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Posts by adviceHQ
212 days ago

Breaking News: RBNZ Activates DTI Restrictions & Eases LVR Restrictions

Financial Adviser, Director from adviceHQ

From 1 July, the Reserve Bank of New Zealand (RBNZ) will be implementing the following changes:

DTI Restrictions Introduced
➖ 20% of new owner-occupier lending to borrowers with a DTI ratio over 6.

➖ 20% of new investor lending to borrowers with a DTI ratio over 7.

LVR Restrictions Easing
✔20% of owner-occupier lending to borrowers with an LVR greater than 80% (increased from 15%).
✔ 5% of investor lending to borrowers with an LVR greater than 70% (deposit requirement reduced to 30% from 35%).

If you are an investor or first home buyer with a low deposit, get in touch with adviceHQ to see how this helps you.

#adviceHQ #NZPropertyInvestor #FirstHomeBuyer #RBNZ #LVR #DTI

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More messages from your neighbours
1 day ago

Best way to use leftovers?

The Team from Neighbourly.co.nz

I'm sure you've got some excess ham at home or cold roast potatoes.

What are some of your favourite ways to use leftover food from Christmas day? Share below.

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3 hours ago

Fair play

Resene

Whether it’s a playhouse, she shed or teenager’s sleepout, a stencil-painted floor in Resene Clockwork Orange will elevate it from meh to wow. Find out how to create your own with these easy step by step instructions. Find out more

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9 days ago

Poll: Would you rather: Christmas in summer forever or winter forever?

The Team from Neighbourly.co.nz

Just a bit of a fun poll to get you thinking.

If you had to live out your Christmas days, would you prefer it was a summer Christmas or a winter Christmas?

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Would you rather: Christmas in summer forever or winter forever?
  • 62.2% Summer
    62.2% Complete
  • 36.4% Winter
    36.4% Complete
  • 1.5% Other - I'll share below
    1.5% Complete
1576 votes