Property

Sinking house doomed from the beginning

Witnesses are lining up to give evidence against Palmerston North City Council in an attempt to help Coromandel Court home owners Barry and Sheryl McKay get their money back.

Wednesday, November 24th 2004

Former Palmerston North city councillor Les Baty says he is prepared to go to court to support the couple. He believes the housing development, off Featherston Street in Palmerston North, should never have been built.

Mr Baty - a councillor from 1989 to 2001 - has slammed the current council for its treatment of the couple, who are seeking to recover the cost of their $127,000 home.

The couple want compensation for their house, which is slowly disappearing into the ground because of subsidence on the site, which overlooks the Featherston Street Pit.

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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
ASB Bank 4.49
SBS Bank Special 4.49
Unity Special 4.49
Westpac Special 4.49
Kiwibank Special 4.49
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SBS Bank Special 4.49
BNZ - Std 4.49
Kiwibank Special 4.49
TSB Special 4.49
AIA - Go Home Loans 4.49
ASB Bank 4.49
Co-operative Bank - Owner Occ 4.49
ICBC 4.59
Wairarapa Building Society 4.59
Unity Special 4.65
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 3.29
AIA - Back My Build 3.34
SBS Construction lending for FHB 3.74
CFML 321 Loans 4.25
Co-operative Bank - Owner Occ 4.99
Co-operative Bank - Standard 4.99
Heartland Bank - Online 5.30
ICBC 5.39
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ANZ 5.69

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