Breaking News: RBNZ Activates DTI Restrictions & Eases LVR Restrictions
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
Poll: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
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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75.4% We work hard, we deserve a break!
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11.9% Hmm, maybe?
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12.7% Yes!
A riddle to start the festive season 🌲🎁🌟
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!
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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.
YUM CHA $5 STEAMED DIM SUM AT GOLDEN ROOSTER, 100 Risedale Road, Rosedale
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 😁
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