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 with large deposits or mortgage approval. These programs allow you to rent a home for a set period, typically five years, with an exclusive option to purchase it later.
Benefits often include reduced rent, financial planning support, and a share of the property's capital gains to help build your deposit. Eligibility is usually for first-time buyers within specific income brackets. Key providers include The Housing Foundation and Ka Uruora.
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
Interest rate predictions from NZ economists: 2026 & 2027
We don’t have a crystal ball, but we’ve got the next best thing - the opinions of bank economists
WATCH: How The Curve's Sophie Hallwright Bought 2 Properties in 12 Months
The Curve co-founder Sophie Hallwright reveals the exact strategy she used to buy two houses in just 12 months.
Search
Other articles you might like
