Miracle World of Property Management?

  While talking about Miracle that is a small world ride let us ride the world but what after the ride ends, let us tell you that, wanting to make your small home in this small world let us make your way easy, let us be the roads to your home let your dreams been seen through our eyes, giving you the best location with the best prices, where the world is really a small place to stay on but after what it all ends up at your home, all after from work till your tired day at work want

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What you need to know as a property investor?

Written by: Kevin Lampen Retrieved from Stuff.co.nz   This article is written by Kevin Lampen and it is retrieved from stuff.co.nz We feel this will be helpful for our clients and investors to read through:   Q: My partner and I moved cities a couple of years ago and soon realised that the proceeds from selling our house weren’t going to be enough to buy a place in our new city. We’ve been renting ever since, watching as prices have gone ever higher. Now it looks like that rise is slowing a bit and we are thinking about buying a

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HOW DOES THE TENANCY APPLICATION PROCESS WORK?

Dearest reader, This is a relevant post for first time tenants, landlords and anyone who is involved with renting a place to be called home. Renting can be a very exciting thing and it is where the market trends for property management is heading. Metro NZ Property Management knows that renting gives the tenant more flexibility to do as they please when it comes to travelling, choosing a new home and with the current housing situation, the main option for most part of the population. If buying a property isn’t on your priority list just yet, Metro NZ Property Management

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The Reserve Bank to relax the speed limits on High Loan to Value Ration Lending and additionally ​more loosening of the rules expected in the future.

The Reserve bank has pronounced to lighten the rules about the high loan to value ratio (LVR) housing lending in an expected move that might encourage the housing market. The development was announced on 27thNov as part of the bank’s latest Financial Stability ReportFrom 1 January 2019: Up to 20% (increased from 15%) of new mortgage loans to owner occupiers can have deposits of less than 20%. Up to 5% of new mortgage loans to property investors can have deposits of less than 30% (lowered from 35%). This is the next lightening of the LVRs, first introduced in the year 2013, which the RBNZ has

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Parliament votes to pass the legislation for BANNING the letting fee.

The Parliament has voted to pass the legislation to ban the letting fee from 12th December onwards. The housing minister Phil Twyford said that letting fees are unfair for the tenants and banning it will be a good initiative in improvising the conditions for tenants, while in the long run, they are still reviewing the Residential Tenancies Act. He stated “Our tenancy laws are antiquated and don’t reflect the fact that renting is now a long-term reality for many of our families. Around half of New Zealanders now live in rented homes. This change could put up to $47 million

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Best opportunity for First Homebuyers..!!

First homebuyers of Auckland at an advantage by $87 per week compared to 18 months back. Are you planning to fulfill your wish of having a dream house? This would be the best time. Read further to get more information! Metro NZ Property Management would recommend you to get professional’s advices first. Decreasing mortgage interest rates, marginally low house prices and gently increasing wages all are assisting in the dream of Auckland’s first home buyers. According to the Home Loan Affordability Report of Interest.co.nz for the month of September, calculates that mortgage payments for a lower quartile priced home in

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Metro NZ Annual Charity Lunch for Love Soup 2018

At Metro NZ we believe businesses have certain responsibilities – we take our responsibilities seriously. This means we follow the spirit and the letter of all regulations, codes of practice and guidelines that affect our industry. Plus we take a proactive role in making the industry better, both for investors and tenants. This involves exceeding common standards of customer care and taking an active role in trade associations and industry bodies. An important aspect of doing business at Metro NZ is giving back to the community. Frank Rangi, our Managing Director, has a passion for the homeless and for those

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Get it down before it’s too late!

I believe all the landlords and property management firms have received the following letter from government department Tenancy Services. Get your insulation down before it’s too late! Insulate your rental property by 1 July 2019! You now have less than a year to insulate your rental property to the required standard. If you’ve done this already, that’s great. If you haven’t, you could be facing penalties of up to $4,000 for each non-compliant rental home – and these are often awarded to the tenant. Changes to the Act which came into effect in 2016 mean that ceiling and underfloor insulation

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Around 2000 buildings in Auckland recognized as Earth-quake prone.

  According to Dileepa from Stuff.co.nz  According to the findings of Auckland council, approximately around two thousand properties around Auckland are capable of posing a risk to the people or the properties nearby in an average earthquake. 1800 properties have been identified as earth-quake prone and the  owners have been sent notices, as well as eight council-owned buildings are also discovered to be in the same category and notices have been posted on them in the last two months. Victoria Theatre in Devonport, Leys Institute buildings in Ponsonby, Studio Toi Tu Ponsonby Road, Grey Lynn Library and three toilet blocks

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Relax, Foreign Buyers!

According to Henry from Stuff.co.nz, the proposed foreign property buyers ban has been relaxed for foreign investors looking to buy apartments. “The Government will accept changes suggested by the majority of the Finance and Expenditure Committee in their report on the bill. The major change concerns apartments. Originally the ban would allow foreign buyers to purchase apartments off the plans, but would force them to sell them on once the building was completed. Now the ban will allow foreign buyers to hang on to apartments bought off the plan, as long as they are part of a development that is 20

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METRO OUT AND ABOUT: JACK’S COFFEE, REGUS AND METRO NZ.

Dearest reader, Last week was busy for us at Metro NZ. The office hosted a great get together for everyone at level 33 of the ANZ Building. In a partnership with David Burton, Metro NZ and Regus, the team had a great networking morning filled with amazing coffee, delicious pastries and incredible people. Our very own John Baatjes led the event giving a great speech and telling everyone about what we do and introducing David Burton from Jack’s Coffee as well as the Regus management. Who is David Burton?   David Burton is the creator of Jack’s Coffee. Jack’s Coffee

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Equestrian Lovers Hideaway in Kumeu

Dearest reader,   Metro NZ is currently managing an amazing property in Kumeu. We affectionately call it the “Horsey Property” since, besides a fully insulated three bedroom and one bathroom villa, the land is suitable for grazing approximately 5 horses with 8 paddocks and variety of fruit trees. The question on everybody’s lips is: where is Kumeu and what are its attractions? Kumeu is a prosperous rural neighbourhood that is located only 25 kilometres away from Auckland city. The community has a Croatian influence and it is well characterised by being the land of winegrowers. The surrounding areas of Kumeu

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Corporate Leadership in Energy and Environmental Design

Dearest reader,   This week I came across a very interesting article on The Entrepreneur:” You Can Embrace Green Building Without Breaking the Bank” which brings up the question: SHOULD New Zealand corporate business adopt Leadership in Energy and Environmental Design (LEED)? As a country that prides itself on the fact that its called “Green New Zealand”, maybe its time for us as a country to be greener when it comes to our office workplaces. Another article that made the headlines this week was the fact that an American backpacker blasted the “Pure New Zealand” statement as a real myth.

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CONGRATULATIONS TO OUR TEAM MEMBER

We would like to congratulate our very own Layla Syou for a very successful presentation at the PoD NZ Business Network. Layla is a graduate of the University of Auckland with a Bachelor of Property (BProp). She has advanced property management and valuation skills and a background in building construction and development. She knows every detail of the property industry and enjoys contributing to the property industry, especially service delivery at Metro NZ. Her background as the Metro NZ Property Management Senior Property Management Office Manager & Head of Asian Division has returned a wealth of experience with coordinating sub-contractors

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JOIN OUR AMAZING TEAM

Commercial Property Manager and Residential Property Managers WANTED! Metro NZ Property Management is a nationwide property management company in New Zealand with over 30 years of collective experience. Due to the success of our exciting new business divisions, we are looking to expand our network of residential and commercial property managers to provide our highly successful property management products and services. We are looking for candidates who are entrepreneurs and can manage properties independently while increasing our portfolio by meeting targets for new rental property acquisitions. Property Manager We are currently hiring Property Graduates or Property Passionate who can work

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