steve slicker portrait
steve slicker signature

upper hutt real estate

Tommy's top Hutt Valley agent from 2006 to 2019

Want a free home appraisal?

Good news if you have a good financial track record.

Hi folks,

Some great news last week, Graham Wheeler, the Reserve Bank Governor, informed us that interest rates were not moving and staying at their base 2.75% with interest rate cuts forecast for the near future.

Having said that after the last review in September the bank indicated then that the next move would be down so there are no guarantees of when the next cuts will occur.

There was another change last week that will affect the market in what I believe is a positive way.

The Reserve Bank has lifted the restriction on the volume of low deposit loans the banks can offer from 10% to 15% outside of Auckland meaning that buyers with a good financial track record should be able to get onto the property ladder with a 10% deposit instead of 20%.

There is no doubt that the “speed limits” on The Loan Value Restrictions (LVRs) imposed in October 2013 to slow down the Auckland market had absolutely no effect there but have hampered growth in most New Zealand provinces including the Wellington region and Upper Hutt.

upper hutt homes 01

If you are thinking of selling your home, would like an appraisal, or want more information on the Upper Hutt property market please call me on the numbers below or contact me via email steve@steveslicker.com alternately fill in your details here on my website.

&nbsp

Kind regards,
Steve Slicker

(04) 212 6787
0275 661 949

 

Steve Slicker, Upper Hutt Real Estate

I also have a Facebook page Please “like” www.facebook.com/steveslicker if you would like to be kept up to date on the on the latest real estate news and listings.

If you are considering selling your property in any of the suburbs below, please call or email Steve

  • Akatarawa
  • Birchville
  • Blue Mountains
  • Brown Owl
  • Clouston Park
  • Ebdentown
  • Elderslea
  • Heretaunga
  • Kaitoke
  • Kingsley Heights
  • Mangaroa
  • Maoribank
  • Maymorn
  • Moonshine Valley
  • Mount Marua
  • Pakuratah
  • Pinehaven
  • Plateau
  • Riverstone Terraces
  • Silverstream
  • Te Marua
  • Timberlea
  • Totara Park
  • Trentham
  • Upper Hutt Central
  • Wallaceville
  • Whitemans Valley