NZRB 30% deposit disadvantages first homebuyers, mom and pops

The Reserve Bank restrictions that come into effect in October........ will also make it difficult for the average person........ even first home buyers. I have a lot of young couples as clients who have bought an in
The latest set of New Zealand Reserve Bank rules that will force residential property investors in the Auckland Council area to provide a deposit of 30 per cent from October, is another blow for first homebuyers and mom and pop Kiwis who are trying to sav… http://www.loanplan.co.nz/about-us/blog/nzrb-30-deposit-disadvantages-first-home-buyers-mom-and-pops/