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Summer Rentals: Renting out your own home; Nelson

Tourists driven away by high rents Homeowners charging unrealistic summer rents for their properties are being warned they could drive tourists away. Birgit Neumann, managing director of Nelson Tourism Services, said homeowners had "cottoned on" to the demand for private summer homes and prices were "fairly steep". ...She rented out about 300 individual homes

Monday, December 23rd 2002, 10:17PM

by The Landlord

a year for an average of $100 to $150 a day, to "thousands" of clients.

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« Wanted to rent: any home, anywhereHousing market continues to bubble »

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Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AIA - Back My Build 3.34 - - -
AIA - Go Home Loans 5.89 4.65 5.25 5.49
ANZ 5.79 ▲5.39 ▲6.09 ▲6.29
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - ▲4.79 ▲5.49 ▲5.69
ASB Bank 5.79 4.65 5.25 5.49
ASB Better Homes Top Up - - - 1.00
Avanti Finance - Near Prime 6.35 - - -
Avanti Finance - Specialised 7.45 - - -
Basecorp Finance 6.35 - - -
Lender Flt 1yr 2yr 3yr
BNZ - Mortgage One 5.94 - - -
BNZ - Rapid Repay 5.94 - - -
BNZ - Std 5.84 4.65 5.19 5.39
BNZ - TotalMoney 5.94 - - -
CFML 321 Loans 3.95 - - -
CFML Home Loans 6.05 - - -
CFML Prime Loans 6.25 - - -
CFML Standard Loans 6.95 - - -
China Construction Bank 6.44 4.85 4.95 4.95
China Construction Bank Special 6.44 5.85 5.95 5.95
Co-operative Bank - First Home Special - 4.55 - -
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Owner Occ 4.99 4.65 5.29 5.49
Co-operative Bank - Standard 4.99 5.15 5.79 5.99
Credit Union Auckland 7.70 - - -
First Credit Union Special - ▲5.09 5.49 -
First Credit Union Standard 6.49 ▲5.69 ▲6.09 -
Heartland Bank - Online ▲5.80 5.89 - -
Heartland Bank - Reverse Mortgage 7.99 - - -
Heretaunga Building Society 6.50 5.50 5.65 -
ICBC 5.39 4.49 ▲4.99 ▲5.25
Kainga Ora 5.79 4.59 4.95 5.19
Kainga Ora - First Home Buyer Special - - - -
Lender Flt 1yr 2yr 3yr
Kiwibank 5.75 5.65 6.19 6.35
Kiwibank - Offset 5.75 - - -
Kiwibank Special 5.75 4.75 5.29 5.55
Liberty 6.65 6.55 6.22 6.20
Nelson Building Society 6.49 4.69 5.09 -
Pepper Money Near Prime 6.55 - - -
Pepper Money Prime 5.99 - - -
Pepper Money Specialist 8.00 - - -
SBS Bank 5.84 5.29 5.79 5.99
SBS Bank Special - 4.69 5.19 5.39
SBS Construction lending for FHB 3.74 - - -
Lender Flt 1yr 2yr 3yr
SBS FirstHome Combo 3.29 4.19 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 7.99 - - -
TSB Bank 6.59 5.49 6.05 6.29
TSB Special 5.79 4.69 5.25 5.49
Unity First Home Buyer special - 4.09 - -
Unity Special 5.79 4.80 5.29 -
Unity Standard 5.79 5.60 6.09 -
Wairarapa Building Society 6.15 4.95 5.45 -
Westpac 5.89 5.39 5.79 6.09
Westpac Choices Everyday 5.99 - - -
Lender Flt 1yr 2yr 3yr
Westpac Offset 5.89 - - -
Westpac Special - 4.79 5.19 5.49
Median 5.94 4.80 5.45 5.49

Last updated: 5 June 2026 10:14am
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