New First Home Buyers Guide: making the journey simpler

Buying your first home is a major milestone, but it can also feel overwhelming. There are deposits to understand, borrowing limits to work out, KiwiSaver considerations, lender requirements, property checks and plenty of unfamiliar steps along the way.

We’re really pleased to finally share our new First Home Buyer’s Guide. We’ve pulled together our knowledge and experience to create one easy-to-follow guide designed to make the process of purchasing your first home more straightforward and less stressful.

The guide covers the key areas first home buyers need to understand, including:

• How much you may be able to borrow.

• The different ways you may be able to build your deposit.

• Using KiwiSaver towards your first home.

• Low-deposit lending and available support options.

• Preparing for mortgage pre-approval.

• Understanding the buying process.

• Choosing a loan structure that works for you.

• The important steps to take before making an offer and settling.

Our aim is to remove some of the confusion and help you understand what to expect at each stage. Whether you are just starting to save, wondering how much you might be able to borrow or are already looking at properties, the guide is a useful place to begin.

We know that every first home buyer’s situation is different. Your income, expenses, deposit, goals, family circumstances and timeframes will all affect the right pathway forward. That is why the guide is supported by our team, who can help you apply the information to your own circumstances and work through the options available.

Click here to download the guide.

If you know someone who is thinking about buying their first home, please feel free to send this guide on to them. It may also be useful for parents, family members or friends who are helping someone take their first step into the property market.

And if you are considering purchasing your first home yourself, get in touch with Advice Knight for a no-obligation chat. We can help you understand your borrowing power, deposit and lending options, and map out the next steps with greater clarity and confidence.