We recently received a question from a First Home Buyers Club member. This Kiwi is currently working in the UK but is looking to return to New Zealand within the next few months with the plan to purchase a home using the KiwiSaver HomeStart grant. The question was, how would his income be assessed in...

Here are some quick tips to help you kickstart you on your path to your first home. 1. Make The Most Of KiwiSaver This year saw the Government introduce two schemes to help first home buyers get onto the property ladder.  The KiwiSaver HomeStart Grant can provide you with up to $10,000 per person towards...

KiwiSaver HomeStart Grant Applications In April 2015, the Government launched the KiwiSaver HomeStart Grant designed to help first home buyers into their first home. Here we have compiled all the links you need to successfully apply for your KiwiSaver HomeStart Grant.   KiwiSaver HomeStart Grant Eligibility Checklist There...

We were recently asked about the requirements for using your KiwiSaver HomeStart grant to purchase land for building a new home.  More specifically the question asked was “Is a HomeStart grant still obtainable in the situation of purchasing land now but waiting a period of time before building...

Welcome Home Loan       Housing New Zealand run a scheme to assist First Home Owners called the Welcome Home Loan.  How it works You need a 10% deposit – your deposit cannot be borrowed. Income and Housing Value caps apply to this scheme as follows Income Limits $80,000 for 1 buyer,  $120,000...

Today marks the start of the new KiwiSaver Home Start Scheme for First Home Buyers. The scheme replaces the previous First Home Buyers Subsidy and also increases value of withdrawals that can be made from KiwiSaver Schemes. So, who is eligible, what can you get and how do you apply? Eligibility for...

The following is a list of the top reasons applications are returned by Housing NZ causing delays in processing of your application; Incomplete, unsigned or unwitnessed applications Often witnessed by friends/family/employer not the required JP, solicitor etc Provides a KiwiSaver summary statement instead...

Housing NZ has released an update on its soon to be launched KiwiSaver HomeStart Scheme along with some answers to frequently asked questions. We’ll bring you more updates and information as it becomes available! The KiwiSaver HomeStart grant will be introduced on 1 April 2015, to replace the...