Lending restrictions
BREAKING NEWS!! The reserve bank announced this morning that they are going to ease lending restrictions for first home buyers & investors from January 1st, 2018.
First home buyers - increase the cap on banks from 10% to 15%. So... up to 15% of loans can go to owner occupiers with a deposit of less than 20%.
Investors - up to 5% of loans from the bank can be for deposits at 35%. ( currently 40% deposit).
If you need help looking for your first home or are thinking about moving please give me a call.
Neighbourhood Challenge: Who Can Crack This One? ⛓️💥❔
What has a head but no brain?
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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Some Choice News!
Many New Zealand gardens aren’t seeing as many monarch butterflies fluttering around their swan plants and flower beds these days — the hungry Asian paper wasp has been taking its toll.
Thanks to people like Alan Baldick, who’s made it his mission to protect the monarch, his neighbours still get to enjoy these beautiful butterflies in their own backyards.
Thinking about planting something to invite more butterflies, bees, and birds into your garden?
Thanks for your mahi, Alan! We hope this brings a smile!
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