Co-Ownership Housing is a shared ownership initiative designed to help you overcome the challenges of owning your own home.

Co-Ownership Housing Ltd has taken the Co-Ownership concept pioneered for affordable housing and made the opportunity available for all those New Zealanders struggling to own their own home.

Co-Own in partnership with The First Home Buyer’s Club has successfully helped 3 first home buyer families into the first homes with ambitions to help many more during 2018 and beyond.

About The Co-Ownership Housing Opportunity

  • Co-Ownership gives you the opportunity to buy the house at an affordable price and be on the home ownership ladder.
  • You purchase a 75% share of the property, Co-Own invests the other 25% of the purchase price.
  • You get all the benefits of ownership without having to fund the entire purchase price.
  • Your house is on its own title.
  • There is a charge for the co-ownership share, this is payable monthly and does not change for five years
  • You buy what you can afford now and the rest when you are able to.

Criteria For Co-Ownership Housing:

  • Combined household income of $110,000+
  • Deposit from savings and/or KiwiSaver of at least 5% of the purchase price.
  • Be a New Zealand Citizen or Permanent Resident.
  • Have a clean credit history.
  • Little or no debt (less than $5,000)
  • Comfortable with repayments on a mortgage of $500,000 or greater (we can help you determine if you are able to should you decide to proceed with the opportunity).
  • Be buying the property to live in.

Co-Ownership Housing Properties

Co-Ownership Housing Ltd (Co-Own) has teamed up with Mike Greer Homes to make Co-Own opportunities available Auckland wide.

Current Co-Own Properties:

overlea tamaki

2-Bedroom Terrace House | Overlea, Tamaki

$760,000 | 2-BED | 1½ BATHROOMS | 100M2 | 1 OFF STREET CARPARK

A North facing open plan living/dining/kitchen area offers easy access to the outdoor entertaining area within the fully landscaped section. At over 100m2 with two generous sized bedrooms and 1 ½ bathrooms, a range of living and ownership opportunities are possible. One off street car park included.

How It Could Work As A Co-Own Home:

  • First Home Buyer’s Savings / KiwiSaver: $38,000
  • Co-Ownership Investment: $190,000
  • First Home Buyer’s Mortgage: $532,000


4-Bedroom House | Kirkbride Rd, Mangere Bridge

$835,000 | 4-BED | 3 BATHROOMS | 174M2 FLOOR AREA | 1 CAR GARAGE

How It Could Work As A Co-Own Home:

  • First Home Buyer’s Savings / KiwiSaver: $41,750
  • Co-Ownership Investment: $208,750
  • First Home Buyer’s Mortgage: $584,500

The Co-Own Process

The Co-Own process is as follows:

  1. Complete the below form to pre-qualify for the Co-Own programme.
  2. A representative from Co-Own will be in touch to discuss the suitability of your application.
  3. If your application meets the pre-approval requirements, your application progresses to a Home Loan application.
  4. When you have your home loan approval, Co-Own will introduce you to the builder.
  5. Co-Own will guide you through the purchase process to settlement.


Interested In Co-Ownership Housing?

If you’re interested in Co-Ownership Housing, please ensure you meet the criteria above and complete the form below:

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