296 days ago

Auckland CVs Delayed Again – What You Need to Know

Financial Adviser, Director from adviceHQ

Auckland Council has confirmed that its three-yearly property revaluations — originally expected in late 2024 — have now been further delayed, with values now due “sometime in 2025.”

This impacts homeowners, buyers, investors, and even lenders who often rely on updated CVs (Capital Values) as part of property assessments.

Auckland Council and the Valuer-General cite the need for additional audit work to ensure valuations accurately reflect the market as at 1 May 2024. While that diligence is welcome, the lack of a firm timeline is creating uncertainty across the property and lending sectors.

Why this matters:
🔹 Banks may need to rely more on registered valuations or recent comparable sales when assessing lending.
🔹Agents and buyers may see more inconsistent price signals, especially in emerging or fluctuating suburbs.
🔹Refinancing and equity release options could be impacted if you're banking on a value uplift.

If you're planning a move — whether it's a refinance, restructure, or new purchase — it’s even more important to get independent advice right now.

At adviceHQ , we’re helping clients navigate around the missing CVs by working directly with lenders and valuers to get the numbers that matter.

Reach out if you want clarity on what this means for your plans.

#AucklandProperty #CapitalValues #Refinancing #HomeLoans #adviceHQ

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