NZ still cheaper to live than Australia

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Auckland and Wellington have become more expensive places to live in the past year – but are still cheaper than Australia’s big cities.



Christchurch consents tumble after June earthquakes

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Authorities have approved 300 Christchurch earthquake related consents worth $76 million since September, 67 of them for relocatable homes to house displaced residents, Statistics New Zealand said today.

However consents fell sharply in Christchurch during June, when compared to previous months.



Ghost town – would you live here?

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It sounds like the sale of the century – 10 years ago Charles and Janet Hedges bought a house and two shops on 0.6 hectares for just $15,000.



Failed Serepisos companies owe $50m

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Two failed companies belonging to Wellington property developer Terry Serepisos have more than $50 million of debt on their books, according to the receivers.

PricewaterhouseCoopers’ John Fisk and Richard Longman say Maison Property Holdings and 79 Manners Street owe creditors about $50.8 million, in their first reports on each entity.



Sales of Baches Plummet

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There are few certainties in the unstable property market – but waterside homes are as close to a “shore” thing as you can get. Although the number of homes and baches for sale near beaches, lakes and rivers has plummeted, most have held their value better than houses in other areas. And in sought-after areas close to Auckland – particularly those popular with the rich and famous – premium prices are common.



Lawyers to sell property

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This is a great article written by Rachel Grunwell in regards to Lawyers to being selling property in Auckland with the plans to eventually expand out across the country.

A group of Auckland Lawyers working with the Auckland District Law Society have plans to offer a all in one legal and selling system set up for home owners. Read the article below.



Applying to the Tenancy Tribunal Online

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When things go wrong with a tenancy you may need to make an application for an Order of the Tenancy
Tribunal. This can be done quickly and simply by making an online application.



Blue Chip’s Bryers up to old tricks

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Undischarged bankrupt Mark Bryers is involved in a new Blue Chip-style property scheme in Australia that has produced complaints to theHerald and the government agency that prosecuted him last year.
Bryers is acting as a “financial adviser” to unwitting Australian property investors in a deal with many hallmarks of the disastrous Blue Chip operation that collapsed owing 3000 investors $80 million.



Owners going abroad

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The recent amendment to the Residential Tenancy Act (RTA) has a significant change which will affect property owners who have a tenanted property in NZ, and who are intending to travel out of the country for more than 21 consecutive days.



Abandoned Goods

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What can you do when your tenant departs and leaves goods at the property? Well – as much as you would like to throw this stuff out, it is amazing how a shonky old table can quickly become a prized …



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