Mortgage Lending Laws To Be Relaxed Further
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
Mature** Old** Senior**
Yes I am all of the above, please can anyone suggest recommend someplace I can go ( but not the glue factory yet) for some way of easing up years of building work so I can move more easily, think stretching exercise type stuff.
I live in Mairangi Bay, more than happy to do one to one ☝️ just need to sort it. Ideally not too far away.
Thank you
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