Second chance at loans
Friday 13 February 2004
Don't panic if you're rejected by the bank - these days you can still get a mortgage.
By The LandlordIf you don't meet the banks' strict criteria because you're self-employed or you have a bad credit history, then the growing non-conforming mortgage market may provide your finance. And it doesn't involve a loan shark.
In the past three years the non-conforming mortgage market has jumped the Tasman and established itself here.
Read More - Opens in a new window
Commenting is closed
Getting rid of “no cause” termination notices only serves to protect bad tenants and will have a negative impact on the broader community, not just landlords, according to landlord advocates.
There’s no sign of a slow-down in Wellington’s property prices with Trade Me Property’s latest data showing that asking prices continue to rise solidly.
Vacancy rates in the commercial property sector are set to increase as changing economic conditions dampen demand.
LVR restrictions were never meant to be a permanent feature of New Zealand’s housing market and ANZ economists argue that some further relaxing of them could soon be on the cards.