The Reserve Bank has confirmed that further OCR cuts are likely to be needed.
Looming policy measures will slow investor demand in Auckland, but marked supply and demand shifts are necessary to rebalance the market, according to one major bank.
The Financial Markets Authority has issued its first ever stop order against Green Gardens Finance Trust, which it says was offering investments illegally, trying to raise money for property development in Auckland.
WELCOME to Ramada Suites Tuam Street, They offer investors the opportunity of a commercial lease to the Ramada franchisee for a maximum term of 30 years at a minimum 7.5% guaranteed gross return and with...
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“I am looking at building a second dwelling on a tenanted property which would require water and power access from this property. What would be a reasonable arrangement for charging the current tenant their portion of the water and power bills? ...”
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“I have a look through company (LTC) with four rental properties. My bank manager has said the bank can’t offer me a revolving mortgage because my company is a LTC. The manager was unable to explain this further. In 2010 to 2011 I changed my company from the LAQC to LTC after discussing this with my accountant....”
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Ending a tenancy
“I have a couple of questions. My partner (we're not married) is needing a place to live (currently we're doing the long distance thing). Can I terminate my tenants' lease so she has somewhere to live? Also, I'm having a lot of problems with tenants not paying on time, etc. The tenancy agreement...”
Our expert Alan Bruce responds »
See also: Residental Dwelling Sales statistics »