Property

Leaky homes assistance available

From today the owners of leaky homes will be able to seek repair funding from the Government's leaky homes Financial Assistance Package.

Friday, July 29th 2011

"Now that all parties have agreed to the financial assistance package we will see more leaky homes fixed rather than homeowners spending thousands of dollars in costly litigation," said Building and Construction Minister Maurice Williamson.

Under the package, qualifying homeowners will receive a 25% contribution from the Government and may receive 25% from their local council, with the contributions based on actual repair costs.

However, homes over 10 years old remain ineligible for the assistance.

Qualifying claimants will also need to demonstrate they can pay their share of the repair cost and those signing up to the deal must forgo the right to sue councils and the Government.

"I'm proud that this Government has been able to deliver owners of leaky homes a positive, alternative way of getting their home fixed so they can move on with their lives," Williamson said.

Leaky homeowners who want to know if they qualify for the assistance package can visit the Department of building and Housing website at www.leakyhomes.govt.nz.

 

 

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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
Westpac Special 4.45
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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