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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Auckland siblings Kevin & JC share insights from their first-home buying journey. A major surprise was the cost of council rates, which they now manage with weekly payments.

Navigating financial terms like fixed vs. floating rates was challenging, but a good mortgage broker proved invaluable for clear explanations.

Practical lessons included organising things like curtains early. The biggest reward is the security of ownership and having a safe space to share with loved ones.

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?