It's unclear just how many property investors will be impacted by ASB's move to increase it's minimum deposit rate
It's unclear just how many property investors will be impacted by ASB's move to increase it's minimum deposit rate
13 November 2020
ASB has lifted the deposit required by investors to 30 per cent on the back.
It follows the Reserve Bank's announcement it's considering the re-introduction of loan-to-value restrictions in March.
Property Investors Federation executive officer Sharon Cullwick says 90 per cent of property investors only own one other property besides their own home.
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