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Cost of house building set to rocket in the Far North

Development Contribution charges proposed by the Far North District Council, for enforcement in July, will see the cost of building a home ($60,000 or more), rise by between $5,000 and $12,000.

Friday, April 18th 2003, 1:01PM

by The Landlord

Members of the building industry are concerned about the wide ranging impact of the new charges on families hoping to achieve low or middle cost housing...

He said total fees and charges to build new homes in other council districts were between $1000 and $3000, depending on the size of the home.

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Lender Flt 1yr 2yr 3yr
AIA - Back My Build 4.44 - - -
AIA - Go Home Loans 6.89 5.25 4.99 5.35
ANZ 6.89 5.89 5.59 5.89
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 5.29 4.99 5.29
ASB Bank 6.89 5.25 4.99 5.35
ASB Better Homes Top Up - - - 1.00
Avanti Finance 7.40 - - -
Basecorp Finance 7.85 - - -
BNZ - Classic - 5.99 5.69 5.69
Lender Flt 1yr 2yr 3yr
BNZ - Mortgage One 7.04 - - -
BNZ - Rapid Repay 7.04 - - -
BNZ - Std 6.94 5.55 5.29 5.59
BNZ - TotalMoney 7.04 - - -
CFML 321 Loans ▼5.25 - - -
CFML Home Loans ▲6.95 - - -
CFML Prime Loans ▼7.45 - - -
CFML Standard Loans ▼8.25 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - ▼5.09 - -
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Owner Occ 6.45 ▼5.19 5.19 5.49
Co-operative Bank - Standard 6.45 ▼5.69 5.69 5.99
Credit Union Auckland 7.70 - - -
First Credit Union Special - 5.49 5.39 -
First Credit Union Standard 7.19 5.99 5.69 -
Heartland Bank - Online 6.49 5.25 5.19 5.35
Heartland Bank - Reverse Mortgage - - - -
Heretaunga Building Society 8.15 6.35 6.00 -
ICBC 6.95 5.29 4.99 5.39
Kainga Ora 6.89 5.29 4.99 5.35
Kainga Ora - First Home Buyer Special - - - -
Lender Flt 1yr 2yr 3yr
Kiwibank 6.75 6.09 6.09 6.39
Kiwibank - Offset 6.75 - - -
Kiwibank Special 6.75 5.19 5.19 5.59
Liberty 8.59 8.69 8.79 8.94
Nelson Building Society 7.44 5.24 5.24 -
Pepper Money Advantage 10.49 - - -
Pepper Money Easy 8.69 - - -
Pepper Money Essential 8.29 - - -
SBS Bank 6.99 6.29 6.09 6.19
SBS Bank Special - 5.39 5.29 5.35
SBS Construction lending for FHB - - - -
Lender Flt 1yr 2yr 3yr
SBS FirstHome Combo 4.44 4.39 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 9.39 - - -
TSB Bank 7.69 5.99 5.79 6.19
TSB Special 6.89 5.19 4.99 5.39
Unity 6.89 5.29 4.99 -
Unity First Home Buyer special - 4.69 - -
Wairarapa Building Society 7.20 5.49 5.29 -
Westpac 6.99 6.09 5.89 5.99
Westpac Choices Everyday 7.09 - - -
Westpac Offset 6.99 - - -
Lender Flt 1yr 2yr 3yr
Westpac Special - 5.49 5.29 5.39
Median 6.99 5.44 5.29 5.49

Last updated: 14 March 2025 5:56pm
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