Owner occupier time
Question from Mark updated on 16th March 2017:
Is there a minimum time that I have to live in a property myself (paying 20% deposit) before I can move and rent the place out?
Our expert Kris Pedersen responded:
I don’t believe there is anything formally stated but the generally accepted opinion for your situation is six months.
Kris Pedersen of Kris Pedersen Mortgages is a commentator on property and finance. His team sources top finance strategies. www.krispedersen.co.nz