Tag: country_nz

Is it time to switch off your gas cooker?

Did you know that switching from gas cooking to electricity can help save the environment? Research now shows that every time you ignite a gas ring, your stove will push out unburned methane that’s 86 times more potent than carbon dioxide (C02).  And, according to a Forbes magazine report, the number of gas stoves being…
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Your choice: bank loan officer V mortgage broker

Buying a home for the first time doesn’t have to be a daunting experience, if you know the basics before your start. It takes many puzzle pieces to ensure all your paperwork and lender funds are in order for settlement day, so preparation is the key to a successful transaction. One of the most important…
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Financial system is in sound shape: Reserve Bank

New Zealand’s financial system is well placed to handle the challenging economic environment, according to the Reserve Bank of New Zealand. In its most recent Financial Stability Report, released earlier this month, the Reserve Bank noted that conditions were becoming more challenging, with interest rates rising and the economy likely to slow. “Despite these challenges,…
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Banks say they’re “here to help” borrowers in stress

New Zealand’s banks have promised to be sympathetic and supportive to borrowers who may face financial stress due to rising interest rates. In its most recent Financial Stability Report, released earlier this month, the Reserve Bank of New Zealand said that while the financial system was in good shape (see previous story), rising interest rates…
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The six regions with asking prices under $700k

Despite the national average asking price hovering around $920,000 in October, buyers can enter the market at a much lower price, according to realestate.co.nz. The most common price range search on realestate.co.nz is between $600,000 and $800,000, which indicates many people’s budget. In October, six regions across New Zealand had average asking prices sitting under…
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First home buyers proving their resilience

With property prices falling in much of New Zealand, conditions have arguably turned in favour of first home buyers. That might be why CoreLogic analysis has found that first home buyer market share has been increasing. First home buyers made 23% of purchases over the first half of the year and 24% in the third…
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How to reduce maintenance tasks

Maintenance is a labour of love for many homeowners – traipsing around the local hardware store and eating snags is a weekend ritual for thousands of homeowners.  Others, of course, would prefer to do something else, somewhere else. If you’re an owner who sees maintenance as a chore rather than an opportunity to test your…
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Five ways to make your drone video take off

Drone video of your property can make a fantastic impact on prospective buyers – but don’t get too caught up in this technology. They’re as spectacular for a beachside mansion with a swimming pool and tennis court as they are underwhelming for a one-bedroom unit.  In other words, drone video isn’t for everyone so be…
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Six reasons why a rainwater tank makes sense

Have you noticed water tanks installed in city homes or regional properties that are already connected to town water?  Rainwater tanks are becoming increasingly popular for several reasons, including a reduction in the quarterly water bill and the environmental benefit. Buyers appreciate green-friendly features that help the planet and shrink the size of utility bills. …
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Eight ways to get the best price for your home

A handful of smart strategies will help ensure an excellent price for your home when selling in today’s market, where buyer enthusiasm is cooling because of rising interest rates. To achieve a fabulous price today, you’ve got to put in the work. Your home must be pristine and ready to beat the competition in the…
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