Valuation issues worsen
Bank demands for valuations are putting more pressure on advisers and clients as more deals require a valuation to get over the line.
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FSCL case highlights clawback danger
A mortgage adviser has been forced to drop their request for a commission clawback following a dispute involving FSCL.
SBS plans new first home buyer product
Challenger bank SBS Group is planning to launch a new loan product for first home buyers as market forces make getting on the property ladder more difficult.
Clients switching to three-year terms
Mortgage adviser clients are choosing three-year fixed mortgages in anticipation of rising interest rates, according to a new survey.
Mortgage lending boom continues through June
The home lending market remains red hot months on from the Government's housing market reforms, with June lending surpassing $8.5 billion.
Property News
Tribunal: Tenants’ bond ‘kept in a tin’
A $280 bond “kept in a tin” for a decade was evidence in a Dunedin Tenancy Tribunal hearing resulting in $15,900 being awarded to the tenants.
Commercial property sales booming
Record highs are expected for total commercial and industrial sales in the first quarter of this year.
House prices close to turning
The housing market is close to – or at – a turning point, CoreLogic’s update for the second quarter of this year shows.
FSCL case highlights clawback danger
A case study posted by FSCL has highlighted the potential risks with clawback clauses. A mortgage adviser has been forced to drop their request for a commission clawback following a dispute: [READ ON]