8 hidden costs of buying a house in NZ

Buying a house in NZ involves costs beyond the purchase price. During your search, budget for crucial due diligence like building inspections (from $400+) and LIM reports.

The purchase process adds further expenses, including:

- Lawyer's fees ($800-$3,000+)

- House insurance

- Potential mortgage fees or low equity margins for smaller deposits

Finally, remember to account for the practical costs of moving in, such as hiring movers and fixing any immediate issues with the property.