Posts by adviceHQ
546 days ago

Property / Finance Changes from 1 July 2024

Financial Adviser, Director from adviceHQ

🎤 July 1 brings a raft of changes to the finance and property market:

Bright-line Test:
✅ Now 2yrs (previously up to 10yrs).


Deposit Requirements:
✅ 30% deposit for investment properties (previously 35%).
✅ 20% lending available for low deposit properties (previously 15%).

Debt-to-Income (DTI) Ratios:
➖ DTI ratio restricted to 6 x for owner-occupier lending (20% exception).
➖ DTI ratio restricted to 7 x for investor lending (20% exception).

Credit Contracts and Consumer Finance Act (CCCFA) Reforms:
✅ Commerce Minister Andrew Bayly and Housing Minister Chris Bishop said the government is revoking 11 pages of what it calls "overly prescriptive affordability regulations."

These changes should stimulate activity in the finance and property market, contact adviceHQ for independent financial advice to help you secure your future.

#adviceHQ #DTI #LVR #CCCFA

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More messages from your neighbours
8 hours ago

Poll: Do you set New Year’s resolutions?

The Team from Neighbourly.co.nz

🎉 2026 is almost here!

We’re curious ... how do you welcome it?
Do you set resolutions, follow special traditions, or just go with the flow?

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Do you set New Year’s resolutions?
  • 8.8% Yes! New Year, New Me
    8.8% Complete
  • 20.6% Yes - but I rarely stick to them
    20.6% Complete
  • 70.6% Nah - not for me
    70.6% Complete
68 votes
10 days ago

Poll: 🗑️ Would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?

The Team from Neighbourly.co.nz

Aucklanders, our weekly rubbish collections are staying after councillors voted to scrap a proposed trial of fortnightly pick-ups.

We want to hear from you: would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?

Keen for the details? Read up about the scrapped collection trial here.

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🗑️ Would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?
  • 84.9% Same!
    84.9% Complete
  • 15.1% Would have liked to try something different
    15.1% Complete
523 votes
16 hours ago

Art day for children (ages 7-12yrs)

Eion from Beach Haven

If your child loves drawing and painting they’ll love this one-day workshop with artist Eion Bryant. With step-by-step instruction children will draw then create a vibrant acrylic painting learning tips and techniques along the way. Fun and focused!
Venue: Beach Haven Community House, January 21, 11.00am - 4.00pm Cost: $70
Bookings: eion@eionbryant.com
Ph 0211327033 or 0210606641

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