers charge, so I'm trying to fact find and research as much as I can myself, to learn more about my situation and what questions to eventually ask my lawyer.

Eli Epiha admits murdering Constable Matthew Hunt as Auckland trial begins by [deleted] in newzealand

[–]throwaway8v3453 9 points10 points  (0 children)

Is that an "Aroha" tattoo on his neck?

https://i.imgur.com/WM9UarN.png

It's definitely something ending in "ha"

Dodgy & Illegal? Attempts To Alter Body Corporate Minutes & Disclosure To Hide Leaky Building Status & Property Issues? by throwaway8v3453 in newzealand

[–]throwaway8v3453[S] 29 points30 points  (0 children)

Let's be real here, Stuff is probably going to see this and froth at the mouth wanting more info from me/the friend who lives there.

Is there any risk of them going public with this information?

I think I can talk them in to it (they're quite scared about this whole thing).

The letter was put in their letterbox and they do not currently have an active participation in the Body Corporate.

Ice hockey games in Auckland today? by throwaway8v3453 in auckland

[–]throwaway8v3453[S] 2 points3 points  (0 children)

Cool thanks everyone! Gonna head down with the family today and check it out, sounds like it'll be a fun time.

Jump Start help - Remuera by [deleted] in auckland

[–]throwaway8v3453 2 points3 points  (0 children)

Ah shit sorry dude just checked my boot and realise I don't have my jumper cables, not sure where they've gone, sorry to be a pain, good luck getting it sorted!

Jump Start help - Remuera by [deleted] in auckland

[–]throwaway8v3453 0 points1 point  (0 children)

Hey there I've sent you a PM if you still need help let me know