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Business bought because baby born

Wednesday, December 22nd 2010, 7:22AM

Connect Mortgages is being sold as Tracey and Steve Munns step aside to look after their newborn baby.

Tracey Munns says she talked to a number of brokers about buying the business and has accepted an offer from Gary George, director of Think Mortgages.

George has more than 23 years experience in the finance industry ranging from New Zealand based Banks to overseas nationals and his roles have been varied from branch managerial positions of 18 staff, to managerial positions for special projects, to area manager positions.



He is the director of Think Mortgage Solutions and is jointly responsible for a current staff compliment of two brokers and one administration staff.

Munns will continue to work in George's team, but from a marketing, client education approach and on a part-time basis after she concludes her maternity leave.

« ANZ confirms head of broker distributionNZ Home Loans appoints new CEO »

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Full Rates Table | Compare Rates

Lender Flt.

1yr

2yr

3yr

5yr


n/a n/a n/a n/a n/a
AMP Home Loans
6.24 5.25 5.55 5.75 6.50
AMP Home Loans $200k +
6.14 5.15 5.45 5.65 6.40
ANZ 5.74 5.25 5.49 5.90 6.70
ASB Bank
5.75 5.25 5.55 5.75 6.50
BankDirect
5.75 5.25 5.55 5.75 6.50
BNZ - Classic
n/a n/a 5.79 n/a n/a
BNZ - GlobalPlus
5.99 5.75 5.89 6.15 6.90
BNZ - Mortgage One
6.40 n/a n/a n/a n/a
BNZ - Rapid Repay
5.99 n/a n/a n/a n/a
BNZ - TotalMoney
5.74 n/a n/a n/a n/a
BNZ- Std, FlyBuys
5.99 5.75 5.89 6.15 6.90
CBS Canterbury
5.95 6.25 6.50 7.10 7.80
Credit Union Auckland
6.20 n/a n/a n/a n/a
Credit Union Baywide
5.85 6.15 6.65 6.95 n/a
Credit Union North
5.80 5.80 5.95 6.20 n/a
Credit Union South
5.75 n/a n/a n/a n/a
eMortgage 6.04 6.15 6.69 7.19 7.90
Fantastic Home Loans
5.74 5.59 5.79 6.10 n/a
Fidelity Life
5.70 5.85 6.35 n/a n/a
Finance Direct
6.10 6.45 6.69 7.10 7.70
First Credit Union
6.45 n/a n/a n/a n/a
General Finance
5.95 6.25 6.50 7.10 7.90
HBS Bank
5.65 5.25 5.55 5.79 6.20
HBS Bank Special
n/a n/a 5.65 5.65 5.99
Heretaunga Building Society
5.75 5.65 5.80 n/a n/a
Housing NZ Corp
5.75 5.65 5.79 6.10 6.90
HSBC Premier 5.99 5.29 5.77 6.07 6.90
Kiwibank 5.65 5.25 5.55 5.75 6.50
Kiwibank - Capped
5.65 6.25 n/a n/a n/a
Kiwibank - Offset
5.50 n/a n/a n/a n/a
Kiwibank - Special
n/a 4.99 n/a n/a n/a
Liberty
5.75 n/a n/a n/a n/a
Manchester Unity
6.15 5.85 5.95 6.05 n/a
Napier Building Society
5.80 6.00 6.70 n/a n/a
National Bank
5.74 5.25 5.49 5.90 6.70
Nelson Building Society
6.45 5.95 6.25 n/a n/a
NZ Home Loans
5.85 5.25 5.55 5.75 6.50
Perpetual Trust
7.70 n/a n/a n/a n/a
Public Trust
4.99 5.40 5.55 5.85 6.65
SBS Bank
5.65 5.25 5.55 5.79 6.20
SBS Bank Special
n/a n/a 5.65 5.65 5.99
Silver Fern
5.95 6.10 6.55 7.05 7.80
Southern Cross 5.95 6.25 6.50 7.10 n/a
Sovereign 5.85 5.25 5.55 5.75 6.50
The Co-operative Bank
5.70 5.45 5.70 5.95 n/a
TSB Bank
5.79 5.20 5.50 5.75 6.50
TSB Bank Special
n/a 5.70 5.95 n/a n/a
Wairarapa Building Society
6.20 6.70 6.95 n/a n/a
Westpac 6.24 5.25 5.55 5.75 6.90
Westpac - Capped rates n/a 6.50 n/a n/a n/a
Westpac - Choices Everyday 5.60 n/a n/a n/a n/a
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