iLender Welcomes 2025: Exciting Changes and Market Outlook
As we kick off 2025, we’re thrilled to share the first piece of news from iLender: we've moved to Gulf Harbour! We invite everyone to stop by for a chat, and we’ll even make you a great cup of coffee. It’s an exciting start to the year, and we’re looking forward to helping you navigate the ever-changing world of finance.
The most talked-about topic in 2024 was undoubtedly interest rates, and we anticipate this will continue to be a hot topic in 2025. The Reserve Bank of New Zealand (RBNZ) made significant moves in 2024, cutting the Official Cash Rate (OCR) by 1.25%. Many experts predict that further rate cuts will follow in 2025. Why is this happening? The primary reason is the state of the economy. The Reserve Bank is likely to continue lowering rates to help stimulate business activity and improve the overall financial health of the country. With the OCR cut expected to be 0.5% in February, we are bracing for more changes.
2024 also saw a couple of non-bank lenders exit the New Zealand market. However, their absence has quickly been filled by other players, ensuring that the market remains well-served. Despite the changes, we continue to see strong demand for alternative financing options, and we are committed to ensuring that our clients have access to the best options available.
After a couple of years of sluggish sales, the housing market is finally showing signs of recovery. New first-home buyers are making their move, and more recently, investors are returning to the market. Even Kiwis living abroad are jumping at the opportunity to buy back home. This surge in activity is promising, and it’s a great time to consider entering the market, whether you're a first-time buyer or an experienced investor.
As mortgage advisers, our role is simple: to secure the best possible financial outcome for our clients. While bank lending remains the most common route for many, a significant number of clients need the specialist products offered by non-bank lenders—at least in the short term. At iLender, we have access to all the major banks, non-banks, and private lenders, so we are equipped to handle nearly any financial situation.
We pride ourselves on being a local company with an impressive reputation. With more online reviews than most and a solid track record of national awards, we are recognized for the high-quality service we provide. Whether you're looking for assistance with first-home buying, property investment, debt management, development finance, or small business lending, we have the expertise to guide you.
If you're ready to take the next step, all it takes is a quick call to our office at 09 428 5333 or an email to help@ilender.co.nz or visit our website at ilender.co.nz. One of our team members will be happy to get in touch and assist with your financial needs.
Let’s make 2025 a year of opportunity and success. We’re here to help!