goals replied to the topic What’s the typical LVR in N.Z? in the forum Overseas Deals 19 years, 7 months ago
We’ve just been to NZ and obtained finance there. We buy through a NZ Trust and get 80% LVR for most residential property, except where there are more than 2 dwellings on the section (title), then we found you can only obtain a 70% LVR. This is always open to negotiation with the lenders. There is currently a ‘lending war’ between NZ banks so…[Read more]