Property Law

Common Conditions in Sale and Purchase Agreements in New Zealand

A property purchase is, for many people, the most expensive purchase they will make in their lifetime.  It is common therefore, when entering into an Agreement to purchase a property, to include certain conditions in the Agreement to protect your interests.  However, it is important to include the right conditions in the Agreement and ensure […]

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Understanding the brightline tax test

The Brightline tax test is a crucial part of New Zealand’s property taxation framework, designed to curb property speculation and ensure that profits from quick property sales are taxed appropriately. Introduced in October 2015, the test has undergone several changes, reflecting the governments’ ongoing efforts to stabilize the housing market and address affordability issues. The

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How engaging a reputable mortgage broker can help alleviate mortgage pressures in New Zealand

For many families in New Zealand, mortgage pressures can strain finances and relationships. High or rising interest rates, changing economic conditions, and unforeseen personal circumstances can make managing mortgage payments challenging. We have dealings and contact with a number of mortgage advisers (previously known as brokers), and in this article we explore some of the

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Upcoming changes to PROPERTY tax and TENANCY laws.

Alongside the changes to employment law, the National-ACT-NZ First coalition is bringing in major changes to the property sector. Among the most significant and those likely to affect many of our clients are: TENANCY AND RENTAL MARKET ADJUSTMENTS DEDUCTIBILITY OF MORTGAGE INTEREST FOR LANDLORDS From 1 April 2024, landlords may claim back 80% of the

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