MY WEALTH NEWS Why the NZ property market is running hot

MyWealthFrom October 1, New Zealand banks will only be allowed to issue high loan-to-value-ratio mortgages on just 10% of all their loan business.  What will the impact of this new LVR lending criteria mean for investors in the NZ Property Market?

Director Lisa Phillips was asked to comment for My Wealth, the Commonwealth Bank of Australia.

View article here, or pdf version here.

 

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