Breaking News: LVR Restriction Update – Larger Deposits Soon To Be Required | Ep. 433
In this episode, we discuss the LVR restrictions that are soon to be reintroduced by the Reserve Bank of New Zealand. These are expected to be reintroduced in March 2021, after the central bank finishes its consultation.
It's generally expected that investors purchasing existing investment properties will require a 30% deposit. We also expect that investors purchasing brand new properties will be able to purchase with the existing 20% deposit.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
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