LVR increase by banks generates an opportunity for investors

June 27, 2024

Several New Zealand banks have announced an increase in the loan-to-value ratio (LVR) for investment property lending taking it from 65% to 70%. This change creates an opportunity for investors to have their mortgage lending reviewed. Erskine Owen Mortgage Broker, Wendy Ryan-Kidd says this is a positive move for investors allowing them access to further…

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