Think of the loan-to-value ratio (LVR) like this: What percentage of the house is covered by the mortgage… Or, in other words, what percentage of the house does the bank…
If you’re interested in property investment in New Zealand, you’re likely no stranger to the increased lending restrictions put in place this year. These restrictions were intended to discourage small…
Updated 16th February 2021 It might feel like decades ago, but on 30th April 2020, the Reserve Bank announced the removal of LVR restrictions on banks in New Zealand. In…