Posts by adviceHQ
561 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
2 days ago

Poll: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝

The Team from Neighbourly.co.nz

There’s growing debate about whether New Zealand’s extended Christmas break (and the slowdown that comes with it) affects productivity.

Tracy Watkins has weighed in ... now it’s your turn. What’s your take? 🤔

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Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
  • 72.7% We work hard, we deserve a break!
    72.7% Complete
  • 16.6% Hmm, maybe?
    16.6% Complete
  • 10.7% Yes!
    10.7% Complete
542 votes
16 hours ago

Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬

The Riddler from The Neighbourly Riddler

How many balls of string does it take to reach the moon?

(Peter from Carterton kindly provided this head-scratcher ... thanks, Peter!)

Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!

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G
9 hours ago

NZ Post Call Centre -hopeless

Garth from Hillcrest

Just hung up after being on hold for 16 minutes . Why do they think people have so much time to wait for someone to answer ? I called just after they opened at 8am. How can you have" higher than normal call volumes" 5 minutes after you open. I guess one way to not have to employ more staff is just not answer and people will hang up eventually.Grrrrrr