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845 days ago

Mortgage Lending Laws To Be Relaxed Further

David from adviceHQ

Breaking news! Govt backtracks again on credit crunching CCCFA legislation:
• Narrowing the expenses considered by lenders to more explicitly exclude discretionary expenses;
• Reducing 'double counting' of expenses associated with revolving credit contracts such as credit cards and buy-now pay later schemes, and;
• Helping make debt refinancing or debt consolidation more accessible if appropriate for borrowers.
The proposed changes are in addition to the 7 July CCCFA backtrack.
#adviceHQ #MBIE #beehive #mortgages

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More messages from your neighbours
3 days ago

Poll: Should all neighbours have to contribute to improvements?

The Team from Neighbourly.co.nz

An Auckland court has ruled a woman doesn’t have to contribute towards the cost of fixing a driveway she shares with 10 neighbours.

When thinking about fences, driveways or tree felling, for example, do you think all neighbours should have to pay if the improvements directly benefit them?

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Should all neighbours have to contribute to improvements?
  • 82.5% Yes
    82.5% Complete
  • 14.7% No
    14.7% Complete
  • 2.8% Other - I'll share below
    2.8% Complete
1446 votes
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