Wellington, Nov 23 NZPA - The Government has raised the limit on the amount first home buyers in high priced areas can borrow under the Welcome Home mortgage insurance scheme.

Wellington, Aug 19 NZPA - First home buyers will be able to borrow more under the Welcome Home Loan mortgage insurance scheme. The scheme allows low income earners to borrow up to $200,000 without a deposit. A 15 percent deposit is needed to borrow more.