We regularly warn clients about the risks of purchasing leasehold land, even if it seems affordable at the time there is the danger that this could change drastically come the next rent review. continue reading »
The risky business of investing in leasehold land
by Sirpa Gunn | on Oct 12, 2012 | No CommentsProperty Ownership Options Explained
When buying a property it is important to consider what the best form of ownership is for your situation. This will differ depending on if you are buying a rental investment property or a home to live in as well as your personal circumstances so it is essential to get professional advice on your structuring options.
Land Tenure in New Zealand and Crossleases
If you are looking to purchase a property it is essential that you understand what type of property you are purchasing and the implications of this. There are various types of land tenure in New Zealand namely: continue reading »
Mortgagee Sales – Buyers beware!
There may be some bargain properties up for grabs at mortgagee sales but buyers need to beware. Purchasing at mortgagee auction is not without its risks.
Buying a property at auction is quite different from negotiating on a standard Sale and Purchase Agreement through a real estate agent. continue reading »
