Property

Aidanfield buyers still waiting

The owners of 67 sections in the stalled Aidanfield subdivision near Halswell are wondering when they can start building.

Monday, December 13th 2004

The owners bought properties in stage 4b of the six-stage subdivision, and it is understood titles were due to be issued by September. Three months later, they are still waiting.

The delays follow a dispute over the development of a stormwater system that has prompted Environment Canterbury (ECan) to threaten legal action against the Christchurch City Council and developer Aidanfield Holdings amid allegations of environmental abuse.

Builders spoken to by The Press yesterday said the delays had left them thousands of dollars out of pocket as they waited to start work.

One builder contracted to work on stage 4b said his company was due to start work this week, but had been unable to.

"This is going to affect our business," said the builder, who did not want to be named.

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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
ANZ Special 4.49
ASB Bank 4.49
SBS Bank Special 4.49
Unity Special 4.49
Westpac 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
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

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