On 30th April 2020, the New Zealand Reserve Bank has announced to remove mortgage loan-to-value ratio (LVR) restriction. This change marks the end of LVR limits and banks don’t need to comply with the LVR rule for the next 12...
In New Zealand, family trust is a popular way of protecting your valuable assets. If you are thinking about setting up a family trust, and wondering what exact family trust is and do you really need one, then you have come to...
Having kept the loan-to-value ratio (LVR) restrictions in place for nearly seven years since 2013, the New Zealand Reserve Bank gives banks seven days notice that they plan to remove LVR restrictions on residential mortgage l...
Senior solicitor from Turner Hopkins, Joy Yuan, discusses how to deal with the commercial lease if, due to the Covid-19 lockdown, a tenant is unable to access its premises to conduct its business, from different perspectives...
As you can imagine we’ve had many conversations with clients over the past few days, some of whom are significantly impacted by Covid-19 and the results of lockdown. We’ve shared the three most frequently asked questions by c...
If you struggle to repay your home loan, it’s best to act as soon as possible and seek professional advice. Find out what you can do to make repaying more manageable and less stressful. The 13 tips below will help you proacti...
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