The 40% deposit requirement banks impose on investors means that non-bank lenders are coming into their own. Such lenders have always been there in the background, but from my perspective the case for using them for mortgages hasn’t been particularly … Read more
Archives for September 2016
September 16, 2016 By
40% deposit? How the new rules play out for investors & FHB
You’ve probably heard that banks require bigger deposits for people who want to buy a residential investment property – it was 20%, now 40%.... As a result, I’ve been getting quite a few questions lately on just how this is going to play out for … Read more
September 6, 2016 By
What the Prime Minister doesn’t know about buying a house…
Calling John Key a muppet has never crossed my mind before, especially on financial matters. He is after all, tons more wealthy than I am and therefore knows a few things that I don’t. But when he said that first home buyers should consider … Read more
