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On the 23rd of March 2021 the NZ Government unveiled its plan to tackle the NZ housing crisis. Part of this plan was a couple of changes to policy impacting people investing in residential property. This video is a recording of a live info webinar we were guest speaking on two days after the announcement. Here is the link to the spreadsheet that Tony the accountant showed https://drive.google.com/file/d/1gu5qviX226BHBF3RcadrwrxxISV_TICv/view?usp=sharing.
Borrow to 80% LVR for investment? Self-employed and don't have two years full financials? Want to stay interest-only and the banks won't roll it over? Thought you couldn't get a mortgage due to previous credit problems?....Well, you'd better watch this!