Buying your first home is one of the biggest investments you’ll ever make so it’s understandable you may be feeling a little overwhelmed. Before stepping onto the property ladder, it’s essential you do your homework and properly prepare for the journey ahead. To help you avoid any nasty surprises, we’re sharing the questions most first home buyers ask as well as our advice and recommendations.
Topics: Kiwisaver, First Home, First Home Buyer, NZ Mortgage Adviser, Home Loan Advice, HomeStart Grant, First time homeowner, Kiwisaver withdrawal
If you’ve been waiting to buy your dream home or invest in a rental property, this could be the push you need. House price growth in New Zealand has largely peaked, the ban on foreign buyers is likely to dampen demand, and an interest rate hike appears unlikely, at least in the foreseeable future. Property experts agree: now’s a good time to buy.
Topics: Buying, Kiwisaver, nz mortgage, HomeStart Grant, First time homeowner
The latest figures are out and they’re daunting to say the least! According to real estate statistics website One Roof, first home buyers in Auckland need to earn at least three times the median income in order to buy property. That’s a whopping $241,200 annually per household! So, how do you get a foot on that elusive property ladder? Here are a few options.
Topics: Kiwisaver, Mortgages, First Home Buyer, Information on buying and selling, NZ Mortgage Adviser, Welcome Home Loan, HomeStart Grant
