There's been a lot written about the Reserve Bank's new capital rules for banks and some of it seems to miss the mark. Here's Tarawera Publishing managing director, Philip Macalister's, take after hearing from the governor yesterday.
It's that time of the year where we run the NZ Property Investor's survey of investor. Take part and be in to win.
There’s a more upbeat feel to the property market and it’s obvious in this month’s QV data which has values firmly on the rise.
The current owners have neither the inclination nor the energy to complete this project.
There is not a lot to say about this, except that it is located in this prime Maori Hill St, currently...
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Ask an expert
“The tenants in my property have used a drier in the laundry, un-ventilated for three months. This has led to a great deal of mould and peeling paint. Prior to this, the three-monthly inspection reports for this tenant were clear that there was no damage/mould anywhere in the house. The reports covering the six years before...”
Our expert Bernard Parker responds »
Equity for family purchase?
“We own a home in Cambridge. Its value on Homes.com is $845,000 to $920,000. The outstanding amount on the mortgage is $460,000. Both my wife and I are self-employed and we have three kids. As we are self-employed, our accountant does a good job showing as little as possible income. Our total income is $170,000 but our...”
Our expert Kris Pedersen responds »
Non-written tenancy agreement
“We have had a tenant abscond without written notice. He didn’t have a written tenancy agreement as he would not provide written references or his drivers licence for us to check and verify his identity. He did pay his rent most of the time since moving in last July. But my question is - was he a tenant and did we...”
Our expert Jennifer Sykes responds »
See also: Residental Dwelling Sales statistics »