how banks lending % can change prices, page-9

"Investment properties do not fall within that code and its business as usual and any financial insto worth its salt will cover its arse."

not quite true.

"Investment property" is now generally within the new consumer credit code.

Business and investmenbt loans fall outside the code unelss the investment is in residential real estate.

In teh code if the credit is provided:

for personal, domestic or household purposes, or

to purchase, renovate or improve residential property for investment purposes, or to refinance credit previously provided for this purpose.