First Mortgage Managers, the manager of non-bank lender First Mortgage Trust, has appointed its first female director as adds governance and commercial experience to its board.

Bethlehem Town Centre and a Wellington industrial property are being bought by the unlisted property funds manager for a total of $107.5 million.

A property management company’s ‘brazen and unacceptable attempt to interfere with a tenant’s right to make an application to the Tenancy Tribunal’ has been severely rebuked by the tribunal.

The Reserve Bank’s plans to add debt-to-income ratios (DTI) to its macro-prudential toolbox will not help the supply of houses, says the Property Investors Federation.

Default KiwiSaver provider Simplicity has slashed its variable rate mortgage to 1.9%, one of the lowest rates available in the market.

A spat over a Papatoetoe property that was to be developed by a 'hands-off' landlord has ended up with the tenant owing $20,111.

ANZ economists predict the official cash rate will begin to rise in February, after the New Zealand economy roared back into life in the first quarter.

ASB has been censured by the Commerce Commission after over-charging break-fees to home loan customers.

Following heightened interest in and around the national housing market, CoreLogic has, for the first time, created a mid-year analysis of suburb-level property data.

Mortgage advisers have raised concerns about the implementation of debt-to-income limits after the Reserve Bank paved the way for their future use.

The Reserve Bank has added debt-to-income limits to its regulatory toolkit, and a recent memo from the central bank reveals the potential settings for the new rules if they come into effect.

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.