Float Mortgages

Float Mortgages At Float, we simplify money. One trusted team for mortgages, insurance, wealth, KiwiSaver and business finance. At Float, we make money simple. One team. One plan.

From first homes to investments and commercial lending, we handle the banks and stress so your entire financial plan works together. We specialise in Mortgages, Insurance, Wealth, KiwiSaver, and Business Finance, giving you one trusted team for your entire financial world. From first homes to investments and commercial lending, we handle the banks, the negotiation and the stress. We protect what m

atters with personalised Insurance, grow your future with tailored Wealth and KiwiSaver strategies, and help business owners fund growth with confidence. Total peace of mind.

Follow the control, not the money.In Australia, more than 75% of home loans now come through an adviser.New Zealand is h...
21/07/2026

Follow the control, not the money.

In Australia, more than 75% of home loans now come through an adviser.
New Zealand is heading the same way. The banks can see it.

Here’s a pattern worth naming.

Trail has all but disappeared from the New Zealand market; only a small minority of lenders still pay it, and the direction of travel is one way.

It isn’t happening in isolation. Commercial lending income has been trimmed. Clients are increasingly refixing inside an app, with no adviser involved. And at least one major lender has been visibly stepping back from the adviser channel - broker-introduced flow sliding, third-party remuneration reduced.

Any one of those is a cost decision. Together, they look more like a direction of travel.

And you can see the logic. In Australia, over 75% of mortgages now originate through advisers. In the US it’s over 90%. New Zealand is around 60% and climbing up from roughly 30% five years ago.

The third-party channel is winning the customer relationship. A bank that doesn’t hold that relationship has less say over pricing, cross-sell and the refix.

Seen that way, this was never really a debate about the cost of a 15-basis-point trail. It’s a question about who holds the client relationship - the bank, or the adviser sitting across the table.

Our honest read is that the remaining trail won’t last. That’s our opinion, not a fact - but we’d plan for it.

Either way, advisers should build for a world where trail isn’t coming back.

A business owner’s financial world doesn’t fit neatly into boxes.Your lending decisions affect your cash flow.Your accou...
14/07/2026

A business owner’s financial world doesn’t fit neatly into boxes.

Your lending decisions affect your cash flow.
Your accounting impacts your tax.
Your insurance protects everything you’ve built.
Your wealth strategy determines what happens after the business.

Yet traditionally, those conversations happen in different offices with different advisers.

Not anymore.

Today we’re excited to introduce Float Accounting.

It’s another step towards the vision we’ve been building from day one: bringing every part of your financial world together under one roof.

Because the best decisions aren’t made in isolation.

They’re made when your accountant understands your growth plans.

When your financial adviser understands your business.

When your lending strategy works alongside your tax strategy.

When everyone is pulling in the same direction.

This isn’t about replacing relationships for the sake of it.

It’s about giving business owners access to genuinely connected advice.

We’re excited for what’s next.

Float.
One relationship.
Effortless Financial Advice.

Only two banks in New Zealand still pay trail commission.BNZ and Kiwibank. That’s the whole list.Let that sit for a seco...
13/07/2026

Only two banks in New Zealand still pay trail commission.
BNZ and Kiwibank. That’s the whole list.

Let that sit for a second.

Westpac scrapped trail on 1 June, moving to a single upfront. ANZ and ASB were already upfront-only. Now that Westpac’s done it, the entire trail-paying field in this country is two banks.

The recurring income that was meant to fund a lifetime of looking after a client - the thing a lot of advisers built their whole model on - has been switched off, bank by bank, until almost nobody’s left paying it.

Here’s what we want you to notice, though.

Whatever reason you were given - that trail was too expensive, that it “aligns with industry standards,” that it delivers “better customer outcomes” - the effect is identical. They lifted the visible upfront and quietly removed the one payment that ties an adviser to a client for the life of the loan.

Pick whichever explanation you like. They all end the same way: the bank owning more of the relationship, and the adviser owning less.

Because trail isn’t just money. Trail is the thing that keeps you in the loop for the life of that loan.

Kill it, and you’ve weakened the one relationship the bank doesn’t control.

So the question for the next two weeks isn’t “how much have I lost.”
It’s why now, and who actually benefits.

We’ll walk you through exactly what the pattern is and what you do about it — over the next two weeks Tuesday posts.

Follow along if your business depends on getting this right.

Mānawatia a Matariki.Matariki is a time to pause, reflect on those who came before us, celebrate where we are today, and...
10/07/2026

Mānawatia a Matariki.

Matariki is a time to pause, reflect on those who came before us, celebrate where we are today, and look ahead with hope for the year to come.

Whether you’re spending this weekend with whānau, friends, or simply taking a well-earned moment to slow down, we hope you have a great weekend.

From all of us at Float, have a safe and happy Matariki.

Cats out the bag. Turns out he knows where the next championship will come from … and that’s at Float
03/07/2026

Cats out the bag. Turns out he knows where the next championship will come from … and that’s at Float

This morning we ran through our strengths assessment results in the team meeting.This helps us better understand how eac...
17/06/2026

This morning we ran through our strengths assessment results in the team meeting.

This helps us better understand how each of us thinks, communicates, solves problems and contributes to the team.

The assessment is useful.

What wasn’t part of the plan was Jeff deciding to match everyone to a fictional character.

So apparently:

• Blair is Ted Lasso
• Niran is Harvey Specter (surely he requested this)
• Naylon is Tyrion Lannister
• Matt Pepper is Michael Corleone
• Jeff is Spock

And somehow…

• Cory is Hermione Granger

Which is a slightly terrifying thought for everyone involved.

Jokes aside, it’s a good reminder that great teams aren’t built by hiring the same person over and over again.

Different strengths.
Different personalities.
Different ways of approaching problems.

The magic happens when those differences complement each other.

Now the real question is whether Jeff genuinely believes these are accurate, or if he just spent his morning finding creative ways to roast the team.

What’s your fictional character equivalent?

What Can You Use Your KiwiSaver For?KiwiSaver is often thought of as a retirement account. And while retirement is its p...
16/06/2026

What Can You Use Your KiwiSaver For?

KiwiSaver is often thought of as a retirement account. And while retirement is its primary purpose, over the years we’ve seen how it can play a role in other parts of people’s financial journey.

Some of the most common uses include:

Buying a first home – contributions can be used toward a deposit or to reduce mortgage principal.

Retirement income – it grows over time, helping provide long-term security.

Other limited circumstances – such as serious financial hardship, permanent emigration, or significant medical costs. These situations are tightly regulated and less frequent.

In practice, the value of KiwiSaver isn’t just about what you can withdraw, but how it connects with your broader plans - mortgages, savings, and other financial decisions. When clients take the time to understand these interactions, it often brings clarity about priorities and timing.

We approach KiwiSaver conversations from this perspective: looking at how it fits into the bigger picture, rather than treating it as a standalone account. It’s this kind of planning and insight that can make the rules more meaningful and easier to navigate.

Most people don’t need more relationships.They need fewer.For too long, getting your financial affairs sorted has meant ...
15/06/2026

Most people don’t need more relationships.

They need fewer.

For too long, getting your financial affairs sorted has meant dealing with different businesses for different things.

A mortgage adviser.

An insurance adviser.

A KiwiSaver provider.

An investment adviser.

All probably good people. All trying to help.

But often not talking to each other.

As Float has grown, we’ve become even more convinced that clients are better served when advice is connected.

That’s why we’ve continued building a business where lending, personal insurance, KiwiSaver, wealth advice, Fire and General Insurance and business solutions all sit under one roof.

One relationship.

One team.

One strategy.

Less explaining your situation over and over.

Less conflicting advice.

Less time trying to coordinate everyone yourself.

More clarity.

More alignment.

More confidence that everyone is rowing in the same direction.

And that’s what you get with Float

The NZ Herald is reporting that tens of thousands of KiwiSaver members are at risk of missing out on the Government cont...
11/06/2026

The NZ Herald is reporting that tens of thousands of KiwiSaver members are at risk of missing out on the Government contribution this year.

That’s a lot of people leaving free money on the table.

If you’re eligible, contributing $1,042.86 to your KiwiSaver before 30 June could see the Government add up to $260.72 to your account.

A guaranteed 25% return is pretty hard to find these days.

The people most likely to miss out are often self-employed Kiwis, contractors, business owners, stay-at-home parents, and anyone not contributing regularly through their pay.

It only takes a few minutes to check.

With all the noise around interest rates, inflation, and the economy, this is one of the simplest financial wins available right now.

Don’t let free money slip by.

30 June is closer than you think.

Big news for property investors.ANZ has reduced its minimum deposit requirement for investment properties from 30% to 15...
10/06/2026

Big news for property investors.

ANZ has reduced its minimum deposit requirement for investment properties from 30% to 15%.

For many investors, that’s a significant shift.

Over the past few years, rising interest rates, tighter lending criteria and lower equity positions have left many people sitting on the sidelines waiting for the numbers to stack up again.

This change may create opportunities to:

• Purchase an investment property sooner than expected
• Leverage existing equity more effectively
• Retain more cash reserves rather than tying everything up in a deposit

That said, just because you can buy with a 15% deposit doesn’t always mean you should.

The right structure, cashflow position and long-term strategy are still what matter most.

If you’ve been considering your next property move and want to understand what this change could mean for your situation, we’d be happy to have a chat.

At Float, we help clients navigate lending strategy, property investment and financial planning so they can make informed decisions with confidence.

Address

Shed 4, Works Depot , 90 Wellesley Street
Auckland
1010

Opening Hours

Monday 9am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+64800356288

Website

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