The budget announcement is an annual event that generally affects every New Zealander in one way or another. This year, it was a ‘business as usual,’ no surprises budget with the government taking a cautious approach going forward. Here’s a rundown on the 2018 Budget announcements…
More updates on property matters
If you have been following our articles about foreign residential investment, P contamination and warming up Kiwi homes, here are the latest updates on each topic. We’re pleased to let you know there is some good news here.
The fee is how much?
People who have secured a mortgage know that banks often sweeten the deal by providing a contribution towards legal fees. But how much are legal fees for a property transaction and why aren’t they a standard amount? We know people aren’t always comfortable talking about lawyers’ fees. Here’s how it all works.
The fundamentals of flatting
Remember going flatting for the first time? It’s an exciting time, but it can present problems for young people if they’re focused on fun and not the fundamentals.
Contract of sale: standard or specific terms?
Farmers will know that making a sale is usually a significant deal, and you’ll want to get the best deal you can for the fruits of your labour. Does this mean you have to accept the purchaser’s ‘standard terms’ in the contract of sale? What are the implications of setting your own terms in a contract of sale?
Increasing compensation payments for emotional harm
People who have suffered emotional harm in the workplace have traditionally received small compensation payments from employers. In recent decisions, there has been a consistent trend increasing these compensation payouts.
Budget, budget, read all about it!
The budget announcement is an annual event that generally affects every New Zealander in one way or another. This year, it was a ‘business as usual,’ no surprises budget with the government taking a cautious approach going forward. Here’s a rundown on the 2018 Budget announcements…
Buying from a developer is the same as a builder, right?
Buying a house from a property developer is becoming a popular option as you get a new build without having to build the house yourself.
I wish to register a complaint: pre-purchase inspections
Remember the famous Monty Python sketch where John Cleese purchases a parrot which isn’t in the condition he expected? All too often, the same happens when buying property.
Anti-money laundering
The sale and purchase of property usually involves transacting a significant sum of money. From July this year, all law firms will be required to comply with anti-money laundering legislation. Here is what that means for you.
Bright-line extension announced
The Minister of Revenue announced an extension to the bright-line test to help keep the property market under control. If you are thinking about buying or selling rental properties or your holiday home, there are several implications you’ll need to consider before taking action.