Property Management

Building reforms overkill: owner

Leaky-home owner Mark Swayne says the Government's latest building industry package is like reaching for a sledgehammer to kill an ant.

Monday, March 17th 2003

"The three reasons these places leak are quite identifiable and quite fixable, without going through all this sort of palaver,"...

"It's lack of flashings, use of untreated timber and taking external walls down too far ... If you address those issues and you have a [wall] cavity as well, you ain't going to have a problem...

However, he predicted that councils could be next in the firing line for approving leaky buildings in the past. His assessor from the Government's Weathertight Homes Resolution Service had recommended extensive recladding for his house and told him that other assessors were reaching the same conclusions across the country.

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SBS FirstHome Combo 6.74
Heartland Bank - Online 6.89
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.55
SBS Bank Special 6.69
TSB Special 6.75
Westpac Special 6.75
China Construction Bank 6.75
ICBC 6.75
AIA - Go Home Loans 6.75
ASB Bank 6.75
Unity 6.79
Co-operative Bank - Owner Occ 6.79
SBS Bank Special 6.19
ASB Bank 6.39
Westpac Special 6.39
AIA - Go Home Loans 6.39
China Construction Bank 6.40
ICBC 6.49
Kiwibank Special 6.55
BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
TSB Special 6.59
SBS Bank 6.79
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

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