Posts by adviceHQ
625 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
18 hours ago

Poll: Should the government levy industries that contribute to financial hardship?

The Team from Neighbourly.co.nz

As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙

One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.

So we want to hear what you think:
Should the government ask these industries to contribute?

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Should the government levy industries that contribute to financial hardship?
  • 60.1% Yes, supporting people is important!
    60.1% Complete
  • 23.4% No, individuals should take responsibility
    23.4% Complete
  • 16.5% ... It is complicated
    16.5% Complete
278 votes
1 day ago

A Neighbourly Riddle! Don’t Overthink It… Or Do?😜

The Riddler from The Neighbourly Riddler

Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!

If you multiply this number by any other number, the answer will always be the same. What number is this?

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24 days ago

Poll: As a customer, what do you think about automation?

The Team from Neighbourly.co.nz

The Press investigates the growing reliance on your unpaid labour.

Automation (or the “unpaid shift”) is often described as efficient ... but it tends to benefit employers more than consumers.

We want to know: What do you think about automation?
Are you for, or against?

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As a customer, what do you think about automation?
  • 9.7% For. Self-service is less frustrating and convenient.
    9.7% Complete
  • 43.2% I want to be able to choose.
    43.2% Complete
  • 47.1% Against. I want to deal with people.
    47.1% Complete
2601 votes