AIM Financial Services

AIM Blog: The latest news and views on our industry

AIM Newsletter – May 2016

Welcome to your newsletter for May 2016!Hot rates May 2016

After a bit of a newsletter break, it’s been another busy month for the team at AIM Financial Services and we’ve been growing again!  We have another team member Jennifer Whitcombe to welcome onboard.   Jennifer recently qualified as a Registered Financial Adviser and holds an MBA in economics and finance so has the edge on what’s happening in the market.  Meanwhile check out these HOT RATES we’ve seen through our office this week.  You’ll have to call us on (09) 282 3782 to see if you can get them too!

Surf’s Up! Interest Rates are Down…Surfs Up

Interest rates just keep dropping and recently we’ve seen discounted and advertised rates dip into sub 4 territory.

We would recommend to anyone who is close to the end of a fixed rate period, or even if you’re only part way through, to talk to us about getting you on those low rates.  These won’t last forever!  We’ll work out for you if it’s worth catching that wave by paying break costs and perhaps helping you pay off your mortgage faster.

skyrocketKiwisaver Withdrawals Skyrocket

The amount of money people are withdrawing from KiwiSaver funds has grown rapidly over the last three years.  It grew further still when rules were relaxed and first-home buyers could withdraw all their funds except the $1,000 kickstart government injection or any Australian Super funds.

Eligible buyers may also be able to receive grants of up to $5,000 for first their home, or $10,000 for a new first home.

Don’t forget to make sure when you are purchasing a property to give yourself plenty of time to make the application for your funds to be paid to your lawyer by giving yourself at least ten days for your finance date.  If you’re buying at auction, make sure you have your own funds to pay the deposit on the fall of the hammer, and confirmation by that your savings are available for purchase at auction.

Please discuss your options with us, or contact your KiwiSaver Scheme Provider, or Housing New Zealand for more information.

Money Doesn't Grow on TreesInsurance: To have, and to keep

Ever been sick?  We all are from time to time.  But what if you fall ill and have to be off work for weeks, or months?  Unless you have loads of savings, you’re going to need a backup plan.

Insurance may seem expensive, but if you have a talk with Matthew our insurance specialist, he can talk to you about options you might not have thought were available, let alone affordable.

Like mortgage brokers, Matthew works on getting you the best deal from across all the insurance companies, saving you the time and all the confusion of working out all the definitions and exclusions in the small print.

Don’t fall victim to some insurance options that seem easy to apply for, only to discover you won’t get paid out.  That’s Matthew’s job – to make sure you get what you expect at claim time.


AIM Newsletter – December 2015

In this Xmas issue… Merry Xmas from the Team at AIM. We’ve certainly grown from the father-son team we were only a year ago. We have a wide range of experience including residential and commercial property lending and personal insurance.  Two of our staff will be manning the office through the Xmas and New Year… Continue Reading

AIM Newsletter – September 2015

House prices continue to climb nationwide with values increasing over 10% in the last year to date, and 27% higher than at the last peak in 2007. Auckland leads the upward trend where prices have increased over 56% – that’s 33% above 2007 levels.  It is expected average house prices will rise to over $1… Continue Reading

AIM Newsletter – June 2015

Property in Auckland The Auckland property market continues to be extremely active, with strong demand for property driving prices up to record high levels. That demand is being partly driven by population growth, overseas investment interest, and low interest rates. The Government and the Reserve Bank are anxiously trying to reign in the market, but… Continue Reading

AIM Newsletter – July 2014

Property Prices Continue to Grow The property market continues to be very active, and prices in Auckland and Christchurch particularly have shown continued strong growth. I don’t see any likely slowdown in property prices, particularly in Auckland. Property prices are determined by supply and demand, and whilst there are now more houses being built, the… Continue Reading

Financial Tips for Your Children

Helping your children brush their teeth in the morning and helping them with their homework is the easy part. Teaching them how to manage money is a little more difficult. These days most schools don’t offer much in terms of teaching basic money management skills, so by giving your children a few simple skills on… Continue Reading

10 Tips on Health Insurance

There’s no denying that buying health insurance can be daunting. It’s hard to know what type of insurance suits you best, what amount of cover you should get, and what’s just a big waste of money. So here are 10 things to consider when thinking about purchasing health insurance. Tell the truth: Your insurer can… Continue Reading

AIM Newsletter – February 2014

Happy New Year for 2014. Through the Christmas break the newspapers have had regular articles quoting economists, all predicting a great year for property, particularly in Auckland and Christchurch, so let’s hope that proves to be true. The strong demand for properties led to significant price rises over the last year, and it is hard to see… Continue Reading

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