We are starting to see more and more lenders increasing the maximum amount that can be borrowed against the value of a property. This was one of the big changes that came about following the effects of the Global Financial Crisis and meant that borrowers had to find bigger deposits to use towards the purchase of a property.

This of course made it harder to people to buy their First Home but this is definitely changing with another lender now relaxing the rules and increasing the maximum LVR from 90% to 95%.

A flow on from this is that there may well be a flow on effect in the lower end of the market with first home buyers coming back into the market – a trend that we have seen first hand over the last few months.

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