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Financial risks when you buy off-the-plan

    Over the course of the last few years, investors had made a lot of money buying properties off-the-plan. The overall idea is simple enough: an off-the-plan buyer can enjoy capital gains before having to service any interest costs. That was particularly the case in Auckland where settlements often got pushed out by lengthy council delays without any increase in purch... read more

Holler Practice Note from an insurance perspective

  Less than one month in, the Holler Practice Note is already causing ripples in the property industry.  Anecdotally we are aware of several Tribunal adjudications absolving tenants of any responsibilities as to damages to the property.  Since Holler goes into the heart of the insurer's right of subrogation, many landlords will be asking What does that mean to ... read more