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
A Christchurch couple turned redundancy into home ownership in under a year through dedicated saving and strategic planning. After a job loss, they adopted strict frugal habits, which they maintained even after finding new employment.
Consulting a mortgage adviser was the crucial turning point, revealing their true borrowing power. Their successful $640,000 offer was aided by a personal letter to the vendor. Their story proves that despite setbacks, home ownership is an achievable goal for Kiwis through sacrifice and expert guidance.
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