The Property Academy Podcast
LVR Game Changer: $217k More Borrowing For This Investor. New Rules Revealed ⎜ Ep. 1334
07 May 2023
In this episode, we discuss the new LVR rules that have just been announced by the Reserve Bank. These changes make it easier for some owner-occupiers to borrow with a lower deposit. But, the big change is that investors purchasing existing properties will soon be allowed to purchase with a 35% deposit rather than a 40% deposit. While that change sounds small, the outcome is impactful. We go through an example of how some investors can borrow an extra $214k after the changes have been announced.
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