Banks call for low-deposit applications

Banks want to hear from first-home buyers with small deposits. Since last year, they have had to keep their lending to borrowers with less than a 20% deposit to no more than 10% of new lending. But they

Interest rates could fall during the OCR pause

Interest rates could fall further than the Reserve Bank is comfortable with after the latest OCR announcement, economists say.

Bennett: Tell us about annoying red tape

Local Government Minister Paula Bennett says she wants to hear from property owners about “loopy” council rules and regulations.

Hamilton North - 2X2 BEDROOM UNITS WITH 8.5% RETURN & APPROX $17K EQUITY

$327,995 2x2 Bedroom block units located in Fairview Downs area. Flat section with double carport and two garden sheds. Close to all forms of schooling. Verbal Valuation Amount of approx. $345,000 after reno giving...
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What the Reserve Bank said about interest rates

The Reserve Bank has kept its word and increased the official cash rate. It has also indicated there...

Market on tenterhooks: ANZ

Low levels of property market activity and rising interest rates are combining to create less intense...

Local factors driving yields: Report

Region-specific factors have an important role to play in the performance of rental yields, a new report...

Landlord to pay $5000 over tenant death

A landlord whose DIY installation of a gas oven cost his tenant her life has been ordered to pay $5000...

Ask an expert

Property trading tax?
“I am interested in buying, renovating and selling residential property for profit? I would expect to complete two to three properties per year. Can you please advise if it is correct that the rate of property speculation tax for a property acquired and disposed of within six months is 90% of the profit? If this is the case,...”
Our expert Mark Withers responds »

Questioning Tenancy Tribunal decision
“I have to express concerns regarding Tenancy Tribunal hearings and the knowledge/competency of certain adjudicators. I am currently waiting on a decision from a hearing where the tenant took the property manager and I to the Tribunal due to the property I rented to him being burgled. He claimed the ranch slider that the...”
Our expert Alan Bruce responds »

Lingering complaint about property manager
“Hi there, I need to get this off my chest as it's been bugging me since I moved. I had a problem with how the property manager treated me but I still had to pay for a letting fee. First of all I was only given the key from them and they never took me through the property to view it before I decided to move in. Instead...”
Our expert Juliet Robinson responds »

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See also: Residental Dwelling Sales statistics »

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