Feature article
From redundancy to home ownership in less than a year
First home buyers Rebecca Stewart and Josh Fuller worked ‘bloody hard’ to purchase their Christchurch property.
Last updated: 9 September 2024
AI summary
After facing redundancy, Christchurch couple Rebecca and Josh achieved their dream of home ownership in under a year. They embraced frugal living, cleared debt, and sold a second car to accelerate their savings.
A consultation with a mortgage adviser was the "tipping point," revealing what they could afford. Using their savings and KiwiSaver, they purchased a home for $640,000. Their journey proves that while the process is "bloody hard," home ownership is achievable through sacrifice and strategic financial planning.
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