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July 20, 2017
Insulation grants are being extended to low-income homeowners – which should prompt investors to get in quick before the scheme ends.
Until now, the government’s $18 million Warm Up New Zealand: Healthy Homes programme has targeted landlords.
It has offered subsidies to landlords for the costs of putting ceiling and underfloor insulation into rental properties occupied by low-income families since mid-2016.
But Energy and...
November 2, 2016
Banks have had to cancel some preapprovals for investors, which were issued before the recent change to loan-to-value restrictions.
New LVR rules mean investors throughout the country now need a 40% deposit to buy investment property.
Previously, they had needed 30% in Auckland and 20% elsewhere.
Although banks were instructed to act in the spirit of the rules when they were first announced in July, the official start date...