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Ed McKnight: Change of rules for flatmates

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Newstalk ob体育接口 ,
Publish Date
Mon, 19 May 2025, 8:22am
Photo / NZ Herald
Photo / NZ Herald

Ed McKnight: Change of rules for flatmates

Author
Newstalk ob体育接口 ,
Publish Date
Mon, 19 May 2025, 8:22am

Rules are being relaxed around borrowers using flatmates to pay their mortgage.

Previously, borrowers would need signed documentation from a flatmate contributing to the cost, but now a declaration of intent is all that鈥檚 needed.

Opes Partners Resident Economist Ed McKnight talks to Mike Hosking about what this means.

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