Loans for renovations

Sunday 10 October 2004

Owners of older rundown suburban buildings in Auckland City could be offered loaned money for restoration work under a proposal expected to emerge after the elections.

By The Landlord

Low or no-interest loans would be available to residents to help with renovations, with the aim of discouraging developers from buying villas just to knock them down.

The scheme is backed by Auckland City Council heritage manager George Farrant and political ticket Action Hobson.

At a talk given by the Parnell Historic Society during heritage week last month, Mr Farrant said he supported the idea in principle.

Read More - Opens in a new window
Commenting is closed

Property News

Key reform will only protect bad tenants

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.

House Prices

No stopping Capital price rises

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.


Demand challenges for commercial sector

Vacancy rates in the commercial property sector are set to increase as changing economic conditions dampen demand.

Site by PHP Developer