Southern Cross Financial - Latest News [Page 1]

Proposals for disclosure of mortgage commissions

Monday, 2 July 2018, 11:13 am | Southern Cross Financial

Peer-to-peer mortgage lender Southern Cross Partners is welcoming proposals, to make mortgage advisers disclose commissions, as a good thing that will help protect both advisers and consumers. More >>

Bank funding gap leaves first home buyers out in the cold

Wednesday, 6 June 2018, 9:54 am | Southern Cross Financial

Young Kiwi families with high hopes of taking advantage of the loan-to-value ratios with low deposit for new builds ¬– many with pre-approvals from their bank – are having their hopes dashed when they realise the bank will only finance the completed ... More >>

Southern Cross Financial approved for peer-to-peer lending

Tuesday, 22 November 2016, 11:22 am | Southern Cross Financial

A decision by the Financial Markets Authority to grant Southern Cross Partners Ltd, part of Southern Cross Financial Group, a peer-to-peer license makes the company the first significant mortgage lender in New Zealand to transition to a peer-to-peer ... More >>

Too many Kiwis burying their heads in the sand

Thursday, 11 February 2016, 1:17 pm | Southern Cross Financial

Credit card debt is again expected to cause hardship for many Kiwis this summer as the higher monthly payments now start coming through on the increased card spending, which was used by many to fund the holiday and Christmas season. More >>

Investors may be forced to risk their money

Friday, 11 December 2015, 10:39 am | Southern Cross Financial

Falling interest rates, combined with the closure of many solicitor nominee funds – perhaps due to increased compliance requirements – has created a low yield investment environment in New Zealand that may force many investors into taking increased ... More >>

Rush on bridging finance

Monday, 23 November 2015, 12:45 pm | Southern Cross Financial

A sense of urgency over Auckland property prices that have continued to rise on one hand, and a slow down in the time it takes to sell an existing house on the other, has caused a sharp escalation in bridging finance applications recently. More >>


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