Our thoughts are with you, Christchurch. If your home has been affected by these events, we're here to lend a hand.
If your home is inside the Red Zone
We have a financial assistance package available for home owners accepting the Government's Compensation Package.
You'll be able to borrow up to $500,000 plus:
- You'll get 2.0% off the floating interest rate for the first 12 months
- You won't pay an application fee
- You'll get $500 towards your legal costs
- You'll pay no Early Repayment Interest for fixed rate loan adjustments
- And if you already have your home loan with us, you may be able to borrow up to 95% of valuation
Plus, if you're a term investment customer you won't pay a penalty for early access to your funds to put towards your new home*.
If you live outside the Red Zone
If you already have a home loan with us and you live outside the Red Zone, we have a range of support options available, including a mortgage repayment 'holiday' and an emergency overdraft arrangement.
To find out more contact TSB Bank today.
TSB Bank Limited's lending criteria, terms and conditions apply. Interest rates are subject to change. Only available to Christchurch residents in the Red Zone as defined by EQC up to 80% of valuation. EQC and any insurance funds must be credited to TSB Bank. All salary/wages/superannuation payments must be direct credited to TSB Bank. This package is available until 31 March 2012 and loans must be drawn down by 30 June 2012. This package is only available for residential properties. Confirmation of building insurance (excluding 21 day stand down period) to be provided prior to loan contracts being issued. *Applies to term investments opened before 30 June 2011 only.
