Buying guide
Should I buy a monolithic cladding house? Understanding NZ leaky homes
Properties with plaster or monolithic cladding can be risky purchases, but they're not all leaky.
AI summary
Buying a home with monolithic cladding requires caution due to its link to NZ's leaky homes crisis, especially in properties built between 1987-2005. Issues often stem from poor building practices and designs lacking a proper drainage cavity.
Be aware of warning signs like mould, sagging ceilings, or swollen materials. Repair costs can exceed $330,000, and securing finance or insurance can be difficult. Before purchasing, always get a specialised building inspection to assess moisture levels and understand the true risk.
What exactly is a leaky home?
What caused the NZ leaky homes crisis?
Monolithic cladding — the main culprit?
Not all plaster homes leak, but they may be at a higher risk.
How can I spot a leaky home?
If you keep your eyes open during a property inspection you may be able to spot signs that a home is leaky.
Not all plaster homes are leaky but they should be approached with caution.
The cost of fixing a leaky home
Should I buy a monolithic cladding house?
FAQs — Navigating leaky homes in NZ
Author
Search
Other articles you might like
