Mortgage broker John Bolton says there are strategies behind some older people s unpaid mortgages.
 
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Friday 9 June, 2017

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If used the tool could stop 2000 owner-occupiers and 9000 investors a year from buying properties

NEVILLE MARRINER/FAIRFAX NZ If used, the tool could stop 2000 owner-occupiers and 9000 investors a year from buying properties.

ALERT: This would stop thousands buying

The Reserve Bank wants to be able to stop people taking out mortgages that are too big compared to their annual incomes.

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Bill English inset has said there is no housing crisis despite increasing reports of people living in cars garages and overcrowded housing.

Bill English, inset, has said there is no housing crisis, despite increasing reports of people living in cars, garages and overcrowded housing. Photo: RNZ / Supplied

PM spoke of housing crisis in 2010 – Sallies

Mr Roberts, founder of the Salvation Army’s social policy unit, told Morning Report the comments were made during a phone conversation in which Mr English...

Geraldine Zareian

Geraldine Zareian - Barfoot & Thompson

"We honestly believe this is the way real estate should be done and will be in the future"

"Geraldine is a great example of how a great real estate salesperson should be"

Phone: 021 184 0312
Email: g.zareian@barfoot.co.nz

Selling a house or switching mortgages to another bank can be costly.

Selling a house or switching mortgages to another bank can be costly. Photo: Stock

$11,000 cost of ending mortgage early brings reminder from banking watchdog

Selling a house or switching mortgages to another bank early could get unwary home-owners into significant financial peril.

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Property investor Richard Burrell s subdivision concept for Wellington City Council s land at Shelly Bay which he says would bring in 30m for ratepayers.

SUPPLIED Property investor Richard Burrell’s subdivision concept for Wellington City Council’s land ​at ​Shelly Ba​y, which he says would bring in $30m for ratepayers.

Shelly Bay land ‘worth $30m’

A Wellington property investor has offered to pay for the revaluation of Shelly Bay.

Jo-Johnstone

JO JOHNSTONE Call: 021 411 107

Jo’s people skill and strong work ethic have seen her enjoy a fast start to what is now a very successful real estate career. With $100m+ in sales in the past three years Jo has established a growing reputation as one of Auckland’s fast emerging real estate professionals.

Tahnee Barnes did tours of Afghanistan and East Timor before moving into the world of luxury real estate.

Tahnee Barnes did tours of Afghanistan and East Timor before moving into the world of luxury real estate.

War vet lands top real estate gig

A MILITARY veteran once deployed in Afghanistan has had a rare change of fortune after landing a dream real estate gig where she’ll rub shoulders with the country’s richest people.

Edge Mortgages founder Glen McLeod said it was fair for banks to ask for their sweeteners back if customers left

Edge Mortgages founder Glen McLeod said it was fair for banks to ask for their sweeteners back if customers left

Banks want sweeteners back

Banks are cracking down on customers who accept cash incentives when they take out a home loan – then switch their business to another bank.

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Wellington City

BRUCE CLARKE/FAIRFAX NZ Wellington City Council is asking developers and community housing providers to redevelop inner-city buildings into new social and affordable apartments, which it will lease.

More apartments for CBD

Developers are being asked to step up to help solve Wellington’s housing crisis by...

Brenton and Renee Moyes with daughter Harper are paying 650 000 for their Glen Innes house.

Brenton and Renee Moyes with daughter Harper are paying $650,000 for their Glen Innes house. Photo / Michael Craig

34 teachers, nurses, police officers and builders workers win housing windfall in Glen Innes

Thirty-four workers in “essential services” have won heavily discounted houses under a scheme aimed at helping them afford to live in Auckland.

Mortgage broker John Bolton says there are strategies behind some older people s unpaid mortgages.

FAIRFAX NZ Mortgage broker John Bolton says there are strategies behind some older people’s unpaid mortgages.

Mortgage at age 55? No way

Aaron Watt was never going to be one of those people who sleepwalk through their mortgage, taking 25, or 30 years to pay it.

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Auckland house prices hold steady

While the number of residential properties sold in Auckland in May was low compared to previous years, prices showed no signs of retreating.

Despite dodging 233 000 worth of tax a woman has been granted the right to practice as a real estate agent.

The man’s offending included regularly unzipping his fly. Photo / 123rf.com

Why disgraced real estate agent granted permanent name suppression

WARNING: Some readers may find this content distressing

West Australian man Paul Linabury 30 recently purchased a house in Japan

est Australian man Paul Linabury, 30, recently purchased a house in Japan

Australia: Priced out of the country: Houses in Sydney and Melbourne are so expensive that Australian first home buyers are snapping up properties in JAPAN

The housing affordability crisis gripping Sydney and Melbourne is so severe some first home buyers are purchasing properties in Japan instead.

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