Changes have been made to the Kiwi rental market as a result of the lockdown, and these have an impact on both landlords and tenants. Here’s a quick snapshot: No rental increases for an initial period of six months from the start of the virus crisis. No termination of tenancies without mutual consent for a…
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Your house will likely be your greatest asset and most significant source of debt. So, in these unsettling times, it’s a smart idea to find out if you have the best mortgage deal. The Reserve Bank has maintained the official cash rate (OCR) at 1% and signalled that it would move it lower to stimulate…
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Video is a great way to help sellers even though open houses and private inspections are back on the agenda after the government implemented Level Two of the coronavirus emergency. If your marketing budget doesn’t stretch to a high-end 3D virtual tour or a professional videographer, then you can produce your own video with a…
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Tenants have been given a helping hand from the government because of the coronavirus, and this has implications for landlords, too. Even though we are now at Level 2, the economic stress for many is still very much part of their lives. Government rules state no tenant can refuse to pay rent unless they are…
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New Zealand’s outstanding response to containing the COVID-19 crisis has won global praise and also retained the core strength of our economy. This is never more evident than in the property market, where keen buyer interest continues despite the lockdown and social distancing restrictions. Median prices were up 13.7% to the end of March, and…
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Even as restrictions around isolation ease, if you’re looking to sell your home, you’ll need to modify your approach with some common-sense steps that take COVID-19 into account. As your agents, we’re happy to discuss the best marketing options for your home in these times. We’re seeing increasing use of 3D or virtual tours, video…
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