November 2017's Property Gazette
Should we expect property changes from Labour?
The new Labour, Greens and New Zealand First government is up and running. Should we be worried about the changes they will implement regarding property? Or will the changes go in our favour?
Since taking office, the new government has already laid out some policy changes around property, including:
- Restricting ownership to foreign buyers
- Not introducing a capital gains tax to land or building of the family home
- Fast tracking of the Healthy Homes Guarantee Bill
- Removal of negative gearing
- Extension to five years of the bright line test
- Changes to rental property agreements, geared at helping tenants, not landlords
So far property statistics have shown both buyers are sellers are not too concerned with the policy changes. Sales for October were only slightly down and while house prices have dropped in some areas, there is currently not enough information to predict what will happen.
If you’re concerned regarding your home or proposed purchase, come and talk with us. We’ll discuss with you any potential issues you’ll need to be aware of and tailor a plan which will suit your circumstances perfectly!
Vodafone is Changing! Have You Updated Us?
If you currently have a Vodafone run email address, it’s going to change. This is because they are no longer supporting their email service from 30 November 2017 due to ongoing issues with it. If you have one of these email addresses, please tell us your new address so you can continue to hear from us:
In the build up to Christmas, things can get hectic! At Advanced Mortgage Solutions, things are humming along, but we still have time for you! Drop in to see us – we’d love to chat with you over a cuppa!
I have had dealings with Scott over about three years now and his service to my clients has always been excellent. He achieves great results in a timely fashion and he is personable and friendly to deal with. I have no hesitation in recommending him to any of my clients.Brent Selwyn - Senior Partner Harman Lawyers - 6th November 2010 - 06 November 2010
We are very excited as the consents were lodged for our build & hold project in Hamilton this week .Our rental purchase in Ashburton is now fully tenanted & is very cash flow positive!Ken & Louise Emshey - 12th November 2009 - 12 November 2009
Buying our first home was made a lot easier having Scott dealing with the finance.Lachlan and Jamie Johnston - 15 February 2016