Buying a Rental

Buying a second home can be exciting and daunting all at the same time.

There are some really important decisions to make when looking at purchasing your second home or rental property.

Should you use a different lender to offer a level of asset protection, or should you use the same lender because you would like to maximise your tax position?*

Buying your second home can arise from many different circumstances.

These may include:

  • A rapidly growing family
  • A want to buy a nicer home
  • Starting a rental property portfolio
  • To become closer to family or friends
  • Facilitating a move to a different city
  • To purchase a property for a friend or family member
  • Downsizing after family have flown the coup or for retirement
  • To down size after family have flown the coup or for retirement


Your reason for purchasing a second home could be one or more of the above reasons, it could also be for a reason that is not mentioned above. There are many factors to look into when buying your second home.


Purchasing a second home can raise many questions, such as:

  • Do you want to simply upgrade or turn your existing home into a rental property?
  • Do I have enough equity in my existing home to purchase a second home?
  • Will I have to add part or all of my savings to purchase a second home?
  • Can you afford the new mortgage repayments?
  • Do I want to stay with the same lender?


As you can see from the above points there are a lot of different things to consider when purchasing a second home, we would love to help you go through the process and help you with all aspects of purchasing a second property.

Contact us to go over your personal circumstances and reasons for wanting to purchase a second home.

* We strongly recommend you seek advice from a suitably qualified tax accountant before proceeding with any purchase that may change your tax liabilities.

Latest News

Miller, Scott
26 October 2023

Published by Scott Miller

Do Mortgage Brokers Charge Fees In NZ.

Introduction In the realm of mortgage brokers in New Zealand, it's important to note that while many brokers do charge for their services, there are exceptions.

  • I recently purchased my first home and it's all thanks to Scott at Advanced Mortgage Solutions.
    Georgina Stanley - 27 March 2024
  • Been a really great working with Scott, he made the process really smooth and stress free. 100% recommend to anyone looking for mortgage advice. Great sense of humour too
    Natalie Eustace - 21 March 2024
  • Fast process, easy to understand and amazing communication from Scott!
    Krizzia Pierard - 13 March 2024
  • Scott has been amazing in helping us purchase our first home. A wealth of knowledge and amazing communication! I am self employed and we could not have navigated this without his help. Thanks Scott!
    Kris Hoskin - 04 March 2024
  • Very impressed with the information and the way it is presented. Highly recommend Scott, he found the best option for us and kept us fully informed along the way.
    Lynne Godden - 29 February 2024

Get FREE personal mortgage and home loan advice

Email Us