Property investors warn rents could rise on reduced investor lending
Reserve Bank figures show 35% drop in new residential mortgage lending to investors in past year.
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Hawke’s Bay
Property investors warn house rentals could rise on the back of a sharp drop in loans to investors.
The latest Reserve Bank figures on new residential mortgage lending show loans to investors fell to $1.15 billion in February, 35% down on a year earlier. Overall lending also fell to $4.4 billion
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Fiona Rotherham
Tue, 28 Mar 2017
Tue, 28 Mar 2017
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Property investors warn rents could rise on reduced investor lending
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