Marlborough Property Investors' Association

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Archive: October 2013

It could take months to see LVR impact: Agency

It could be up to six months before it’s clear whether the Reserve Bank’s new loan-to-value speed limits have made any difference to the Auckland property market, says real estate agency Barfoot and Thompson.
03-10-2013 more >>

LVR restrictions 'could spark complaints'

The Banking Ombudsman is expecting the new loan-to-value speed limits to cause a spike in mortgage-related issues. The restrictions came into force yesterday and require banks to keep their low-deposit lending to no more than 10% of their new loans.
02-10-2013 more >>

Building consents slow

After two years of growth, the trend for new house consents appears to be flattening, Statistics New Zealand says. That's not good news for Auckland, where a lack of supply is being blamed for soaring house prices.
02-10-2013 more >>

Govt gifts deposits to regional buyers

First-home buyers in the regions will be given a 10% deposit from the Government if they buy state houses that are not needed by the Government. The FirstHome initiative has been announced by Housing Minister Nick Smith.
01-10-2013 more >>

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