Landlords and home owners eligible for mortgage holiday

By Pattrick Smellie | Fri, 27 Mar 2020


First details of the trading banks' mortgage repayment holiday and government-backed emergency business lending package are emerging, with some banks confirming they will make mortgage repayment holidays available to both home owners and landlords who own rental properties.Only Westpac, BNZ and ASB Bank have so far released any detail on both initiatives, which Finance Minister Grant Robertson announced on Tuesday were in the pipeline.BNZ and ASB have confirmed residential property investors can apply for a mortgage repayment holiday. ANZ is du...