New build investor loan shutdown; Booming housing market continues
Wednesday, February 17th 2021, 10:58AM
ASB Bank has stopped providing new build loans to investors above 60% LVR, despite new properties being exempt from new lending restrictions: [READ ON]
The buoyant housing market continues. Investors took their largest ever share of home purchases in January to get ahead of the new LVR rules: [READ ON]
According to ASB economists New Zealand is in its biggest housing boom for 17 years: [READ ON]
| « NZFSG compliance hire ahead of March 15 | ASB U-turn on investor new builds » |
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