Older buyers mean longer term mortgages
Kiwis are buying houses later in life. Many plan to keep working past age 65 to service the loans on their dream homes.For some people, taking out 15- or 20-year mortgages in late middle age might be the answer so that they're not...
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London house prices 'have nothing on Auckland'
A mould-infested, formerly state-owned house on the North Shore is being held up by the international press as an example of how heated Auckland's property market has become.Global news agency Bloomberg
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Highways crossroads site ensures success of retail hub
The newest and biggest retail hub in the Manawatu completed at the end of last year has been placed on the market for sale fully tenanted.The Rangitikei Junction hub, featured in Bayleys' latest Total Property portfolio magazine,...
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Franz Josef Hotel predicted to attract strong buyer interest
A strong performing South Island hotel property with potential to expand and facilitate further growth is for sale in Franz Josef, Westland."This business is showing substantial growth," says Barry Robertson, tourism broker in Colliers...
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Drop in OCR to 2 per cent tipped for 2016
Economists are predicting the Official Cash Rate to drop to 2 per cent next year after a cut next month and two further reductions next year.The current Official Cash Rate (OCR) is 2.75 per cent, and economists from ASB Bank and...
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