mortgage

Unit ownership never cheaper

By PHILIP CHANDLER Singles or couples can pay as little as $200,000 to secure assisted home ownership in a new Queenstown apartment building. Queenstown Lakes Community Housing Trust owns 50 of the 78 units in the first building of the Toru...
By PHILIP CHANDLER Inland Revenue (IRD) is cutting some slack for landlords moving homes or rooms from Airbnb-type platforms to long-term rentals. The short-term rental market took a dive when inbound tourism was shut down due to the Covid-19 pandemic. Many landlords...

Double whammy

By PHILIP CHANDLER A heavily-pregnant Queenstown migrant stressed out about losing her job claims she's also been intimidated by her landlord. Spa beauty and massage therapist Viviane Soares de Freitas was distressed enough to be among 150 Hilton Hotel staff made redundant...
By PHILIP CHANDLER A Christchurch man traumatised by last year's terror attack this week visited a Queenstown hotel to thank staff for their kindness in the aftermath. Yama Nabi presented a handmade rug to The Rees Hotel his family are pictured with...
You could excuse Wakatipu home owners with big mortgages on high-priced properties being pretty nervous at the minute, given the Covid-19-induced implosion of this area's main industry, tourism.  However, Arrowtown-based Roost Mortgage Brokers principal Mark Pullar tells Mountain Scene there...

‘Slash rentals’

By PHILIP CHANDLER A health and safety adviser wants Queenstown's landlords to slash rents during this Covid-19-induced lockdown - and he's got support from the local mayor. John Frampton, who advises companies on their health and safety obligations, believes residential and...
By TRACEY ROXBURGH Queenstown mayor Jim Boult's going to "bust my backside" to help lead the resort, and the district, out of the coronavirus crisis. But, he warns, it will have an impact far bigger than anything most of us will...
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