Property News · July 19, 2016

Reserve Bank announces tougher new lending restrictions: Property investors will need a 40% deposit


Tough new rules on borrowing for investment properties have been outlined by the Reserve Bank – and banks have been told to act immediately.Governor Graeme Wheeler has today released proposed new restrictions that will mean property…

Source : nzherald.co.nz/Property
Read more…Reserve Bank announces tougher new lending restrictions: Property investors will need a 40% deposit