Mortgages

Great news for borrowers: Easier access to lending is on the way!

2 MIN READ 06/11/2025
Thinking about buying your first home, investing in property or refinancing? Now might be a great time to take the next step!


The Reserve Bank of New Zealand (RBNZ) has announced a proposal to ease loan-to-value ratio (LVR) restrictions – and that could make a big difference for borrowers across the country.

What’s changing?

Loan-to-value ratios (LVRs) have long acted as a speed bump in the borrowing process, particularly for those with smaller deposits. But under the proposed changes, banks will be allowed to lend more to low-deposit borrowers.

Here’s what the RBNZ is proposing:

  • Up to 25% of new lending to owner-occupiers (up from 20%) can be for borrowers with less than a 20% deposit.
  • Up to 10% of new lending to investors (up from 5%) can be for borrowers with less than a 30% deposit.

This change is expected to take effect in December, pending final consultation.

What this means for you

This proposed easing is especially good news if you are:

  • A first-home buyer with less than a 20% deposit
  • A property investor looking to grow your portfolio
  • Someone interested in refinancing or changing lenders

It could mean more opportunities, better access to lending and more competitive offers from banks.

How we can help

At Haven, our mortgage advisers are here to help you make the most of these changes. 

We will:

  • Assess how the proposed LVR changes may impact your borrowing power
  • Compare bank options that suit your deposit size and long-term goals
  • Support first-home buyers through KiwiSaver and explore suitable funds and lending options
  • Help investors navigate the evolving lending landscape with confidence

Just starting out or already on your journey? Now is a great time to connect with one of our mortgage advisers. Reach out today and we’ll guide you through your options!

Email us at mortgages@haven.co.nz, or call 0800 700 699 to book a review.


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