PHOTO: Earthquake-prone Wellington
Applications for a loan scheme to help fund strengthening work for earthquake-prone apartments have opened but so far no one has applied.
It comes as owners say they’re concerned they’re being forced to pay hundreds of thousands of dollars for something the Government changed the rules around.
The loan scheme was announced in the 2019 budget and is supposed to help homeowners earthquake strengthen their home.
Carol Brown has lived in her central Wellington apartment since the 1980s. The Government’s rules have thrown her retirement plans of moving to the UK to live with her family up in the air.
Brown doesn’t know when she will see her family again because her apartment is deemed earthquake-prone – below the 34 percent threshold of the new building standard.
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