Property Update: RBNZ announcement on LVR changes July 2016

July 20, 2016

This week, the Reserve Bank issued a consultation paper which proposed further tightening of bank lending to residential property investors across the country as well as more limitations on low-equity lending for owner-occupied borrowers; the intention is impose the new conditions by September 1, 2016. You can read the full article here. As always, if you want to learn how to get ahead faster with your financial goals, please call us on 0800 897 898 or head to enableme.co.nz for more information.

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