Poll: Would you expect your parents to help you into your first home?
Almost a quarter of young people say the older generations should help first-home buyers into the property market, a new survey shows.
Westpac NZ polled 1000 people about their opinion on parents assisting their children into their first homes.
It found widespread acceptance of the idea: More than half the parents said they would loan money interest-free and only 38 per cent would expect it to be paid back.
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6.3% Yes
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39.4% No
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54.3% I'd be grateful but I don't expect it
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Advice please, declined house insurance cover
Looking for advice please. Has anyone had any issues reinsuring their homes. Our current house insurance went up by 11.5%, so I decided to get another quote. At the end of a very long phone with Tower, they declined to insurance us, saying our property is a landslide risk. I'm on Wyndham Road in Pinehaven. While the house is up off the street, the house itself and backyard are on the flat part of our section. Now - in the interest of full disclosure - I'm going to have to tell our current insurer too. I've rung the Council to see if they've updated their hazards mapping - and they said the only update has been to the Pinehaven Overflow. Have lived in this house since 2003, and insurance has never been an issue till now. TIA
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