Tag Archives | LVR Rules

Getting Approved Finance For Your KiwiBuild Home

The momentum is starting to grow with KiwiBuild Homes and we are starting to hear about the KiwiBuild projects with new homes starting to become available. We are seeing this Government talking of new KiwiBuild developments and how this is great for first home buyers that have been priced out of the market, especially in
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Understanding How KiwiBuild Mortgages Work

We are hearing about KiwiBuild mortgages and getting asked questions from many first home buyers so thought we should clear up a bit of the confusion here. How The Term KiwiBuild Mortgages Started Kiwibank offers KiwiBuild mortgages … In an article run by the New Zealand Herald in August 2018 Kiwibank says it will let
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LVR Restictions Allow New Build Exemption For Completed Homes

Restrictions on loan-to-value ratios (LVRs) are explained on The Reserve Bank website as temporary limits on banks to reduce the amount of low-deposit mortgage lending but to encourage the building of new houses they have also had some exemptions, now including a new build exemption for new houses that are being construction or are being
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Less New Homes Being Built In Auckland

Latest updates just released by Statistics NZ show that there were 2550 new dwellings consented throughout the country in September, being; 1,892 houses 393 townhouses, flats, and units 206 apartments 59 retirement village units This level of consents is well down from the 2834 consented in August, 2811 consented in July and 2752 consented in June so there is
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