Property Management

'Scam' costs couple's home

A Huntly couple say they're the victims of a finance scam which has cost them their house, their health and their good name.

Wednesday, November 26th 2003

All pensioners Ken and Colleen Wallen wanted when they borrowed $14,000 off Hamilton finance brokers Miles McKelvey and Arden Fatu two years ago was enough money to settle a few debts and buy a new car.

What they've got now is a $78,000 debt, no car and worsening health problems caused in part by stress.

Read More - Opens in a new window

Waitaki property prices soaring

More Stories

Friday, March 21st 2025

Four decades of 6-7% yearly house price growth ending

New Zealander’s reliance on property capital gains in the mid-single digits is at an end.

Friday, January 31st 2025

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

It’s been years in the making and former real estate agent Mike Harvey is now coming to market with his platform matching buyers and sellers, an offering he says will be a gamechanger for the industry.

Friday, January 17th 2025

Leaving last year's stumbling housing market behind

As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.

Wednesday, January 15th 2025

Don’t bet on house prices rising faster than incomes

Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.

SBS FirstHome Combo	4.29
Unity First Home Buyer special	4.69
Co-operative Bank - First Home Special	4.89
ANZ Special	4.99
SBS Bank Special	4.99
ASB Bank	4.99
TSB Special	4.99
Kiwibank Special	4.99
Westpac Special	4.99
ICBC	4.99
China Construction Bank	4.99

Wairarapa Building Society	4.75
Nelson Building Society	4.97
Kainga Ora	4.99
SBS Bank Special	4.99
Co-operative Bank - Owner Occ	4.99
Unity	4.99
TSB Special	4.99
ANZ Special	4.99
ASB Bank	4.99
AIA - Go Home Loans	4.99
Westpac Special	4.99

Westpac Special	5.39
ICBC	5.49
BNZ - Classic	5.59
Co-operative Bank - Owner Occ	5.69
ASB Bank	5.69
SBS Bank Special	5.69
AIA - Go Home Loans	5.69
BNZ - Std	5.79
Kiwibank Special	5.79
Kainga Ora	5.79
TSB Special	5.89

SBS FirstHome Combo	4.19
AIA - Back My Build	4.44
CFML 321 Loans	5.25
Co-operative Bank - Owner Occ	5.95
Co-operative Bank - Standard	5.95
Heartland Bank - Online	6.25
Kainga Ora	6.44
Kiwibank Special	6.50
Kiwibank - Offset	6.50
ICBC	6.50
Kiwibank	6.50