Property Management

Flood to add to rates costs

February's floods could cost the region's 104,000 ratepayers extra money for the next five years.

Monday, June 14th 2004

Horizons Regional Council is proposing that an extra 8 percent be charged as a storm-recovery rate on annual rates demands.

On a property with a capital value of $200,000, that would cost an extra $8.

This rate would decrease slowly over the next few years, stopping in 2008-09.

The aim is to raise an extra $2 million.

Horizons spokesman John McDonald said details of how the extra money will be collected depends on how ratepayers react to the idea.

Read More - Opens in a new window

Homeless hunt for unused homes

Unity First Home Buyer special	3.99
ICBC	4.25
SBS FirstHome Combo	4.29
Co-operative Bank - First Home Special	4.35
TSB Special	4.39
Co-operative Bank - Owner Occ	4.45
ANZ Special	4.49
ASB Bank	4.49
SBS Bank Special	4.49
Unity Special	4.49
Westpac Special	4.49

Westpac Special	4.45
SBS Bank Special	4.49
BNZ - Std	4.49
Kiwibank Special	4.49
TSB Special	4.49
AIA - Go Home Loans	4.49
ANZ Special	4.49
ASB Bank	4.49
Co-operative Bank - Owner Occ	4.49
ICBC	4.59
Wairarapa Building Society	4.59

SBS Bank Special	4.99
Westpac Special	4.99
ICBC	4.99
BNZ - Std	4.99
AIA - Go Home Loans	5.15
ASB Bank	5.15
Co-operative Bank - Owner Occ	5.19
ANZ	5.39
TSB Special	5.39
Kiwibank Special	5.39
Kainga Ora	5.49

SBS FirstHome Combo	3.44
AIA - Back My Build	3.54
SBS Construction lending for FHB	3.74
CFML 321 Loans	4.25
Co-operative Bank - Owner Occ	5.30
Co-operative Bank - Standard	5.30
ICBC	5.39
Heartland Bank - Online	5.45
Kiwibank - Offset	5.80
Kiwibank	5.80
ANZ	5.89

Property Management

Flood to add to rates costs

Next Article

Most Read

Top Mortgage Rates

More Stories

Market recovery signals consistent with interest rate falls

Another swipe at property investors

Capital gains tax almost irrelevant – English

New rules for meth contaminated houses