Propertyscouts Invercargill

Reserve Bank Looking To Remove LVR Restrictions - 13th Nov 2017

Reserve Bank Looking To Remove LVR Restrictions

Do We Finally Hear Some Sense?????

I don't know about you, but I certainly was relieved to see some sense out of the Reserve Bank.

With all the changes landlords are facing with the new government, it is great to think some sense is coming back to lending.

In order to provide quality homes, investors will need the ability to loan against their property to add improvements.  With the change in the LVR back to 40% this tied up alot of investors funds, leaving them unable to improve the properties they own.

This article on interest released today is a good read for all investors, and tenants

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