Breaking News: New ANZ Lending Rules Punish Investors Purchasing Existing Properties⎪Ep. 608

<p>In this episode, we discuss new ANZ lending rules that mean that property investors purchasing existing properties require higher yields, or more of their own income to support their mortgage application.&nbsp;</p> <p><br></p> <p>The major bank in NZ now only counts 65% of the rent an existing investment property generates when calculating mortgage affordability criteria. New builds and properties already within an investor's portfolio remains at 75%.</p> <p><br></p> <p>We also mention our upcoming tour to Christchurch, Queenstown, Auckland and Wellington where we are taking out 10 investors in each city + partners. To enter, leave a review on your favourite podcast listening app, follow us on Instagram and share something to your story. Then email us on podcast@opespartners.co.nz.</p>