by Omega Capital | Nov 10, 2021 | News
Significant $30m loss in Nido syndicate Significant $30m loss in Nido syndicate shows mortgage lending a less risky option for investors. One of New Zealand’s leading non-bank mortgage lenders says the collapse and mortgagee sale of large-scale Auckland homeware store...
by Omega Capital | Nov 3, 2021 | News
New housing rules New housing rules to stimulate development may be hindered by tight financial restrictions. Government moves to intensify building development and stimulate housing has given a green light to build more houses, but developers already have the brakes...
by Omega Capital | Nov 2, 2021 | News
Bankers leaving the industry Employees in mainstream banking are leaving the sector as they become fatigued by constantly changing lending rules says the new General Manager of leading mortgage brokerage Omega Capital. Noni Martin joined Omega Capital in June last...
by Omega Capital | Sep 13, 2021 | News
Home buyers faced with paying more for new builds as developers choose to sell finished homes Home buyers are faced with paying even more for new houses as developers reduce the number of their properties that they sell off plans, opting instead to cash in on finished...
by Omega Capital | May 10, 2021 | News
Nido shows mortgage lending a less risky option for investors One of New Zealand’s leading non-bank mortgage lenders says the recent collapse and mortgagee sale of large-scale Auckland homeware store Nido, illustrates the caution commercial property investors need to...
