Buying a New Property - Accelerate
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17 Apr Buying a New Property

When evaluating a new property, it’s essential to be mindful of unconsented work, which could impact insurance coverage. With flood plains redefined, consulting updated maps is crucial to understanding flood risks. For units, especially multi-level or part of larger buildings, the necessity of body corporate insurance is increasingly apparent.

A new tool from the Auckland Council allows you to check if your property is in a flood plain, aiding in property evaluations.

We recommend confirming insurability before finalising any property purchase, as existing insurance coverage doesn’t guarantee new insurance availability. Feel free to reach out, and we can discuss any potential insurance issues with the property you’re considering.