The Property Academy Podcast
Easier to Borrow Money For Property Soon? National's CCCFA Revamp ⎜ Ep. 1640
08 Mar 2024
In this episode, we discuss National's pledge to revamp and rewrite the CCCFA (the Credit Contracts and Consumer Finance Act). This law saw first-time home buyers being denied a mortgage because of gym memberships, Kmart purchases, and their coffee addictions. But National wants to rewrite the law so more people can get a mortgage. But what does it actually mean, and why did the new rules come in, in the first place?
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