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Featured Stories
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Can I cancel a Sale and Purchase Agreement after signing?
26 April 2013 3:41 PM | No Comments
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The hidden costs of buying a house
26 February 2013 6:23 AM | 7 Comments
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Mixed use of holiday homes
07 December 2012 2:56 PM | No Comments
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4 Checks to do before buying a property at Auction
06 December 2012 9:49 AM | No Comments
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Can you buy at Auction without a 10% deposit?
05 December 2012 11:06 PM | No Comments
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Buying leasehold is a risky business
11 November 2012 11:47 PM | No CommentsThe risks of purchasing leasehold property have again been highlighted in the media this week with apartments at Scene Three on Beach Rd in Auckland City facing an increasing of ground rent of up 470%. This means that owners of a small one bedroom apartment who were paying $1400 per annum could now be paying $8000 to the Ngati Whatua o Orakei Maori Trust
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IRD focus on property dealings
08 October 2012 12:49 AM | No Comments
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buying a house Archive
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The hidden costs of buying a house
Posted on February 26, 2013 | 7 CommentsA house is an expensive purchase – everyone knows that, but there are additional costs associated with purchasing a property that buyers often forget about. 10 costs that are commonly... -
Mortgagee Auctions – Buyers beware!
Posted on February 4, 2012 | 5 CommentsThere may be some bargain properties up for grabs at mortgagee sales but buyers need to beware. Purchasing at mortgagee auction is not without its risks. Buying a property at auction is... -
Revolving Credit – the Pros and Cons
Posted on January 17, 2012 | 2 CommentsA Revolving Credit mortgage, if used properly, can be a powerful tool to help pay your mortgage off a lot quicker than you can under a standard “term” mortgage. What... -
The Lawyers role in Private Property Sales
Posted on August 2, 2011 | No CommentsThe number of private sale contracts (properties being sold without a real estate agent) coming through my office has increased substantially over recent times so I imagine it would be... -
Crossleases and other forms of land tenure.
Posted on July 20, 2011 | 4 CommentsIf you are looking to purchase a property it is essential that you understand what type of property you are purchasing and the implications of this. There are various types of... -
The Banks want to lend you More Money
Posted on May 19, 2011 | No CommentsThe global financial crisis is old news, and financial institutions in New Zealand are more than ready to get the ball rolling again. In fact, the major New Zealand banks... -
Due diligence clauses and why Vendors dont like them
Posted on April 27, 2011 | 1 CommentDue diligence clauses are great for purchasers but vehemently opposed by vendors and agents -
Wellington Market Update and Getting Your House SOLD!!
Posted on April 21, 2011 | No CommentsThe latest version of NZ Property Pulse was just released recently, showing that interesting market conditions remain throughout most of the country. The Wellington specific results can be found via... -
Auckland – the Place to be?
Posted on April 6, 2011 | No CommentsEveryone in New Zealand has a view one way or another on Auckland. Whichever side of the fence you’re on the indications are that Auckland seems to be seeing the... -
Signs of Housing Stability?
Posted on March 23, 2011 | No CommentsThe New Zealand housing market showed signs of improvement in February, although the recent earthquake in Christchurch is likely to affect stability in the coming months. While the market was... -
Mother Nature in charge of Economy
Posted on March 16, 2011 | No CommentsThe forces of nature are effecting a lot more than just the landscape this year. Largely as a result of the Christchurch earthquake and the huge cleanup task ahead the... -
The wording of builders report conditions
Posted on March 14, 2011 | No CommentsMost astute purchasers realize the importance of getting a building inspection done before committing to purchase a property. They do this by inserting a specific condition (clause) in the Sale and Purchase agreement making... -
The Economy – back to the Bad Old Days?
Posted on March 4, 2011 | No CommentsAs a Company we’ve seen some pick up in housing market activity. For a lot of clients not directly involved in property related industries this is almost a “Perfect Storm”... -
Mortgages most Affordable for Seven Years
Posted on February 23, 2011 | 1 CommentA mortgage became the most affordable in seven years in January as house prices fell and low interest rates lifted home buyers’ purchasing power, a report shows. A slight rise... -
Landlords Prosper as Rental Market Grows
Posted on February 17, 2011 | No CommentsEven though the economy is struggling in many ways, New Zealanders are continuing to invest in rental property. In fact, the housing affordability pressure experienced by so many is having... -
A bleak picture of stagnant housing markets and rising debts
Posted on February 12, 2011 | 1 CommentThe latest statistics for house sales for November 2010 were down 15% on 2009 but up 1,235 on October’s figure and the average house price rose 1.4 percent on a... -
Property Trade Funding
Posted on February 9, 2011 | 1 CommentFunding for property trading is more specialised that getting a loan through a Trading Bank. Property Traders make their money by buying a property at a price which allows them... -
Pre-settlement inspections
Posted on February 7, 2011 | No CommentsWhen you are purchasing a property under the standard NZLS Sale and Purchase Agreement you have the right to do a final inspection of the property prior to settlement (except in the... -
How much Debt is too Much?
Posted on February 3, 2011 | No CommentsWhat I’ve learned over my time in banking and finance is that there is tax effective debt and non-tax effective debt – but there is no such thing as “good”... -
The Borrowing Cycle
Posted on January 26, 2011 | No CommentsJust like property value peaks and troughs, the ability to borrow follows similar patterns. The borrowing cycle generally loosely follows the property cycle, but lags behind it. When properties are...
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