559 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
7 hours 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? ☀️🥝
  • 75.4% We work hard, we deserve a break!
    75.4% Complete
  • 11.9% Hmm, maybe?
    11.9% Complete
  • 12.7% Yes!
    12.7% Complete
134 votes
6 days ago

A riddle to start the festive season 🌲🎁🌟

The Riddler from The Neighbourly Riddler

I'm a fruit. If you take away my first letter, I'm a crime. If you take away my first two letters, I'm an animal. If you take away my first and last letter, I'm a form of music. What am I?

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!

Want to stop seeing these in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.

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8 hours ago

YUM CHA $5 STEAMED DIM SUM AT GOLDEN ROOSTER, 100 Risedale Road, Rosedale

Helen from Totara Vale

Treat yourself to a delicious Yum Cha $5 each steamed dim sum dishes 😁🥢☕️ Open for Yum Cha 7 days Monday - Sunday 11am - 3pm and are centrally located in Albany at 100 Rosedale Road, Rosedale near to Tai Ping Supermarket. Parking outside the door. Dine in or takeaway available. How cool is the china & teapot with the rooster 🐓 too!! Yummy, tasty dumplings what a bargin!! Cheers Helen 😁