My favourite part after all these years, is the look on a first-home buyer’s face when you say: “yep, it’s approved”.

Glen McLeod, of Edge Mortgages, ranked ninth in our inaugural Top Adviser Rankings, told us that nothing beats the smile of someone who didn’t think they’d ever own their own home, and then they do.

The Reserve Bank of New Zealand's (RBNZ) plan to loosen some of its macro-prudential measures in the mortgage market is unlikely to reverse the cooling of the housing market, according to the latest report from Fitch Ratings.

Overall mortgage borrowing has registered a significant fall in the year ended in October, down 14% year-on-year to $4.6 billion, according to the newest residential mortgage lending data by borrower type from the Reserve Bank of New Zealand.

Property Institute of New Zealand has welcomed the Reserve Bank’s announcement to loosen loan-to-value lending restrictions (LVRs) from 40% down to 35% but remain at the same level (20%) for first-time buyers.

A new build in Christchurch and a renovation in Wellington have been recognised as New Zealand’s best homes, winning Supreme Awards at the Registered Master Builders 2017 House of the Year Awards.

Liberty Financial’s CEO Mark Collins on who inspires him and what he’d do if he was the Prime Minister for a day

The Reserve Bank of New Zealand (RBNZ) announced today it would implement a “modest easing” to LVR restrictions from 1 January 2018 due to pressures on the housing market having moderated over the past six months.

The proposed inclusion of a debt-to-income (DTI) ratio tool in the Reserve Bank's toolkit was largely met with criticism in a series of submissions, with ANZ New Zealand saying it is fundamentally flawed and Cooperative Bank calling it a blunt, unproven instrument, BusinessDesk reports.

The central bank initially sought to include serviceability restrictions or a DTI tool as part of a macroprudential toolkit that includes restrictions on high loan-to-value ratio (LVR) lending aimed at curbing an overheated housing market.

After a slow start to spring, the property market bounced back in October with the national average asking price climbing 2.7% on last month to $623,700, the latest Trade Me Property Price Index reveals.

Head of Trade Me Property Nigel Jeffries said after five months of slow movement and low stock, the market has finally sprung back into action. “It’s early days but it seems that Spring has finally arrived for the New Zealand property market.

Westpac New Zealand has delivered a solid result in an environment where core earnings were flat and high levels of competition continued to compress margins, the bank announced this morning.

New figures from Westpac NZ show a surge of activity from first home buyers in the regions.

In the year ending September 30, the number of mortgages issued by the bank to first home buyers rose 12% across New Zealand to 5553.