LVR restrictions 'could provide wealthy buyers with cheap properties'

Yes, LVR's are featured in a 100% NZ website (Free Service)which claims the obvious for investors. This "Obvious" is in relation to low-risk investing. Banks never ask for their name to be on your title, they naturally prefer to have the ultimate in security...being, their name on the "mortgage". The site (live but not actively promoted)therefore allows willing lenders to match themselves with willing borrowers, and importantly, allows the lenders (investors) to choose their preferred LVR. With property prices having been "trimmed back" to more realistic values in recent years, an LVR of even 90% in many cases could be assumed as rather prudent. The typical "borrowers" may be the likes of those who have difficulty acquiring a bank loan due to maybe a Baycorp glitch for something as small as a previous 'lapse of memory' to pay off a Farmers Card for $20, maybe due to a misunderstanding with a broken marriage?? The lenders (investors) can now take advantage of this and "help " these borrowers (quite often nice Kiwi's who can honour their mortgage repayments) to obtain a mortgage and build a good track record over the ensuing 6 or 12 months, and then re-finance at a lower interest rate with their bank. This "interim" mortgage finance is a true "Win-Win". (A) The lender (investor) can enjoy the ultimate in security (a registered 1st mortgage) PLUS double-digit returns on their money...sometimes up to 12% or more..! And we all know that 12% for 6 months equates to 24% pa (annualised), so who is it that claims "HIGH RETURNS ARE ALWAYS HIGH RISK?" (B) The borrower can regain their 'usually' deserved good reputation and rid themselves of the "curse" which was previously so easily placed by Baycorp, and which precluded them (borrowers) from taking on an alternative curse (a mortgage)! Maybe some of these overseas investors (and Kiwi investors) could "check it out"...and it doesn't even need a financial planner to try and encourage some volatile sharemarket or property-ownership investments?? Michael