Leonie Freeman: Property investors now need 30 per cent deposits at ASB

from The OneRoof Radio Show · host Newstalk ZB

ASB says it won't wait for the Reserve Bank to bring back Loan to Value Ratio (LVR) restrictions for investors in March.It is doing it now.ASB will move immediately to increase the minimum deposit required from investors to 30 per cent in the wake of the Reserve Bank of New Zealand's announcement.CEO of the Property Council Leonie Freeman joined The One Roof Radio Show on The Weekend Collective to share her advice on the issue.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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