The Reserve Bank is adding debt to income (DTI) lending restrictions to its toolkit to further dampen investors buying existing houses.

Debt-to-income limits on lending have moved a step closer to reality after the Reserve Bank added debt serviceability restrictions to its policy toolkit.

While the Reserve Bank has taken its first steps towards implementing debt-to-income limits, it has played down the chances of introducing interest-only lending limits.

Mortgage adviser group Prosper has formed an alliance with mySolutions as the two businesses look to share compliance and regulation resources.

The mass adoption of remote working across the globe has led to vociferous debate on the future role of commercial office space within cities, with the spotlight on CBDs.

Mixed signals are apparent in the latest data on the strength of the housing market.

With high inflation just around the corner, ANZ Bank, the country’s biggest mortgage lender, says mortgaged property investors would be wise to fix at least some of their borrowings at longer-term rates.

A landlord who “crossed the line” has been ordered to pay $3,296 in compensation and exemplary damages to her tenant.

Vero insurance has urged its rural customers affected by flooding in the Canterbury region to make use of the mental health benefit available on their rural insurance policies.

The slight fall in mortgage lending activity in recent months has not yet translated to a meaningful improvement in turnaround times, according to advisers.

Queenstown and Wānaka property hasn’t suffered as badly as other sectors in these tourist towns, writes Sally Lindsay.

Boarding house landlords have been reminded by the Tenancy Tribunal they have to meet the next lot of Healthy Homes standards by July 1.

The Government has released a discussion document on what type of properties qualify as a new build and will be exempt from the bright-line extension to 10 years and the four-year phased removal of investors’ ability to reduce their tax bills by deducting mortgage interest payments against their rental income.