Property Management

Govt to clamp down on buyback schemes

The Government is to fast-track laws covering housing buy-back schemes and is setting up a toll-free phone line to get an idea of how widespread the schemes are...

Wednesday, June 25th 2003

The schemes, accused of being scams, targeted people with high equity in their homes and offered them cash in exchange for that equity which could be used to help the family buy a second home.

The people were then hit with high fees and interest rates. They also signed over ownership papers, so when they failed to meet a payment on the interest they had their homes sold from under them.

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Thursday, October 09th 2025

Unity First Home Buyer special	3.99
ICBC	4.25
SBS FirstHome Combo	4.29
Co-operative Bank - First Home Special	4.39
TSB Special	4.49
ANZ Special	4.49
ASB Bank	4.49
SBS Bank Special	4.49
Unity Special	4.49
Westpac Special	4.49
Kiwibank Special	4.49

TSB Special	4.49
ANZ Special	4.49
Westpac Special	4.49
Wairarapa Building Society	4.59
ICBC	4.59
BNZ - Std	4.65
AIA - Go Home Loans	4.65
Unity Special	4.65
ASB Bank	4.65
SBS Bank Special	4.65
Nelson Building Society	4.69

SBS Bank Special	4.99
Westpac Special	4.99
ICBC	4.99
TSB Special	5.39
BNZ - Std	5.39
ANZ	5.39
AIA - Go Home Loans	5.39
ASB Bank	5.39
Co-operative Bank - Owner Occ	5.49
Kainga Ora	5.49
SBS Bank	5.59

SBS Construction lending for FHB	3.74
CFML 321 Loans	4.25
AIA - Back My Build	4.44
ICBC	5.39
Heartland Bank - Online	5.45
Co-operative Bank - Owner Occ	5.70
Co-operative Bank - Standard	5.70
ANZ	5.89
TSB Special	5.94
ASB Bank	5.99
Pepper Money Prime	5.99

Property Management

Govt to clamp down on buyback schemes

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