Feature article
10 stages to secure your home purchase
Check off each of these steps to buy your first house.
AI summary
Securing your home purchase involves several key stages. After your offer goes unconditional, you'll pay the deposit and work with your mortgage adviser to meet the bank's conditions.
Key actions include applying for your KiwiSaver withdrawal early (allow 10+ days), deciding on a mortgage structure, and conducting a pre-settlement inspection. If buying with others, consider a relationship property agreement. Final steps involve signing loan documents and arranging home and contents insurance before settlement day.
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
The letter that helped this couple buy on the street where she grew up
A letter to the sellers helped Hannah and Jamie buy a four-bedroom Tawa home on the street where Hannah grew up.
Tawa’s village vibe keeps Wellington families coming back
Great schools, a strong community and more house for your money: why Wellington families put down roots in Tawa.
Search
Other articles you might like
