Article tagged with 'new build lending'
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New-build buyer risks grow
10 Sep 2021 - Developers are extending timelines for new-build homes due to construction delays, leading to increased risks for borrowers.
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BNZ and Westpac stay out of new build loan battle
05 Jul 2021 - BNZ and Westpac have no plans to introduce cheap variable rate loans for new builds, despite their big four rivals launching aggressive offers in recent weeks.
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ASB 1.79% offer surpasses $2 billion mark
30 Jun 2021 - ASB's "Back My Build" 1.79% variable rate has received more than $2 billion worth of loan applications since its launch last month.
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ANZ 1.68% new build rate shakes up market
28 Jun 2021 - ANZ has introduced the lowest mortgage rate in New Zealand, offering a 1.68% floating rate for new build homes.
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ASB launches 1.79% variable rate for new builds
17 May 2021 - ASB has launched a market-low 1.79% variable rate for new build homes, as the lender attempts to play its part in tackling the housing crisis.
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New build loan boost
02 Mar 2021 - Advisers report that it is getting easier to access construction and new build loans, amid growing pressure to increase the supply of new houses.