Author: Dev Dhingra

Cost overruns in construction projects are attributed to various factors. Inadequate initial planning and budgeting is a common cause, leading to unexpected expenses and delays during project execution. Design or scope modifications during construction can also result in cost overruns, especially when necessitated by unforeseen circumstances or client requests. Poor […]

When financing a home building project, two primary options are available: construction loans and standard home loans. Construction loans are specifically designed to fund new home construction, while standard home loans are used to purchase existing homes. Construction loans are typically short-term and cover the costs associated with building a […]

Rental yield is a key performance indicator for real estate investors, offering a clear measure of a rental property’s potential return on investment. It is calculated by expressing the annual rental income as a percentage of the property’s value. This metric enables investors to make meaningful comparisons between different properties […]

The Bright-Line Test is a tax regulation in New Zealand that applies to residential property sales. Implemented to address property speculation and reduce short-term property flipping, the test requires individuals who sell residential property within a specified period to pay tax on any profits from the sale. The timeframe has […]

Refixing and refinancing are distinct options for homeowners managing their mortgages. Refixing involves selecting a new fixed interest rate for a specific period, typically ranging from six months to five years. This option allows homeowners to secure a favorable rate and maintain stable mortgage payments during the fixed period. Refinancing, […]

Home loan borrowers can choose between fixed and floating interest rates. Fixed rates remain constant throughout the loan term, providing predictable monthly payments. Floating rates, however, fluctuate with market conditions, potentially resulting in varying payment amounts. Fixed rates offer stability and are advantageous when interest rates are low, allowing borrowers […]

The Healthy Homes Standards, introduced by the New Zealand government, establish minimum requirements for rental properties to ensure they are warm, dry, and well-ventilated. These standards aim to enhance the quality of rental housing and improve tenants’ health and well-being. The standards cover five key areas: heating, insulation, ventilation, moisture […]

Investment property taxes in New Zealand are a complex and evolving aspect of property investment. These taxes include income tax on rental earnings, potential capital gains tax on property sales, and various property-related expenses. The tax laws surrounding investment properties frequently change, necessitating ongoing education for investors. The tax implications […]

The First Home Grant is a government program designed to assist first-time homebuyers in purchasing their initial property. This one-time grant varies in amount based on the property’s location, with higher sums typically allocated to areas with increased housing costs. Recipients can use the grant towards their deposit or other […]