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The Reserve Bank is undertaking a modest easing of the LVR restrictions.
RBNZ ease LVR restrictions
The Reserve Bank’s new investor-targeted LVR rules come into effect on 1 October, but there are solutions to the restrictions for investors willing to think laterally.
Property loan to value ratio
New Rules taking effect on September 1
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Article by Jonno Ingerson, Director of Research, Core Logic NZ Ltd
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The LVR has certainly had an effect on the market predominantly out of the hot spots - Auckland and Christchurch.
Keith
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