Buying guide
Rent to own: The first time buyers guide
Can’t quite get a mortgage? There might be another way
AI summary
Rent-to-own schemes offer a pathway to homeownership for Kiwis struggling to save a large deposit or secure a mortgage. These programs let you rent a home for a set period, usually five years, with an option to purchase it later.
Benefits include reduced rent, financial support, and sharing in capital gains to build your deposit. Eligibility is often for first-time buyers within specific income thresholds. Key providers like The Housing Foundation and Ka Uruora offer a structured plan for aspiring homeowners.
Rent to own explained
How does rent to own work in NZ?
Rent to buy schemes can be a great way to get into a stable home sooner.
Am I eligible for rent to own NZ?
Your rent to own FAQs answered
1. Would I get a share of the property's value growth?
2. Would my rent go towards your deposit or fees?
Rent to own schemes can make it easier to save a deposit.
3. What happens if property prices go down?
4. Will the provider help me buy?
5. Can I get a mortgage?
6. What if I want to leave and not buy the home?
Top rent to own providers in NZ
Do your homework before applying to a rent to buy scheme.
Keen to apply for a rent to own scheme?
Author
Discover More
NZ election 2026: what it means for landlords, says economist Brad Olsen
Brad Olsen on what the election means for landlords, from capital gains tax and rent caps to where rents are heading.
'Most people haven't built enough garages for all their toys': Inside the Pauanui Waterways home with its own helipad
The son of a Pauanui founder built this Waterways home with its own helipad. After 26 years, it’s for sale.
Search
Other articles you might like
