Buying guide

First home buyers grant is no more: 7 other ways to get help

The NZ government grant for first home buyers is no longer available, but there are other options out there

Ben Tutty
Last updated: 13 June 2024 | 5 min read
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While the First Home Grant has ended, several other pathways can help you buy your first home in New Zealand.

Key support options include:

- The Kāinga Ora First Home Loan, which lowers your required deposit to 5%.

- KiwiSaver First Home Withdrawal to access your savings for a deposit.

- Shared equity or rent to own schemes to ease into ownership.

- The LVR new build exemption, allowing a 10% deposit on new builds.

Additionally, guarantor loans and special bank offers provide further support.

1. The Kāinga Ora First Home Loan

2. Rent to own schemes

3. Shared equity home ownership

There's still help available for getting into your first home.

4. Kiwisaver First Home Withdrawal

5. The LVR new build exemption

6. Guarantor loans

Getting the right help can make all the difference when you're buying your first home.

7. First home buyer loan offers

Get help from an expert early

Author

Ben Tutty Ben Tutty
Content Writer