Ollie Sheremetov - Mortgage Adviser

10/09/2020

Stoked to have started my new role with the team at One50 Group. Check out my profile at https://one50group.co.nz/about/meet-the-team/ To find out more about some of the awesome things we are doing with our clients

Our team brings together a range of expertise to help you navigate your personal accounting, insurance, mortgages, & more. Call 0800 80 20 88 today!

30/04/2020

It looks like Reserve Bank of New Zealand is removing the restrictions on LVR (Loan to Property Value Ratio), however it is still up to the banks to decide how they would like to proceed and what it would mean in terms of deposit required to purchase a property - Owner Occupied or Residential Investment. Will keep you updated once we know more how banks decide to react to this change.

Reserve Bank says risky lending is less of a worry than banks not lending enough.

22/04/2020

Good news, banks are looking on easing up on Loan to Value of the property ratios. We should know more details on how people would benefit from those changes next week

https://www.goodreturns.co.nz/article/976516697/reserve-bank-to-scrap-lvr-restrictions.html?utm_source=GR&utm_medium=email&utm_campaign=Reserve+Bank+to+scrap+LVR+restrictions