South Canterbury Property Investors' Association

0211556274

south-canterbury@nzpif.org.nz

News & Updates

Recent updates

South Canterbury News

A swarm of rate changes

There is good news for the homeowners who are refinancing the $42 billion of fixed home loans that are maturing this year.
30-12-1899 more >>

Look to lock in rates

Finding a fixed rate loan at the right price can be crucial to whether you can afford your dream home or investment property. But if you have to delay completion of the purchase you face the possibility that you will lose the cheap rate.
30-12-1899 more >>

Bollard raises rates but tones down the rhetoric

While Reserve Bank governor Alan Bollard raised interest rates as expected, the central bank's rhetoric wasn't as hawkish as expected.
30-12-1899 more >>

KiwiSaver could make refinancing harder

Increasing home loan rates are not the only thing hurting borrowers at the moment. One brokers says joining KiwiSaver could make refinancing even harder.
30-12-1899 more >>

Geneva to launch home loans

Geneva Finance says that is close to launching its own set of home loan products into the market place.
30-12-1899 more >>

Kiwibank campaign ends

Kiwibank has ended its two week price-cutting campaign designed to attract business from borrowers refinancing off maturing fixed rate deals.
30-12-1899 more >>

Landlords welcome Tenancy Tribunal orders being available online

The NZ Property Investors' Federation (NZPIF) welcomes the announcement today by Courts Minister Rick Barker, that Tenancy Tribunal orders are now available online.
30-12-1899 more >>

Lawyers nail conveyancers - yet again

Lawyers will keep their virtual monopoly on conveyancing, while a tiny industry competing for a chunk of this work awaits the parliamentary ratification of long-promised reforms.
30-12-1899 more >>

House price inflation accelerates yet again

House price inflation accelerated yet again in July, according to the latest Quotable Value figures. Average growth in house prices nationally was up 14.3% in July from July last year to $310,420. That compares with the 14.2% annual increase in June, the 13.5% rise in May, 12.5% rise in April and 12.1% rise in March when it had appeared that house price inflation was abating.
30-12-1899 more >>

Estate agents keep tabs on tenants

Almost 400,000 New Zealanders could find their names on a new national rental database of good and bad tenants.
30-12-1899 more >>

Home loan rates start rising

Many home buyers are believing that home loan interest rates will start decreasing when the opposite is happening.
30-12-1899 more >>

Competitive pressure amongst banks eases

The difficulty of picking where interest rates are headed has been thrown into sharp relief for people refixing shorter term finance at the moment or in the near future.
30-12-1899 more >>

Issue Red Herring To Increase Taxes

The New Zealand Property Institute today said that comments by commentators that taxation treatment was the big deciding factor regarding New Zealanders propensity to invest in property were wrong.
30-12-1899 more >>

Weekly Home Loan report

Three factors are in play for home loan borrowers at the moment – falling long term rates, an impending official cash rate review and competition.
30-12-1899 more >>

Government spin won’t hide tenancy cuts

National's Building spokesman, Nick Smith, says Labour cannot hide its cuts to provincial tenancy services with spin and half-truths.
30-12-1899 more >>

Review of the Accommodation Supplement

The Ministry of Social Development (MSD) has initiated a review of the Accommodation Supplement.
30-12-1899 more >>

AMP to re-enter the mortgage market

AMP has decided to re-enter the home loan market and provide AMP-branded lending options through a partnership with Kiwibank.
30-12-1899 more >>

Kiwi will fall sharply by year's end says bank

James Weir reported today in the Dominion Post that the Kiwi dollar traded above US77cents during the weekend but the global backdrop for the dollar is "as good as it gets" and Deutsche Bank is expecting the dollar to fall sharply to US68c by the end of the year.
30-12-1899 more >>

Mortgage rate war fuels housing confidence

ASB Bank’s latest survey of housing confidence is likely to send shivers up spines at the Reserve Bank.
30-12-1899 more >>

Long term home loan rates continue to fall

The past week has been a quiet one on the home loan front with the trend of the past couple of weeks, falling longer-term rates, continuing.
30-12-1899 more >>

First home subsidies rejected

Property developer Hugh Pavletich has taken Real Estate Institute national president Howard Morley to task for calling on Labour and National to 'incentivise' first home ownership with subsidies.
30-12-1899 more >>

Broaden terms of Housing NZ boarder review

National Party Housing spokesman Phil Heatley is urging the Minister to broaden the terms of a review into the circumstances and number of state house tenants with paying boarders.
30-12-1899 more >>

New finance option for businesses

Nationwide Finance has a new finance package designed to help businesses purchase their own premises.
30-12-1899 more >>

Kiwibank chases refinance busin

Kiwibank has cut its fixed rates loans in a two-week marketing campaign aimed at attracting borrowers refinancing from loans fixed two or three years ago.
30-12-1899 more >>

Further cuts to fixed rates

There have been further cuts to fixed rates over terms of two to five years from some finance companies and non bank lenders over the past week but some one-year rates have increased. The major banks, however, are maintaining identical rates over all terms.
30-12-1899 more >>


Results: 201-225 of 350