Property

Building Code submissions out

The Department of Building and Housing has released a synopsis of submissions received on the discussion document Building for the 21st Century: Review of the building Code.

Tuesday, February 13th 2007

The department received 265 submissions on the scope and content for the new Building Code from individuals, community organisations and industry professionals.

Submitters supported balancing any new provisions with affordability and cost. They noted that affordability of high-quality durable materials could be a problem, but that often the upfront costs were less than those for ongoing maintenance of lower-quality products.

Builders submitted that the Building Code should stipulate acceptable minimum levels and that market forces were the best determinant of the level of building quality.

The submissions will guide the direction of a second discussion document, which is expected to be available for public comment in the first half of this year.

It will seek public comment on specific performance requirements for buildings, and the transition to a new or revised building code.

The Building Code review is due for completion in November 2007, with changes projected to take effect from 2008.

SBS FirstHome Combo 6.74
Heartland Bank - Online 6.89
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.55
SBS Bank Special 6.69
TSB Special 6.75
Westpac Special 6.75
China Construction Bank 6.75
ICBC 6.75
AIA - Go Home Loans 6.75
ASB Bank 6.75
Unity 6.79
Co-operative Bank - Owner Occ 6.79
SBS Bank Special 6.19
ASB Bank 6.39
Westpac Special 6.39
AIA - Go Home Loans 6.39
China Construction Bank 6.40
ICBC 6.49
Kiwibank Special 6.55
BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
TSB Special 6.59
SBS Bank 6.79
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

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