210 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

Monday Knowledge

Kurien Thomas from The Flea 88.2 FM

Where can we find this sculpture and why was it etched into the building?

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3 days ago

Worst Xmas ever?

The Team from Neighbourly.co.nz

There's a a lot of planning that goes into Christmas day and sometimes things just don't go to plan. But it can be a good thing - a family mishap or hilarious memory that you can laugh about in Christmases to come.

Whether you burnt the dinner or were stranded at an airport...

Share your Christmas mishaps below!

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4 hours ago

✨ Last day in the office for the adviceHQ team! ✨

Financial Adviser, Director from adviceHQ

As we wrap up another big year, we want to take a moment to thank our clients, colleagues, and partners for your continued trust and support.
Wishing you all a joyful holiday season, safe travels, and a fantastic start to 2025.
#advicehq #thrivein25

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