Reserve Bank’s LVRs will have little impact on New Zealand’s house price growth and more macro-prudential tools are likely, a global ratings agency says.
Housing supply shortage and tighter bank lending requirements mean small-scale property developers are flocking to non-bank alternatives to secure finance for their projects.
Former Barfoot & Thompson agent Aaron Hughes has been stripped of his licence, by the Real Estate Agents Disciplinary Tribunal, for on-selling two properties in 2014.
This fully renovated property features three good sized bedrooms and fabulous living leading out onto a sunny deck.
Featuring new flooring throughout, new kitchen, modern bathroom and insulation in the...
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Tales of pet-owning tenants struggling to find rental accommodation abound – but one Christchurch couple...
The Reserve Bank’s new investor-targeted LVR rules come into effect on 1 October, but there are solutions...
Ask an expert
“I purchased an investment property 12 months ago and paid 50% as a deposit. I have now sold an overseas property and bought a house for myself, which is also mortgaged 50%. I want to move the loan on my house to the investment property, which the bank is willing to do. However, when I asked my accountant if I...”
Our expert Mark Withers responds »
Negligent property manager?
“We hired a professional rental management company for our property while overseas for 15 months. We decided to rent partly furnished and decided to sell our property on our return to NZ. The tenant left two weeks after being offered the property and advised of sale. The agency returned the full bond on final inspection,...”
Our expert Bernard Parker responds »
Sell or hold in Kingsland
“We own an apartment in Kingsland, Auckland which looks as though it has significantly increased in value since we bought it. It is not quite a positive cash flow yet: we contribute a small amount each week to cover the mortgage and body corp fees. But, if we sold it, we could possibly buy another rental in somewhere...”
Our expert Kris Pedersen responds »
See also: Residental Dwelling Sales statistics »