Cut Down Your Mortgage
Many who think they can’t live on their current income are frittering a bigger chunk of it away than they realise. Whether they’ve bought a first home, upgraded, or extended the mortgage to pay for building works, many Kiwis, and Aucklanders in particular, have saddled themselves with way more debt than they care to think […]
Home Loans Dipped Ahead Of Changes
Weekly figures released by the Reserve Bank show 5668 home loans were approved in the week ending August 12 – down from 6332 in the week ending July 15 – the week before the latest plans to tighten lending were announced. Karen Tatterson, a mortgage broker with Loan Market said she was not surprised lending […]
Sylvia Park Expansion
Kiwi Property Group, the country’s biggest listed property investor, plans to build an $80 million office tower as part of a broader development of the Sylvia Park retail centre in Auckland. “We are delighted to have secured IAG as our first tenant and we are experiencing strong interest from other businesses attracted to a Sylvia […]
Home Becomes Investment
21 per cent of Kiwi’s believed their “own home” was the best investment up from 14 per cent at the end of last year.The analysis was based on 782 online interviews with adults 18 years or older throughout New Zealand during the second quarter of this year. Jonathan Beale, general manager of wealth at the […]