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  • Tighter loan restrictions on property investors are now officially in force.

The Reserve Bank set the October 1 start date but banks began introducing the new loan-to-value ratios soon after they were announced in July.

Most Auckland investors have to pay a 40 percent deposit, up from 30 percent.

Most of those outside Auckland also have to pay a 40 percent deposit, up from 20 percent.

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A couple faced with the new restrictions (Getty)