TMM - News

Advisers welcome new mortgage entrant

Tuesday 8th of October 2019

Simplicity last week unveiled plans to start lending to first home buyers with a floating rate of 2.95%. The product is available to Simplicity KiwiSaver members who have held their retirement fund for one year.

The loan is only available direct to customers. Yet advisers have welcomed another new entrant, as a growing number of non-banks, second-tier lenders, and alternative players co...

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