Customers unable to settle their home purchase during lockdown have been forced to re-apply for mortgages, according to advisers, as Covid restrictions impact the market.

Heathcote principal Clayton Coplestone says advisers are facing a 'perfect storm'.

The Reserve Bank plans to tighten LVR restrictions for owner-occupiers as it clamps down on low deposit home loans.

CoreLogic says there could be a short period of excessive house price rises after the lockdown because of tight listings.

When it comes to surgery on men young people get things up top fixed while older guys get operated on lower down. 

The Financial Services Council ReGenerations Conference has been postponed and will not take place on September 22 and 23.

Enthusiasm for buying houses has not been dampened by lockdowns.

Christchurch-based Lifetime Group has done a deal to acquire the One50 Group.

Small-business lender Prospa has seen its lending flourish after drying up at the end of last year due to the Covid-19 pandemic.

There has been a big drop in residential property listings since level four restrictions kicked in last month.

Resimac has had a bumper year in New Zealand seeing its settlements increased by 81% to $434 million in the financial year to June 30.

Non-bank lender Resimac saw New Zealand loan settlements jump to A$405 million in the year to June 30, an increase of 81%, as it promised to "double down" on the development of its broker business.