Topic: Mortgages

Lincoln’s home loan was due to expire, and he needed to find a new lender/mortgagee to refinance the balance. For almost a year, Lincoln kept promising his lender the refinance was about to happen. Eventually, Lincoln’s lender commenced the mortgagee sale process because the balance remained unpaid.

Did the mistakes in a Property Law Act notice change the course of history? If the notice had been correct, could Lee and Brian have kept their house?

Lending to a family trust is not covered by the responsible lending obligations of the Credit Contracts and Consumer Finance Act.

Farid’s broker presented him with a loan offer, and Farid didn’t draw down the loan. Farid disputed paying the broker’s $3,000 fee.

What happens when the loan agreement does not reflect what you told your financial adviser you wanted?

An unregistered financial adviser promises to rescue a couple from a mortgagee sale only to make a bad financial situation worse.

Leighton’s father passed away after taking out a mortgage. The lender charged over $15,000 in mortgagee sales fees to the estate, even though the sale didn’t go ahead. Was the lender entitled to charge $15,000 in fees?

Why were Wiremu’s parents paying higher interest rates to a third-tier lender than others were being offered?

Belinda learns her claim to her parents’ estate could be compromised by an equity release loan they had agreed to in 2008.

Belinda learns her claim to her parents’ estate could be compromised by an equity release loan they had agreed to in 2008.