Mortgage and budgeting seminar for new migrants

New settlers to New Zealand will be able to find out about the NZ mortgage system and financial budgeting at a free seminar on Thursday, 6 September from 5.30 till 7pm at the Whangarei Migrant Centre.

Settlement Support – Whangarei, an information and referral service for migrants, offers this seminar to newcomers to help them become well informed about financial aspects of house ownership.

New Zealand Home Loans will provide a general overview on how mortgages work and how to budget for them. Participants will also get practical advice on how to avoid banking and insurance traps.

“For many new migrants house ownership is an important step in their settling process in New Zealand. But often they are overwhelmed by the information they get from their bank and they are not aware of the different options,” Settlement Support coordinator Ellen Altshuler said.

“This seminar will be really informative and should answer most of the questions that newcomers have, including whether buying a house is a realistic option now (or in the near future) and how to get the best mortgage deal. There will be some objective information resources available as well.”

The free seminar runs from 5.30 pm until 7 pm at the Whangarei Migrant Centre. Tea, coffee and a snack are included. Everyone is welcome to attend.

ENDS

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