Buying guide
Government help and financial support for first home buyers in New Zealand
It pays to do your research.
.png)
AI summary
While the First Home Grant is no longer available, significant support still exists for first home buyers. You can withdraw most of your KiwiSaver savings after three years to boost your deposit.
The main government scheme is the First Home Loan, underwritten by Kāinga Ora, which allows eligible buyers to purchase a home with as little as a 5% deposit. Other options include:
- Kāinga Whenua Loans for building on Māori land
- Rent-to-own schemes
- Help from family
Always check specific eligibility criteria with a bank or mortgage broker.
What you’ll learn:
Financial help for buying your first home
1. Using your KiwiSaver
Your KiwiSaver can be a big help when buying a home.
2. First Home Loan
You and your partner might be eligible for the same financial help, meaning you can build a bigger deposit together.
3. Kāinga Whenua Loans
4. Tenant Home Ownership grant
5. Help from family
Other pathways worth knowing about
Getting the right advice
Author
Other articles you might like
