Understanding LVR Restrictions: What First-Home Buyers in NZ Need to Know
In recent years, the New Zealand housing market has experienced substantial growth, prompting concerns regarding housing affordability and financial stability. To address these issues, the Reserve Bank of New Zealand (RBNZ) has implemented Loan-to-Value Ratio (LVR) restrictions as a measure to manage risks in the housing market. LVR restrictions are […]
How to guide for house hunting in New Zealand
The New Zealand housing market has been a prominent issue in recent years, with escalating prices and a dearth of affordable housing. Comprehending the current state of the market is essential for prospective property buyers in New Zealand. The market is highly competitive, particularly in major cities such as Auckland […]
Navigating the First Home Buyers NZ: Deposit in 2024
The housing market in New Zealand has been a significant concern in recent years, with rapidly increasing prices creating substantial barriers for first home buyers NZ. Several factors have contributed to this surge in demand, including population growth, low interest rates, and a limited housing supply. Consequently, average house prices […]