The Reserve Bank is proposing to restrict the amount of lending banks can do above an LVR of 80 percent to 10 percent of all new loans, down from 20…
The Reserve Bank is proposing to restrict the amount of lending banks can do above an LVR of 80 percent to 10 percent of all new loans, down from 20…
The Minister of Finance has announced he expects the Reserve Bank to have regard to house price sustainability when making its financial stability policy decisions. Expect Interest Only Lending to…
WARNING! Notifications coming through from some of our small business customers reporting increasing incidences of theft. Tools / trailers / car wheels.... anything easily shiftable.
The Reserve Bank today announced an extension of the regulatory guidance for the mortgage deferrals program to help customers in need. The regulatory guidance means banks can continue to offer…
The main banks are out with temporary mortgage relief packages in line with the 6 month “holiday” announced by the Government last week. This program is a JV between the…
Facilities are being put in place to temporarily assist customers facing cash flow issues. Options include.. Access: Waiver of home loan application, top-up, and re-documentation fees (Early Repayment Adjustment fees…
This 2 bedroom brick and tile unit in St Mary's Bay sold today @ $1,020,000. An end unit In a block of 4 its approximately 59 sqm internally.
Barfoot and Thompsons December sales figures are out confirming anecdotal evidence of a slow down. December 2015 sales were 796 down from December 2014 sales of 1050. A 24% fall. …
Data out from Harcourts today shows a fall in Northern region sales of 14% when comparing November 2014 with November 2015. Total new listing were down 17% and new auction…
The government has introduced a capital gains tax on residential property holdings for buy and sells within 2 years. Exemptions mean owner occupied housing is unlikely to be affected but…