New LVR Rules in NZ & The Aussie Investor Flow On
Changes in the Loan to Value Ratio (or LVR's) in New Zealand are giving Australian investors options for investments in Queenstown property.
On the 30th of April the Reserve Bank decided to remove mortgage loan-to-value ratio (LVR) restrictions for 12 months. The decision was made to ensure LVR restrictions didn’t have an undue impact on borrowers or lenders as part of the mortgage deferral scheme implemented in response to the COVID-19 pandemic. Learn more about the changes to LVR's here.
Check out our new Take 5 Series below. This series is 5 minutes with 4 episodes, with 4 local experts and 2 key questions around investing in NZ from overseas. We cover everything you need to know about buying in NZ from an overseas perspective. From overseas investment rules relating to residential and commercial property to lending and legal, as well accounting and taxation
Check out more episodes of our Take 5 Series, our must-watch series for Kiwi ex-pats looking to move home, or relevant to overseas investors looking to invest in Queenstown and wider Southern Lakes property market post Covid-19.
Episode One: The Legal Aspect with Graeme Todd
Episode Two: Tax implications with Daniel Gibbons
Episode Three: Queenstown real estate with Richie Heap
Episode Four: Finance and lending with Stewart Mitchell
Stewart Mitchell - Loan Market
021 762 606
Graeme Todd - Todd & Walker Law
027 433 0457
Kate Gibson - Valuation Partners
021 878 441
Daniel Gibbons - Findex
027 256 9159
Richie Heap - Colliers International
021 500 815