Feature article

Buying my first home: what I wish I knew

Kevin & JC on buying their first home

Last updated: 3 March 2025

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Siblings Kevin & JC share key lessons from buying their first home in Auckland. They were surprised by the high cost of council rates and recommend budgeting for them, suggesting weekly payments for easier management.

A good mortgage broker was invaluable for understanding complex terms like fixed vs. floating rates. Practical advice includes organising things like curtains early to avoid delays. The biggest reward was the feeling of security and creating a "safe haven" in a home of their own.

What was the most surprising thing about the financial side of buying the house?

Were there any terms that confused you?

Is there anything you wish you knew before you went into buying a house?

What was the settlement period like?

Now that you're settled in, is there anything that's been especially great or annoying?