Investment Update – Reserve Bank.

Last month the Reserve Bank Governor released new restrictions to lending that would take effect on September 1st. Banks have started to implement these restrictions already, but the nuts and bolts of the changes are: For investment properties banks are now forced to require at least a 40% deposit for the majority of the loans [...]

By | 2017-06-07T13:27:51+00:00 June 4th, 2017|News|0 Comments