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NZMBA top broker announced for 2008

Wellington broker Finlay Abbot has been named New Zealand's top mortgage broker for 2008 by the New Zealand Mortgage Brokers Association.

Wednesday, July 9th 2008, 3:33PM
Abbot is a member of the Professional Lenders Association Network (PLAN) broking network and Julie Stevens, national manager of PLAN New Zealand praised Abbot for his professionalism and his contribution to the broking industry.

"He doesn't just think of himself, he thinks of the industry."

She said he viewed his broking practice as a business and brought "new meaning to the words process and systems".

Abbot has served on the executive committee of the New Zealand Mortgage Brokers Association (NZMBA) and Stevens said he had always been willing to share his knowledge with colleagues.

"He is passionate about the industry and about the survival of the industry. He doesn't see other brokers as competitors."

Abbot works extensively with property investors and has become a respected commentator in the media on mortgage strategy and industry issues. He has more than 23 years' experience in the banking and finance industries and started his career as a mortgage broker in 1999, joining PLAN in September 2002 when he formed his own business. He has been the PLAN broker of the year three times and has been an NZMBA regional broker of the year finalist every year since 2002, and winner for the Wellington region in 2006.

The broker of the year is chosen from a number of regional finalists nominated by mortgage lenders. Regional winners are assessed by a panel of judges on the basis of several criteria, including presentations made by the brokers.

The first runner up for 2008 was Craig Seton, regional winner for Central North Island. Second runner-up was Mark Papps, winner for Nelson/Marlborough. Abbot was winner for Greater Wellington and the other regional winners were: for North Auckland, Christine Lockie; Mid Central Auckland, Sue Tierney; Greater Auckland, Bruce Patten; Waikato/Bay of Plenty, Lynn Houghton; Otago/Southland/Dunedin, Glenda French. The winner in the specialist lending category was Adrienne Teape.

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Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
ANZ 5.19 ▼4.05 ▼3.95 4.49
ANZ Special - ▼3.55 ▼3.45 3.99
ASB Bank 5.20 4.15 3.99 4.39
ASB Bank Special - 3.65 3.49 3.89
BNZ - Classic - 3.65 3.49 3.99
BNZ - Mortgage One 5.90 - - -
BNZ - Rapid Repay 5.35 - - -
BNZ - Std, FlyBuys 5.30 4.45 4.35 4.55
BNZ - TotalMoney 5.30 - - -
China Construction Bank 5.50 4.70 4.80 4.95
China Construction Bank Special - 3.19 3.19 3.19
Lender Flt 1yr 2yr 3yr
Credit Union Auckland 5.95 - - -
Credit Union Baywide 6.15 4.95 4.95 -
Credit Union North 6.45 - - -
Credit Union South 6.45 - - -
Finance Direct - - - -
First Credit Union 5.85 - - -
Heartland 6.70 7.00 7.25 7.85
Heartland Bank - Online - - - -
Heretaunga Building Society 5.75 4.80 4.95 -
Housing NZ Corp 5.19 4.15 4.09 4.39
HSBC Premier 5.24 3.35 3.35 3.35
Lender Flt 1yr 2yr 3yr
HSBC Premier LVR > 80% - - - -
HSBC Special - - - -
ICBC 5.15 3.18 3.18 3.20
Kiwibank 5.80 4.30 4.24 4.74
Kiwibank - Capped - - - -
Kiwibank - Offset 5.15 - - -
Kiwibank Special - 3.55 3.49 3.99
Liberty 5.69 - - -
Napier Building Society - - - -
Nelson Building Society 5.70 4.69 4.79 -
Resimac 4.50 4.86 3.89 3.94
Lender Flt 1yr 2yr 3yr
RESIMAC Special - - - -
SBS Bank 5.29 4.85 5.05 5.49
SBS Bank Special - 3.65 3.59 3.89
Sovereign 5.30 4.15 4.29 4.55
Sovereign Special - 3.65 3.75 4.05
The Co-operative Bank - Owner Occ 5.15 ▼3.49 3.59 ▼3.89
The Co-operative Bank - Standard 5.15 ▼3.99 4.09 ▼4.39
TSB Bank 6.09 4.49 4.39 4.85
TSB Special 5.29 3.69 3.59 4.05
Wairarapa Building Society 5.70 4.85 4.99 -
Westpac 5.34 4.15 4.09 4.49
Lender Flt 1yr 2yr 3yr
Westpac - Offset 5.34 - - -
Westpac Special - ▼3.55 ▼3.45 3.99
Median 5.34 4.15 3.99 4.05

Last updated: 15 October 2019 3:57pm

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