As at 29 September 2023 First Home Partner which was a shared ownership scheme run by Kainga Ora has been cancelled.

First Home Partner was a shared ownership scheme designed to help aspiring first home buyers that didn't quite have enough deposit to buy a home that met their needs. According to Kainga Ora's website, "the scheme is now fully subscribed and therefore we (they) will not be accepting any new applications…

Cross leases were originally developed in the 1960s as a way of getting around restrictive subdivision requirements and saved developers in cost and time. They have however been labelled New Zealand’s “greatest conveyancing issue”.

If you happen to be interested in a mortgagee sale property, can you purchase it at all and how does a mortgagee sale auction differ from an ordinary auction? These are the questions we will explore in this article.

Aimed at addressing the New Zealand-wide lack of affordable houses, it requires certain councils (including Auckland) to incorporate new medium-density residential standards into their unitary plans.

When trying to cancel a contract, parties often rely on two clauses in off-plan agreements: a sunset date clause or a force majeure clause.

On 11 February 2021, the most significant changes to Residential Tenancies Act 1986 (“Act”) came into force.  These are on top of the changes which took effect from 12 August 2020 and further changes will take effect from 11 August 2021.

Here are some points for you to think about or investigate further when you are considering buying that section.

Yes it is still possible to start the process for buying a house during a lockdown and even in some cases complete settlement.  Here are the things you can do:

Settlements that do not involve movement of people are still continuing under the following conditions

Buying or selling a house? Beware of changes to the ADLS agreement for sale and purchase of real estate

We’ve all seen the stories in the news recently about the new insulation requirements for rental properties.  But how did these requirements come about and what else does a landlord have to do?

Remember, when you enter into an agreement to buy or sell property – you are legally binding from the time it is signed by both parties. If you are the purchaser, you must make honest and reasonable attempts to satisfy the contract conditions.