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

Co-Ownership Housing Ltd (Co-Own) 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 10 first home buyer families into their 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.

How Buying A Property Using Co-Ownership Works :

Example of 3-Bedroom House at Tapuwae Way, Mangere Bridge

Asking Price $760,000

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

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-Own Housing Properties

3-Bedroom Terrace Home | Tapuwae Way, Mangere Bridge

$760,000 | 3-bed | 153m² | Bathroom and Ensuite | Garage 38 Tapuwae Way, Mangere Bridge Brand new 3 bedroom terraced townhouse, single garage, bathroom and ensuite. This property will …
Apply Here

4-Bedroom House | 35 Tapuwae Way, Mangere Bridge

$885,000 | 4-BED | 188M² | 2 BATHROOM | ENSUITE | GARAGE Brand new 4 bedroom stand alone home in a sought after Auckland location. The home boasts modern finishes, …
Apply Here

Mike Greer Co-Ownership Housing Properties

Co-Own has partnered with Mike Greer Homes to provide Co-Ownership Housing options across Auckland.

More Co-Own Properties Coming Soon In:

  • Huapai Triangle
  • Pukekohe
  • Hobsonville

If you are interested in finding more about the Mike Greer options, contact [email protected]

3 Bedroom Terrace Houses | Hobsonville
$855,000 | 3-BED | 2 BATHROOMS | SINGLE GARAGE These stylish architecturally designed 3-storey terraced townhouses, with quality fixtures and fittings throughout, combines a practical floor plan with attention to detail …
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2+3 Bedroom Terrace Houses | Millwater, North Shore
$769,000 | 2-BED | 2 BATHROOMS | 112M2 | SINGLE GARAGE Offering 2 double bedrooms, 2.5 well-appointed bathrooms and an open plan living, kitchen and dining area, this home is perfectly designed …
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2-Bedroom Houses | Pine Harbour
$795,000 | 2-BED | 2 BATHROOM 107M2 FLOOR AREA | 103M2 SECTION Offering 2 double bedrooms, a family bathroom, an open plan living, kitchen and dining area plus internal access single garaging …
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2-Bedroom Terraced Townhouse | Whangaparaoa
$695,000 | 2-Bed | 1 Bathroom | 98m2 floor area | 119m2 section This new home has a thoughtful floor plan that incorporates 2 double bedrooms, a family bathroom and a superb …
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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 …
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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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