LVR restrictions were removed in April 2020 to ensure they didn't interfere with Covid-19 policy responses aimed at promoting cash flow and confidence. But a further tightening of investors' restrictions takes effect on May 1. • LVR restrictions for investors will be reinstated to a maximum of 5 per cent of new lending at LVRs above 70 per cent. National house prices set records for the fourth month in a row in December, according to the Real Estate Institute. National house prices could rise by as much as 13 to 16 per cent in the next few months,economists say.

Source: New Zealand Herald February 08, 2021 21:59 UTC