Member Questions Archives | The First Home Buyers Club | New ZealandThe First Home Buyers Club | New Zealand
Applying For KiwiSaver HomeStart As A Returning NZer

Mar

31

2016

Applying For KiwiSaver HomeStart As A Returning NZer

Dustin Lindale

Blog, KiwiSaver, KiwiSaver HomeStart, Member Questions

Comments Off on Applying For KiwiSaver HomeStart As A Returning NZer

We recently received a question from a First Home Buyers Club member. This Kiwi is currently working in the UK but is looking to return to New Zealand within the next few months with the plan to purchase a home using the KiwiSaver HomeStart grant. The question was, how would his income be assessed in...

FacebookTwitterMore...
Cross Leased Titles – What you need to know about Cross Leases!

Sep

9

2014

Cross Leased Titles – What you need to know about Cross Leases!

Karen Lewis

Blog, Member Questions

Comments Off on Cross Leased Titles – What you need to know about Cross Leases!

One of members Kelsey asked the following question “We’re starting to think that cross-lease might be all we can afford – but I’m interested to know what you think about how the title being cross-lease would affect the resale value?” We asked Jessie Foley – Mobile...

FacebookTwitterMore...
What is a LIM Report and why you should get one!

Aug

18

2014

What is a LIM Report and why you should get one!

Karen Lewis

Blog, Got a Minute?, Member Questions

Comments Off on What is a LIM Report and why you should get one!

What is a LIM Report? A LIM report (land Information memorandum) is prepared by the relevant local council. A Land Information Memorandum (LIM) report is a summary of information that the relevant local Council holds on a property. You can request a LIM report via the Council yourself or your solicitor...

FacebookTwitterMore...
When making an offer on a property do I have to pay a deposit and when should I pay it?

Aug

15

2014

When making an offer on a property do I have to pay a deposit and when should I pay it?

Karen Lewis

Blog, Got a Minute?, Member Questions

Comments Off on When making an offer on a property do I have to pay a deposit and when should I pay it?

Question When making an offer on a property do I have to pay a deposit and when should I pay it?   Mcveah Fleming  advise the following;   Answer It depends on the situation. For example if it is a private sale between parties (i.e. no agent involved) the parties may agree that no deposit...

FacebookTwitterMore...
Kiwisaver First Home Buyer Withdrawal – How much can I withdraw?

Aug

14

2014

Kiwisaver First Home Buyer Withdrawal – How much can I withdraw?

Karen Lewis

Blog, KiwiSaver, Member Questions, Member Questions

Comments Off on Kiwisaver First Home Buyer Withdrawal – How much can I withdraw?

Question As a first home buyer I am looking to use my Kiwisaver towards my deposit for my first home. How much of my fund can I withdraw?   Answer You may be able to withdraw ALL your contributions, ALL your employer contributions, plus any earnings. The only amounts you can’t withdraw are...

FacebookTwitterMore...
The 2 meanings of the word ‘deposit’

Jun

23

2014

The 2 meanings of the word ‘deposit’

Karen Lewis

Blog, KiwiSaver, Member Questions

Comments Off on The 2 meanings of the word ‘deposit’

Our first home buyer member Shannon asked us the following question;   Can your kiwisaver savings go towards the deposit of your first home, or can it only go towards the mortgage itself once the deposit has been paid? Our answer; The term ‘deposit’ can be a little confusing as it is...

FacebookTwitterMore...
Should I buy a monolithic home with a cavity system?

Jun

5

2014

Should I buy a monolithic home with a cavity system?

Karen Lewis

Blog, Latest News, Member Questions

Comments Off on Should I buy a monolithic home with a cavity system?

First Home Buyer Club member Nathan asked; What is the general consensus on monolithic cladding houses with a cavity system installed? I’m a first home buying looking at the Auckland market right now but a lot of properties in my price range are this townhouse property type. I’m nervous that...

FacebookTwitterMore...
What to Buy – New or Old?

Jun

4

2014

What to Buy – New or Old?

Karen Lewis

Blog, Latest News, Member Questions

Comments Off on What to Buy – New or Old?

One of our First Home Buyer Club Members ‘Amy’ asked; “Would experts recommend home buyers buy a modern home or a older kiwi home and what is the better choice for resale value?” Michael Guy of Bayleys Real Estate Orewa responded as follows; “It depends on a number of factors. ...

FacebookTwitterMore...
The First Home Buyers Club | New Zealand

The First Home Buyers Club | New Zealand