TMM - News

DTIs will be hard on start-ups

Monday 5th of February 2024

Many small to medium enterprise (SME) owners borrow against their home for their business.

Squirrel Mortgages founder John Bolton says it has been a problem for a long time. “It has been a problem with loan-to-value (LVR) restrictions and it will be a problem with DTIs.

“It is even a problem with how banks approach residential lending generally. The SME market is a n...

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