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Rental loan scheme sets off warning bells

Victoria Young for NBR NZ Property Investor
Tue, 25 Jun 2013

The head of the Property Investors Federation has criticised a new rental loan scheme, saying it is a “slippery slope” for landlords and tenants.

Newly formed Auckland company MoveSmart is offering loans to tenants who cannot pay upfront rental costs such as bond and advance rent. It says this

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Victoria Young for NBR NZ Property Investor
Tue, 25 Jun 2013
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Rental loan scheme sets off warning bells
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