Month: May 2019

Mortgage lending picks up in April after a soft March

Despite Easter/ANZAC being close together and many people taking an extended holiday (rather than visiting the bank), mortgage lending activity was solid in April. Even so, the banks in aggregate are still operating well below the LVR speed limits, and interest-only lending to investors is contained too. Over the next few months, there has to […]

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Warning: Insulation Deadline Looming

Landlords take note: there’s only one month left to insulate rental properties before a $4,000 fine from MBIE comes into play. From 1 July 2019 ceiling and underfloor insulation will be compulsory in all rental properties around New Zealand. REINZ chief executive Bindi Norwell says it’s imperative that landlords, who haven’t already acted, take action […]

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