Terms of Engagement

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Talking to someone who gets it really makes a difference.

Adam is a trusted Mortgage (financial) Adviser. Having owned and operated one of the most successful banking franchise in Australia. This unique experience gave him valuable insight into both banking, and small business ownership. Born and bread in Brisbane, Adam met his now wift (a Christchurch girl) whilst working in the bank over there. In 2016, their young family made the right move to call Christchurch home. Having worked in two of the big corporate banks in ANZ, and Westpac. Adam decided it was time for him to assist everyday Kiwis to achieve their personal business financial goals. Adam gives his clients comfort and confidence in dealing when dealing with their lending needs.

Adam Shepherd, Director & Senior Mortgage Adviser.

022 069 7255 | adam@lendingchoice.co.nz
10 Mayfield Avenue, Mairehau, Christchurch, 8013, New Zealand
FSP Number: 737111

Our promise

Five things…

Find the right deal for you

• We’ll compare 20+ banks and lenders
• No fees* for you, I’m paid by the lender you choose
• The power to negotiate discounts

Save you time

• We’ll compare the market for you
• Expert research to find you the right loan
• Do all the legwork for your application

Keep it simple

• No jargon! Everything explained simply
• I work for you, not the banks or shareholders
• Make moving in and out a breeze

Help you get covered

• Connect you with home and contents insurance
• Life insurance and income protection for unexpected situations

Help you grow

• Put a plan in place for the future
• Achieve your goals today
• Provide solutions for all your needs

You’re in good hands

We work in your best interests

We are your personal bank manager

We’re not a bank, nor are we owned by one

Proudly owner operated

We are a member of the largest financial group in New Zealand

With over 1200 advisers across the country.
#ADVISERSWORKFORYOU

Access to over 20+ banks and lenders all in one place.

How we will work together

First chat

We get to know you, and ensure you know what we do and how we do it. We’ll talk about what you are trying to do, your goals and ambitions, and whether we can help you.

Understand your situation

We’ll gather information from you including family details, income and assets and other financial information.

Research and recommend

We’ll research the market and ensure our recommendation is the most competitive solution for you, and best suits your needs.

Lodge your application

We’ll work with you and the lender, and do the legwork to get you pre approved.

Approval moment & protection

Congratulations! This is what we live for. Now you know what you can afford and have the thumbs up from your lender for what you need, when you need it. We’ll confirm the details with you. We will also see if we can help you get protection for your home and loved ones should anything go wrong.

Settlement process & being together for the long haul

We’ll also be there for you during the settlement process to keep an eye on it all and let you know everything has gone smoothly. This is just the beginning of our partnership. It’s my ambition to help your financial future thrive. I’ll be in regular contact with you to check in and review any changes to your situation.

Everything taken care of

Make sure your loved ones and lifestyle are protected

Insurance for your lifestyle:

• Health
• Mortgage protection
• Income protection
• Trauma cover
• Total and permanent disability
• Life
• Car + asset insurance
• Home and contents
• Investment properties

Get the right loan to give you the money you need

• Home loans
• Investment loans
• Refinance
• Commercial loans
• Car loans
• Personal loans
• Business loans
• Equipment loans
• Conatruction loans

Plan for the future you want

What else can we help you with?

• Kiwisaver
• Currency exchange
• UK pension transfers

Disclosure guide

Here is some key information you need to know to help you understand what type of advice I am able to give you, so that you can make an informed and confident choice when engaging me.

Details about me and my Financial Advice Provider

I am a Financial Adviser. I give advice on behalf of a Financial Advice Provider. My details are set out below:
Full Name: Adam Shepherd
Address: 10 Mayfield Avenue, Mairehau, Christchurch, 8013, New Zealand , , New Zealand
Phone: 022 069 7255
Email: adam@lendingchoice.co.nz
FSP Number: 737111
Name of Financial Advice Provider: Lending Choice Limited
Trading as: Lending Choice Limited
Address: 181 Edgeware Road, Edgeware, Christchurch, 8013, New Zealand
Phone: 0220697255
Email: adam@lendingchoice.co.nz
Website: www.lendingchoice.co.nz
My Financial Advice Provider is a member of NZ Financial Services Group Limited

Licensing Information

My Financial Advice Provider is authorised to provide a financial advice service under a current financial advice provider licence issued by the Financial Markets Authority in the name of: NZ Financial Services
Group

FSPR Number: 286965

Nature and scope of advice

The information below will help you understand what type of advice I can provide to you.

Services I provide

I will help you choose and apply for a loan that is suitable for your purpose from a panel of lenders (set out below). Once we have chosen a lender and loan terms that are suitable for you, I will help you to obtain an approval.

Banks and lenders I use

I source loans from a panel of lenders. The current lenders I can use are:

• ANZ
• ASB
• Cressida Capital
• Heartland Bank
• Pepper
• Select Home Loans
• Zip Business
• Westpac
• ASAP Finance Limited
• RESIMAC
• Southern Cross Partners
• Basecorp Finance
• BNZ
• Advanti Finance
• First Mortgage Trust
• NZCU Baywide
• SBS Bank
• The Co-operative Bank
• CFML

Products I can help you with

The types of financial advice products I can give advice on are:

• Home Loans
• Investment Loans
• Construction Loans

What else I can offer

I can help you with other services through my referral partners set out below:

• Tower – F&G
• Asset Finance
• UK Pension Transfers
• XE Money

I am unable to offer legal or tax advice and recommend you consult your solicitor or accountant for this
type of advice.

Fees and expenses

Generally I won’t charge you any fees for the financial advice I provide to you. This is possible because, on settlement of a loan, I usually receive commission from the lender [which is explained in the Commissions section of this Disclosure Guide]. Any exceptions to this general position are explained below. If these exceptions will apply to you, I will let you know.

One-off fees

I may charge you a one-off fee if the following occurs:
(a) When I don’t receive commission from the lender: If you request that I provide financial advice and I do not receive a commission from the lender, I may charge you a one-off fee. Any such fee would be agreed and authorised by you in writing before I complete the services, and would be based on an estimate of the time spent providing the advice. This may arise in the rare event that you request that I provide services in relation to either a product that is offered by a lender that I do not hold an accreditation with, or a product that is outside my usual arrangements with my approved lenders.

(b) When I have to repay commission to the lender: In the event that, in the 28 month period following drawdown of your loan, your loan is fully or partially repaid or the terms materially changed, and a lender requires that I repay the applicable commission to them, we may charge you a one-off fee. Any such fee would be no more than $2,500 (plus GST, if any) and would be calculated based on a rate of $250 (plus GST, if any) per hour of my time spent providing financial advice to you in connection with the applicable loan. The fee I charge you will not exceed the amount of commission I have to repay to the lender.

You will be invoiced for any one-off fee and will be given 30 days to make payment.

Commissions & incentives

On settlement of a loan I usually receive a commission payment from the applicable lender.

The commission is generally an upfront commission payment but I may also receive an ongoing trail commission payment. The upfront commission is calculated as a percentage of the loan at drawdown. A trail commission is calculated as a percentage of the loan outstanding at the relevant time.

I may also receive a fixed rate roll over fee from the applicable lender if I assist in refixing your loan.

The maximum percentage that each lender uses to calculate upfront and trail commissions, and the maximum fixed rate roll over fees (refix fees), are set out in the table below. If there are any variations to these percentages or other commission payments that may apply, specific to your loan application, I will disclose this to you as part of my advice process.

I may also receive a referral fee or commission payment if I refer you to our referral partners listed above. I will give you more information about how that referral fee or commission is calculated, before proceeding.

From time to time, I may receive incentives or rewards from lenders. For example, they may provide me with gifts, tickets to events or other incentives.

I manage the conflicts of interest arising from these commission payments by:

• Following an advice process that ensures I understand your needs and goals so that I always recommend the best product for you regardless of the type and amount of commission I will receive.
• Ensuring the amount of any loan is in accordance with your identified needs.
• Providing you with the table below showing commission rates and types by lender.
• Undertaking regular training on how to manage conflicts of interest.