Demolition begins in Wellington

Over the last few days Wellington has been gifted with beautiful sunny days. However, unfortunately, the future of 61 Molesworth Street is comparatively far gloomier. Demolition of this earthquake-damaged building in Wellington’s CBD began yesterday; just one week after the 7.8 magnitude earthquake rattled the City. The seismic activity on 14th of November substantially damaged…

James Hardie Representative Action Begins

James Hardie is an international building materials company, specialising in the manufacture of ‘Harditex’, ‘Titan board’ and ‘Monotek’ building cladding products used in the construction of several thousand New Zealand homes and buildings throughout the 1990’s and 2000’s. They are known to be a sophisticated company with a long history of litigation relating to asbestos-related…

Off the plan buyers to brace themselves

For those struggling to find a home in Auckland, off the plan purchases were looking attractive for a while, mainly because buyers were able to get around banks’ Loan-to-Value Ratio rules, sometimes paying only a 10 per cent deposit compared to a 20 per cent deposit required to buy an existing home. However, potential off…