Williams Corp looks to shared equity model to help move housing stock

Williams Corp looks to shared equity model to help move housing stock
Williams Corp's co-founder and managing director, Matthew Horncastle. (Image: NZME)
Brent Melville
Property developer Williams Corporation New Zealand has rolled out a shared equity scheme to backfill sales made under the umbrella of Kāinga Ora’s first home partner scheme.The social housing agency shut the door to new applications under its first home buyer package in late September, part of the government’s $400 million progressive home ownership fund launched in Oct 2021.Williams Corp's co-founder and managing director, Matthew Horncastle, said the decision to cancel the scheme was difficult to understand. “Every...

More Property

Political wrangling over housing plan change
Property

Political wrangling over housing plan change

Auckland Council is lobbying Housing Minister Chris Bishop.

Developer ordered to pay $6.5m in property stoush
Property

Developer ordered to pay $6.5m in property stoush

Ex-mate whose firm loaned Neville Mahon millions wins court fight. 

Christchurch stadium set to attract big acts
Property

Christchurch stadium set to attract big acts

Coldplay may have gone south as well if the stadium had been ready, promoter says.

Clarkes’ Du Val hearing postponed due to lack of legal aid
Property

Clarkes’ Du Val hearing postponed due to lack of legal aid

The FMA accepted that it was not feasible for the hearing to proceed at present.