The Reserve Bank is undertaking a modest easing of the 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.
New Rules taking effect on September 1
Article by Jonno Ingerson, Director of Research, Core Logic NZ Ltd
The LVR has certainly had an effect on the market predominantly out of the hot spots - Auckland and Christchurch.