Property Management

Banks run scared on Waitara leases

Uncertainty over the future of Waitara leasehold land is causing heartache and anger for some lessees, who say they are trapped in houses they cannot sell.

Thursday, December 11th 2003

The latest blow has been the reluctance of some banks to provide, or extend, mortgages to prospective purchasers or occupiers.

In August, the New Plymouth District Council made a preliminary decision to return to Te Atiawa iwi 179ha of endowment land confiscated by the Crown after the Taranaki war of the 1860s.

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Bach fetches nearly $1 million at auction

Unity First Home Buyer special	4.09
SBS FirstHome Combo	4.19
ICBC	4.49
Co-operative Bank - First Home Special	4.55
Kainga Ora	4.59
BNZ - Std	4.65
Co-operative Bank - Owner Occ	4.65
ASB Bank	4.65
AIA - Go Home Loans	4.65
TSB Special	4.69
SBS Bank Special	4.69

China Construction Bank	4.95
Kainga Ora	4.95
ICBC	4.99
Nelson Building Society	5.09
BNZ - Std	5.19
SBS Bank Special	5.19
Westpac Special	5.19
ASB Bank	5.25
AIA - Go Home Loans	5.25
TSB Special	5.25
Kiwibank Special	5.29

ICBC	5.65
Kainga Ora	5.69
Westpac Special	5.79
BNZ - Std	5.79
SBS Bank Special	5.79
Co-operative Bank - Owner Occ	5.89
ASB Bank	5.89
AIA - Go Home Loans	5.89
Kiwibank Special	5.99
TSB Special	5.99
China Construction Bank	5.99

SBS FirstHome Combo	3.29
AIA - Back My Build	3.34
SBS Construction lending for FHB	3.74
CFML 321 Loans	3.95
Co-operative Bank - Owner Occ	4.99
Co-operative Bank - Standard	4.99
ICBC	5.39
Kiwibank - Offset	5.75
Kiwibank Special	5.75
Kiwibank	5.75
Unity Standard	5.79

Property Management

Banks run scared on Waitara leases

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