Home' Napier Mail : July 12th 2011 Contents 8 NAPIER MAIL, JULY 13, 2011
Rent or buy
For many, home ownership is a dream --
and a fabulous goal to have!
The most important thing to consider
before you buy is affordability. The good
news is that because of the combination of
relatively low interest rates and stagnant
property prices, home affordability is
currently at it's best level in a 7 years.
And remember, if you're buying your first
home, you may also qualify for the
Welcome Home Loan Grant.
When considering whether to buy, do
your numbers carefully. You don't want to
move into a home only to find yourselves
under financial pressure as time goes by.
Here are some questions to ask when
weighing up the affordability of a home:
1. How much deposit do you have?
It wasn't so long ago that banks insisted
that home buyers had at least a 20%
deposit. This was the minimum you needed
if you were to buy a home. The bank
expected you to prove your savings record,
and show that you have saved the money.
2. Can you afford the repayments now?
3. Can you afford repayments on 1 wage?
If pregnancy is not a possibility, this is not
such a vital consideration.
4. Can you afford the repayments if
interest rates rose by 3 %?
If you can't, than don't buy. Interest rates
are expected to rise next year, so allow for a
3% increase to be conservative.
If you can afford to buy, then go ahead.
Don't wait for the 'right time'.
Start enjoying the benefits of home
ownership now. These include long term
capital gain; feeling safe and secure;
building up your asset base; and getting on
the path to prosperity.
Finally, start out with a modest home,
then trade up when you're ready. Always
keep your home repayments at a
(conservative) affordable level.
For other great advice about buying your
home call Cox Partners
Estate Agents on 835-4321
for a complimentary copy
of the booklet, "Buying
Malcolm Cox, 835-4321
Malcolm Cox on Property
For domestic and business security
enquiries contact falcon electrical.
Ph: 843 6383
The Hawke's Bay Power Consumers' Trust are committed to helping families live in a warmer, drier,
healthier more energy efficient home.
This article is focusing on heating to give you some ideas on how you can live in a warmer home this winter.
Firstly, it is crucial to mention the importance of insulation. Without adequate insulation, all your effort to heat your home
will literally escape! Improving your home's ability to keep in the heat and the use of a clean, efficient heating system will
make your home more cost-effective to run and warmer and healthier to live in.
There are many energy efficient heating options for your home. For example, wood burners, pellet fires, heat pumps, and
flued gas heaters. Each heating scource has their own advantages and disadvantages; the choice will depend on your
home and family's needs.
It is important when choosing your heating solution to get as much non-biased information as possible to determine which
option is the most effective for you. Some aspects to consider when choosing your heating solution is whether it is the
right size for the space you want to heat, and whether it will be adequate when considering your insulation standard, the
size and type of windows in your home, and how cold it is where you live.
Here are some tips for heating your home...
• Heat one room at a time, this helps with the efficiency of the heating device.
• Look to heat areas to no more than a comfortable level; an ideal temperature is between 18-20 degrees. Investing in a
thermometer will help you to monitor this.
• Close your curtains before the sun goes down, this helps to trap the days heat in.
• Heat transfer kits can also be very effective to shift heat around the home.
But before looking into heating, get your insulation sorted! It will be much easier and more cost effective to heat when
your insulation is up to standard. If you are unsure whether your insulation meets the current standard, or if you are
considering investing in a new heating solutation and would like some free advice talk to the team at Energy Options on
0800 15 15 65 or 843 0130
CARER PAMPER DAY
A few hours of well deserved pampering for family carers.
A free event for UNPAID FAMILY CARERS
Because carers are worth it!
12th August in Havelock North from
10am -- 2pm
call 877 8193 ext. 730,
Don't feel isolated today, come to...
Cape & Peninsula
4 Market St, Napier
Ph: 833 7577 • Cell: 021 456 299
SALE! Up to 50% OFF
Swiss Cotton Shirts,
wraps, throws & jewellery
*While stocks last
Paper gods parading the Matariki catwalk
Ruamoko: Johnny Nissen-Kelsey from
Maraenui's Te Ao Marama Kohanga
Reo as the god of volcanoes and
God of the forest: Tane Mahuta
strides the catwalk.
Smile and wave: Mercedes Waihape
God of the wind: Miriama Moka as
A parade of gloriously costumed
children took to the cat walk at
Napier's Pukemokimoki Marae
on Friday for a celebration of
wearable art, family and
About 120 children from 10
Napier kohanga reo took part in
the Kakahu Hangarua (recycled
Organiser Jule Smith-Clark,
kaiako (head teacher) of Te
Whakakotahitanga Kohanga Reo
said the goal was to have parents
and children working together
celebrating Matariki, the Maori
New Year. It was a dress
rehearsal for the Kahungunu
Expo being held in Hastings in
September during the Rugby
Costumes were judged by a
panel and the winning kohanga
was Maraenui's Te Ao Marama.
Second was Te Whakakotahi-
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