Feature article
10 stages to secure your home purchase
Check off each of these steps to buy your first house.
AI summary
Buying your first home involves several key stages. After your offer is accepted, you'll pay the deposit and work to meet your bank's conditions. It's vital to apply for your KiwiSaver withdrawal early, allowing at least 10 working days for processing.
Key steps include structuring your mortgage, conducting a pre-settlement inspection, and signing loan documents with your solicitor. You must have home insurance in place by settlement, and co-buyers should consider a relationship property agreement to protect their assets.
Step 1: Paying the deposit
Step 2: Meeting the bank’s conditions
Step 3: KiwiSaver withdrawal
Step 4: Mortgage structure and pricing
Step 5: Relationship property agreement
Step 6: Pre-settlement inspection
Step 7: Bank onboarding
Step 8: Signing loan docs
Step 9: Home and contents insurance
Step 10: Personal
Financial Disclaimer
Author
Discover More
Special Delivery: five former post offices you can buy right now
Five former post offices for sale on Trade Me Property given an incredible second stamp on life.
From Marlborough vines to Golden Bay alpacas: five stunning homes that mean business
From vineyards to alpaca tour farms, discover five stunning New Zealand properties that include built-in businesses.
Search
Other articles you might like
