Lesley Harris: First Home Buyers' Club Director says time will tell how many people will actually benefit from changes to help first home bu
Early Edition with Ryan Bridge · Newstalk ZB
May 19, 20222m 36s
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Show Notes
Time will tell how many people will actually benefit from changes to help first home buyers.
House price caps for the First Home Grant have been lifted in many parts of the country, while the caps for the First Home Loans scheme will be removed entirely.
First Home Buyers' Club Director Lesley Harris told Kate Hawkesby the bank's criteria is key.
She says they're stress-testing people at a much higher rate, and interest rates are climbing up, there are no guarantees that just because these things are available that people will be able to get the lending.
LISTEN ABOVE
House price caps for the First Home Grant have been lifted in many parts of the country, while the caps for the First Home Loans scheme will be removed entirely.
First Home Buyers' Club Director Lesley Harris told Kate Hawkesby the bank's criteria is key.
She says they're stress-testing people at a much higher rate, and interest rates are climbing up, there are no guarantees that just because these things are available that people will be able to get the lending.
LISTEN ABOVE
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