WHERE TO WITH MORTGAGE INTEREST RATES?

At the recent First National conference in Wellington we heard from ANZ’s Khoon Goh, who carefully explained why the world is in the mess it is, where things are going and what we New Zealanders might have to expect in the future. I won’t confuse you with the intimate details but the nub of it […]

RENTALS UNDER PRESSURE; SOME FOR SALE?

An associated result of the Budget appears in the investment property market, where the shift in depreciation advantages is projected to see a lift in rental property sales, by those investors exposed through low equity alongside the drop in depreciation. While some pundits believe those retaining their rental properties will increase rentals to counter the […]

LIFESTYLE: FRUIT TO MOVE AGAIN?

The lowering of Company and Personal tax has already had a positive effect on interest in lifestyle blocks and the orchard sectors, most particularly the latter, where pip and berry fruit sales had all but ceased these past 18 months. Buyers and sellers seem now to have more confidence in these market sectors. Visit http://www.firstnational.co.nz/rural/ […]

ALSO: LIFT IN ENQUIRY FOR HOLIDAY HOMES NOTED

The same can be said for holiday markets around the country, where we are hearing from colleagues that more buyers are out but looking carefully at what they make offers on.

FIRST NATIONAL ALIGNS WITH IMMIGRATION WEBSITE

In a move directed at delivering better information on real estate issues to prospective immigrants to New Zealand, First National this month announced an exclusive relationship with the highly-regarded migrant site move2nz.com “Mike and Tammy Bell, founded the site following challenging time gathering information on this country and especially specifics on our real estate processes […]

AT LAST, SOME POSITIVE NEWS

Finance Minister, Bill English, turned more than a few heads recently with comments made in advance of the 20th May Budget. In short, he flew the flag that there will be tax cuts across the board but an increase to 15% on GST. The Minister noted that any tax switch involving cutting personal taxes across […]

TIPS ON WINTER PRESENTATION OF YOUR HOME

Over the year’s two old favourite wives-tales – that winter is a bad time to build a home or sell a home – have been proved fallible at least, false at best. And here’s why. Simply put, the more people who listen to that type of advice mean that if you do choose to sell […]

LIKELY RENTAL SHORTAGE

After reductions in new homes being built over the past couple of years, a stable inward drift of immigrants and fewer Kiwis departing overseas, there is likely to be real pressure on rental stock this year and into 2011. Additionally, the threatened tax increases on some investment property income has seen some investors down sell. […]

Useful web sites

www.firstnational.co.nz for nation-wide property listings and Real Estate information Looking to move to OZ? See www.firstnational.com.au for Australia wide property listings. www.pricespy.co.nz Prices for NZ’s electronics compared www.sorted.org.nz for all your finance queries www.interest.co.nz for the best mortgage rates from all lenders teuxdeux.com for a very handy and useful daily “to-do” activity list to keep […]

Club FN…. What’s in it for you???

If you sell, buy or list a rental property through First National, here’s something to warm you as winter arrives! We are about to launch our Club FN card which will see holders qualify for savings across a range of products and services, presently revolving around electronics, appliances, banking and insurance but shortly to deliver […]

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