Changes to lending restrictions are on the cards.

Finance Minister Nicola Willis is welcoming the Reserve Bank consulting with banks on easing loan to value restrictions from December.

The central bank's looking at increasing the new lending limit for first-home buyers and property investors.

Banking Association CEO Roger Beaumont says this is really good - and will give first-home buyers more flexibility.

"They're taking advantage of what I'd call the 'sweet spot' of softer house prices, combined with declining interest rates."

LISTEN ABOVE

Changes to lending restrictions are on the cards.
Finance Minister Nicola Willis is welcoming the Reserve Bank consulting with banks on easing loan to value restrictions from December.
The central bank's looking at increasing the new lending limit for first-home buyers and property investors.
Banking Association CEO Roger Beaumont says this is really good - and will give first-home buyers more flexibility.
"They're taking advantage of what I'd call the 'sweet spot' of softer house prices, combined with declining interest rates."
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Roger Beaumont: Banking Association CEO on the upcoming changes set to impact first home buyers

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1f0795fc-cfb8-4af7-aba2-b3760042581c/transcript

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