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Don’t hold your breath for more lenient home loans

Banks are unlikely to have an appetite for riskier lending even if the LVR rules are dropped.

Maria Slade Wed, 22 Apr 2020

Banks are unlikely to lend to home buyers with small deposits despite a relaxation in the loan-to-value (LVR) rules, a property sector boss says.

In response to the Covid-19 crisis, the Reserve Bank has proposed axing its LVR restrictions and allowing banks to lend to borrowers with a less than

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Contact the Writer: maria@nbr.co.nz
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Don’t hold your breath for more lenient home loans
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