Monolithic Plaster Properties: How to Get a Mortgage on a "Leaky Home"
Monolithic plaster homes are the elephants in the New Zealand real estate room. While they offer huge value for buyers, their history as "leaky homes" means banks will put your mortgage application under a microscope.
Before you put in an offer, read our complete guide to weathertightness reports, insurance hurdles, and exactly how to get a home loan approved on a plaster property.